Wachtell Seeks to Push Musk’s X Corp. Lawsuit to Arbitration

Wachtell, Lipton, Rosen & Katz is looking to move its fight over $90 million in fees with Elon Musk’s X Corp. to arbitration.

The Wall Street firm on Sept. 8 filed a motion to compel, asking the court to enforce an arbitration clause in the master retention agreement signed between Wachtell and Twitter for its representation of the social media company in its contentious $44 billion sale to Musk.

Twitter’s parent, X, sued Wachtell in San Francisco Superior Court in July, claiming that $90 million Twitter paid to the firm amounted to “unjust enrichment.” Twitter had agreed to pay the ...