Opinion
2022-0613-KSJM
10-06-2022
Twitter, Inc. v. Elon R. Musk et al.,
Peter J. Walsh, Jr., Esquire, Kevin R. Shannon, Esquire, Christopher N. Kelly, Esquire, Mathew A. Golden, Esquire, Callan R. Jackson, Esquire, Potter Anderson & Corroon LLP Brad D. Sorrels, Esquire Wilson Sonsini Goodrich & Rosati, P.C Edward B. Micheletti, Esquire, Lauren N. Rosenello, Esquire, Skadden, Arps, Slate, Meagher & Flom LLP
Peter J. Walsh, Jr., Esquire, Kevin R. Shannon, Esquire, Christopher N. Kelly, Esquire, Mathew A. Golden, Esquire, Callan R. Jackson, Esquire, Potter Anderson & Corroon LLP
Brad D. Sorrels, Esquire Wilson Sonsini Goodrich & Rosati, P.C
Edward B. Micheletti, Esquire, Lauren N. Rosenello, Esquire, Skadden, Arps, Slate, Meagher & Flom LLP
KATHALEEN ST. JUDE McCORMICK CHANCELLOR
Dear Counsel:
Defendants and Counterclaim-Plaintiffs Elon R. Musk, X Holdings I, Inc., and X Holdings II, Inc. (collectively, "Defendants") have agreed to close on the Agreement and Plan of Merger dated April 25, 2022, and they have moved to stay this action in light of their agreement. Defendants have stated that "the closing is expected on or around October 28, 2022." Plaintiff Twitter, Inc. opposes the motion on the basis that Defendants' agreement will not ensure that the transaction closes fast enough.
C. A. No. 2022-0613-KSJM, Docket ("Dkt.") 712 at 1.
Dkt. 714.
This action is stayed until 5 p.m. on October 28, 2022, to permit the parties to close on the transaction. If the transaction does not close by 5 p.m. on October 28, 2022, the parties are instructed to contact me by email that evening to obtain November 2022 trial dates.
IT IS SO ORDERED.