Elon Musk’s X Corp. is pushing back on Wachtell, Lipton, Rosen & Katz’s attempt to arbitrate the company’s lawsuit over a $90 million success fee related to the sale of social media platform Twitter Inc.
X (formerly Twitter) filed Sept. 29 its opposition to Wachtell’s motion to compel arbitration in San Francisco Superior Court, claiming that Twitter and the New York-based law firm “never intended to permit an arbitrator to decide the ‘arbitrability’ of such equitable claims.”
The filing is the latest turn in the case that was filed in July by X, the newly rebranded parent company of Twitter, ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.