Francis Pileggi Quoted In Law360 Article on Subpoenas Issued in Twitter-Musk Dispute
Wilmington Managing Partner Francis G.X. Pileggi was recently quoted in a Law360 article titled “Subpoena Blizzard Sets Stage For Musk-Twitter Trial In Del.”
Wilmington, Del. (August 16, 2022) - Wilmington Managing Partner Francis G.X. Pileggi was recently quoted in a Law360 article titled “Subpoena Blizzard Sets Stage For Musk-Twitter Trial In Del.” The article discusses the flurry of subpoenas that have been sought in the Twitter-Musk litigation, which involves Twitter’s attempt to prevent Mr. Musk from terminating his $44 billion agreement to purchase the social media company.
As the article explains, almost 90 subpoenas related to Twitter’s suit “blew through the Chancery Court” over the last month, targeting “captains of finance, titans of tech, friends of Elon Musk, defenders of Twitter, financial firms, banks, lawyers, and more.” Mr. Pileggi shared with Law360 his recollections concerning an expedited case in the Delaware Court of Chancery – Lions Gate Entertainment v. Image Entertainment – in which 26 subpoenas were sought. In comparing that case to the Twitter-Musk suit, Mr. Pileggi noted that although the Lions Gate case "may be comparable in some ways . . . there are not that many cases involving $44 billion...."
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 as well as the Delaware Business Court Insider, 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 Law360 article here (subscription may be required).