Musk’s Twitter Spat Promises Wall Street Lawyers a Rich Payday

July 11, 2022, 8:29 PM UTC

Whatever the outcome of the merger dispute between Elon Musk and Twitter, one group looks increasingly certain to be a big winner: prominent Wall Street lawyers whose firms will split up legal fees that could swell to eight figures.

Twitter and Musk have both lawyered up as they prepare for a legal fight to play out in Delaware’s Court of Chancery, the specialized venue where a small group of elite lawyers battle over the rights of shareholders, executives, and the terms of corporate takeovers.

Twitter is expected to file suit in the court this week, and the company will likely ...

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