Judge in Twitter Case Made a Rare Ruling That Should Terrify Elon Musk
(NewsReady.com) – Elon Musk recently pulled out of his deal with Twitter to buy the social media giant for $44 billion. The company almost immediately filed suit against the billionaire. According to reports, the judge assigned to the case has a history that might work against the Tesla founder.
On Wednesday, July 14, Kathaleen McCormick appointed herself to oversee the Twitter v. Musk case. The judge took over as the chief judge of the Delaware Court of Chancery last year. She’s the first woman to ever fill the position; she also has a reputation for being a no-nonsense jurist who doesn’t tolerate bad behavior from people looking to get out of deals.
In 2021, McCormick issued a ruling that forced Snow Phipps Group, a private equity firm, to close a $550-million acquisition of DecoPac Holdings, a cake supplier. The judge cited “specific performance” in her decision, which is a discretionary remedy that requires parties to uphold their contractual obligations.
Kathaleen McCormick, a judge known for her no-nonsense reputation, was assigned the Twitter's lawsuit seeking to force Elon Musk to complete his deal for the company https://t.co/dQMFK8oACY pic.twitter.com/uydVeuGUdP
— Reuters (@Reuters) July 16, 2022
The first hearing for the case between Twitter and Musk was on July 19, and McCormick ruled in favor of the social media site’s motion to conduct a five-day long, expedited trial in October. Columbia Law School Professor Eric Talley told Business Insider that McCormick won’t be intimidated by people who think they’re “icons of industry” like Musk.
Do you think McCormick is going to be bad news for Musk?
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