Re:Judge sets October trial for Musk-Twitter takeover dispute
by semiquaver on Tuesday July 19, 2022 @06:34PM
(#32158877)
> and has either already suffered this, or might suffer from it once it's uncovered
The problem for this legal argument is that Musk is seeking to uncover this in order to create a MAE. If this were a permissible way to torpedo a deal then it would create a very perverse incentive. The appropriate time to act on these concerns was prior to waiving due diligence.
The problem for this legal argument is that Musk is seeking to uncover this in order to create a MAE. If this were a permissible way to torpedo a deal then it would create a very perverse incentive. The appropriate time to act on these concerns was prior to waiving due diligence.