OA595: Shareholders Sue Twitter, Alleged Facts Jeopardize Musk Deal
Opening Arguments
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Would Twitter Owe Elon a Billion Dollar?
This lawsuit seeks a declaratory judgment that musk is an interested shareholder within the meaning of two o three, and that the proposed takeover either may not lawfully close within three years. The question is whether this that would fall under the required representation s and covenants of either party in here. So for example, as it's currently written, if the standard majority vote fails, then twitter owes elon musk a billion dollar.
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