Title : "The agglomeration of legal talent on both sides of Twitter v. Musk is mind-boggling—as is the amount of money being billed on this case."
link : "The agglomeration of legal talent on both sides of Twitter v. Musk is mind-boggling—as is the amount of money being billed on this case."
"The agglomeration of legal talent on both sides of Twitter v. Musk is mind-boggling—as is the amount of money being billed on this case."
"But with stakes ranging from a $1 billion breakup fee on the low end to a $44 billion acquisition on the high end, with lots of room for a settlement in between, there’s plenty of cash sloshing around to cover the lawyers’ fees.... Who will prevail in the end? I agree with the conventional wisdom that Twitter has the upper hand. It seems to me that Musk simply got a case of buyer’s remorse, especially after the stock market (including Tesla’s share price) went south.... [T]he reasons given by Musk for walking away seem pretextual. Yes, specific performance is generally a disfavored remedy in contract law compared to money damages.... [but Delaware] Chancery has not hesitated to order specific performance of billion-dollar M&A deals in the past... [I]f Twitter v. Musk goes to trial, the spectacle will be incredible. I’m not big on scatology, so I tuned out Amber Heard’s testimony about poop on the bed. But Elon Musk testifying about his poop emojis? I’m here for it."
Writes David Lat (at Original Jurisdiction).
When are things melodramatic enough that we feel like watching? If we are lawyers, then maybe contracts worth a big enough amount of money are enough. I will never forget the way a partner — at the "biglaw" firm where I worked before I became a lawprof — overpronounced the "b" in "billions." If it's a "b" and not an "m," you'd better stand in awe. I wanted to work on cases that had interesting issues, and for that, in that place, I got called "an intellectual."
Speaking of "b" and "m," long ago, when I was growing up, the conventional word for the substance that is now called "poop" — when speaking around children and other delicate folk — was "b.m." At least in the region where I lived, the place with the famous Chancery Court, Delaware. People would say, "Oh, no, I stepped in dog b.m." or "This place smells like b.m."
And as long as we are talking about Elon Musk and melodrama and scampering away from high finance to more lowly things, here's this new headline in the NY Post: "Elon Musk’s dad, 76, confirms secret second child — with his stepdaughter" ("Elon has not publicly commented on his father’s latest baby admission. The pair are still estranged, with Elon describing his dad as a 'terrible human being'...").
"But with stakes ranging from a $1 billion breakup fee on the low end to a $44 billion acquisition on the high end, with lots of room for a settlement in between, there’s plenty of cash sloshing around to cover the lawyers’ fees.... Who will prevail in the end? I agree with the conventional wisdom that Twitter has the upper hand. It seems to me that Musk simply got a case of buyer’s remorse, especially after the stock market (including Tesla’s share price) went south.... [T]he reasons given by Musk for walking away seem pretextual. Yes, specific performance is generally a disfavored remedy in contract law compared to money damages.... [but Delaware] Chancery has not hesitated to order specific performance of billion-dollar M&A deals in the past... [I]f Twitter v. Musk goes to trial, the spectacle will be incredible. I’m not big on scatology, so I tuned out Amber Heard’s testimony about poop on the bed. But Elon Musk testifying about his poop emojis? I’m here for it."
Writes David Lat (at Original Jurisdiction).
When are things melodramatic enough that we feel like watching? If we are lawyers, then maybe contracts worth a big enough amount of money are enough. I will never forget the way a partner — at the "biglaw" firm where I worked before I became a lawprof — overpronounced the "b" in "billions." If it's a "b" and not an "m," you'd better stand in awe. I wanted to work on cases that had interesting issues, and for that, in that place, I got called "an intellectual."
Speaking of "b" and "m," long ago, when I was growing up, the conventional word for the substance that is now called "poop" — when speaking around children and other delicate folk — was "b.m." At least in the region where I lived, the place with the famous Chancery Court, Delaware. People would say, "Oh, no, I stepped in dog b.m." or "This place smells like b.m."
And as long as we are talking about Elon Musk and melodrama and scampering away from high finance to more lowly things, here's this new headline in the NY Post: "Elon Musk’s dad, 76, confirms secret second child — with his stepdaughter" ("Elon has not publicly commented on his father’s latest baby admission. The pair are still estranged, with Elon describing his dad as a 'terrible human being'...").
Thus articles "The agglomeration of legal talent on both sides of Twitter v. Musk is mind-boggling—as is the amount of money being billed on this case."
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