On Friday, Elon Musk filed a document to try to cancel his $44 billion acquisition of Twitter. In response, Twitter president Bret Taylor tweeted that the company would pursue legal action to close the deal as agreed. The hiring of Wachtell Lipton, as reported by Bloomberg, suggests that Twitter is serious about arguing its case in the Delaware Court of First Instance. Twitter has hired two key lawyers for its team. One is William Savitt, who has represented companies such as Anthem and Sotheby’s in Delaware court against activist investors. The other is Leo Strine, a former chancellor of the Delaware Court of Chancery with 20 years of experience as a state court judge, ending with a stint as chief justice of the state Supreme Court before joining the firm in 2020. Musk is said to have hired Quinn Emanuel Urquhart & Sullivan, which has also been given the Wikipedia treatment and may be more familiar to Verge readers. He handled Samsung’s defense against Apple’s patent lawsuit, claiming that Galaxy devices were just iPhone knockoffs, and has defended Musk in the past, in the “pedo guy” defamation case, as well as in the wake of his tweet “secured funding ” about the Tesla takeover. private in cases against the Securities and Exchange Commission and ongoing shareholder action.
