X Corp. sues Wachtell to recover most of the $90M fee the law firm received from Twitter for defeating Elon Musk's bid to walk away from his $44B Twitter buyout
https://www.reuters.com/... Also, I can't imagine living life this way, especially when you're so wealthy. — If he was a different person, he could be building libraries, donating funding to saving birds or medical research and making a difference in the world. … Ian Campbell / @neurovagrant@masto.deoan.org : There are few dumber moves I can think of than suing Wachtell Lipton. — Discovery alone is going to be delicious. — https://arstechnica.com/... Twitter: Elon Musk / @elonmusk : @TitterDaily Wachtell brags about how many former Delaware judges work at their firm. They specialize in institutionalized corruption. Sujeet Indap / @sindap : Wachtell's pitch to Twitter when Elon started to get cold feet in June 2022: https://www.ft.com/... [image] Scott Nover / @scottnover : Musk alleges that Wachtell breached its fiduciary duty by arranging a “success fee” contingent on Twitter closing the $44 billion sale (to Musk). Stay with me. Musk claims that outgoing Twitter executives were happy to saddle him with the burden. Hannah Murphy / @mshannahmurphy : NEW: Elon Musk is suing the elite law firm that helped the previous Twitter board close his $44bn buyout when he tried to back out of the deal He wants to recover an “enormous” $90mn fee paid to the firm hours before the deal closed w/ @sindap https://www.ft.com/... Forums: r/Twitter : Elon Musk sues law firm because he's mad that Twitter paid $90 million bill r/facepalm : Musk had tried to abort his Twitter acquisition deal, but Twitter (with help of a law firm of course) sued him and forced him to buy. … r/law : Musk sues law firm because he's mad that Twitter paid $90 million bill Ars OpenForum : Musk sues law firm because he's mad that Twitter paid $90 million bill