Francis Pileggi Speaks With Delaware Business Court Insider on Recently-Issued Scheduling Order in Twitter-Musk Dispute
Wilmington, Del. (August 3, 2022) - Wilmington Managing Partner Francis G.X. Pileggi recently spoke with the Delaware Business Court Insider (part of Law.com) for an article titled, “Elon Musk, Twitter Trial Is Set for Oct. 17, Delaware Chancellor Says,” which discusses the discovery and trial schedule that the Delaware Court of Chancery has set in the Twitter-Musk lawsuit.
As the article describes, Twitter sued Mr. Musk for breach of contract after he attempted to terminate the parties’ $44 billion agreement for his purchase of the company. The article explains that that the parties engaged in a “bitter back and forth” regarding discovery deadlines and trial dates, with the court ultimately setting August 29 as the deadline for the bulk of the document production and October 17 as the trial date.
Mr. Pileggi told the Delaware Business Court Insider that although the document production deadlines are closer to Twitter’s preferences and the trial date reflects Mr. Musk’s preference, the schedule should not be interpreted as favoring either party. “I think in general, people have put too much weight on the expedited scheduling,” Mr. Pileggi said, adding, “I don’t think that should be seen as showing the hand, for lack of a better expression, of how the court views the merits or what the ultimate post-trial outcome of the case will be.”
Mr. Pileggi, who recently spoke with the news media regarding the Twitter-Musk dispute, including participating in a video interview with Reuters and providing his insights to the Epoch Times, is a member of Lewis Brisbois’ Complex Business & Commercial Litigation Practice. He focuses primarily on high-stakes disputes of corporations, stockholders, members of boards of directors, members and managers of LLCs, and those with managerial or ownership interests in other forms of entities. In addition, since 2004, Mr. Pileggi has also maintained the Delaware Corporate & Commercial Litigation Blog, at www.delawarelitigation.com, in which he analyzes key corporate and commercial decisions from Delaware's Supreme Court and Court of Chancery.
Read the full Delaware Business Court Insider article here (subscription may be required).