I saw this today on Business Insider – Twitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says: https://www.businessinsider.com/twitter-hires-law-firm-sue-elon-musk-over-dropped-deal-2022-7/. Longer article.
Hannah Towey and Dominick Reuter July 10, 2022
Twitter has hired Wachtell, Lipton, Rosen & Katz LLP to sue Elon Musk over his move to terminate a $44 billion deal to acquire the app, sources familiar with the matter tell Bloomberg.
The firm specializes in merger litigation and has connections to the Delaware court system, where the case will be tried. Twitter plans to file a lawsuit against the Tesla CEO early this week, the sources told Bloomberg.
Musk himself will be represented by Quinn Emanuel Urquhart & Sullivan LLP. The law firm successfully won a defamation trial for the billionaire back in 2019.