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Musk is not on the hook for $1B, Musk is on the hook for $44B. Delaware has significant precedent for forcing consummation of business deals in cases like these
by nixgeek 4y ago
Musk is not on the hook for $1B, Musk is on the hook for $44B. Delaware has significant precedent for forcing consummation of business deals in cases like these when the acquirer has the means, which Musk clearly does.
https://www.axios.com/2022/05/14/the-musk-twitter-endgame https://www.axios.com/2022/05/14/the-musk-twitter-endgame
- kmonsen 4y agoBut Elon also has a not given a fuck in the past and gotten away with it. My guess is he will get away with it again, but then are we really living in a society with equal laws for everyone?
- MisterBastahrd 4y agoTexas isn't going to protect him (because they can't), so unless he wants to flee the country, he doesn't have many options.
- hef19898 4y agoThat eould be great, Musk trying to "Ghosn" out of it. Ghosn: Carlos Ghosn, former CEO of Nissan-Renault, held on Japan for some white collar crime and illegally smuggled out of Japan, with the help of a former Green Beret and his son, to Libanon, Ghosn home country. Since then he is no longer CEO and wanted internationally by Japan.