The top law firm had hired Twitter to charge against Telsa and SpaceX on a decision to terminate a $44 billion takeover deal. Hill, Watchtell, Lipton, Rosen & Katz LLP is the larger law firm in New York Based as they prepare to sue Musk.
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According to the report, Twitter will file its lawsuit in Delaware next week. Musk represents the law firm, Quinn Emanuel Urquhart & Sullivan.
On Saturday, Bret Taylor, Twitter’s chairman, said, “The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.”