Skip to Content

EXPLAINER: Twitter, Musk and the Delaware Chancery Court

KIFI

By RANDALL CHASE
AP Business Writer

DOVER, Del. (AP) — Twitter Inc.’s lawsuit to force billionaire Elon Musk to make good on his promise to buy the social media giant will be resolved in a small but powerful Delaware court that specializes in high-stakes business disputes. Twitter is seeking an order of “specific performance” directing Musk to follow through with the $44 billion acquisition. Specific performance is among the unique remedies available in Delaware’s 230-year-old Court of Chancery. Chancery typically handles civil cases where a plaintiff is seeking non-monetary relief. Those cases can range from guardianships to disputes over estates, trusts and wills to disagreements involving some of the world’s largest companies.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content