The judge agrees with Twitter and the trial against Elon Musk will be held in October

Delaware Court of Chancery Judge Jude McCormick ruled Tuesday that the trial for Elon Musk’s reversal of the purchase of Twitter be held in October, after the founder and CEO of Tesla requested to delay it to February. in order to build a better defense of the case.

In this way, McCormick has agreed with the company, which had asked to “accelerate” the trial, although in the end it will not take place in September as Twitter’s legal team had initially defended, alleging that the agreement to buy the company should be before October 24, according to CNN.

The judge has agreed with the reasoning of Twitter, which had expressed that “irreparable” damage to the company increased as more time passed. “The Twitter board has every interest in resolving this quickly, and it has every interest in delay: time is money,” analyzed a professor at Tulane Law School consulted by ‘The New York Times’.

In this sense, the lawyers of the social network expressed last Saturday that “they only need four days to demonstrate that the richest person in the world must fulfill their agreement.”

For its part, Musk’s legal team proposed the month of February as an alternative date for the trial, arguing that the deadline of the agreement “is automatically extended” in the event of litigation, which would not affect the process. Sources close to the Tesla founder suggested the lawyers wanted a better chance of building their case.

On July 9, the tycoon transferred to Twitter that he was renouncing the social network’s purchase contract after receiving no response from the company when requesting information on the number of false accounts found on the platform, as well as the company’s way of auditing and suspending them.

Days later, Twitter filed a lawsuit against the billionaire in a Delaware state court to force him to commit to his offer to buy the company after breaking the agreement between the parties.

“Musk apparently believes that he, unlike any other party subject to Delaware contract law, is free to change his mind, wreck the company, disrupt its operations, destroy shareholder value,” the company said, as picked up by the NBC News network.

In mid-May, the tycoon had decided to temporarily suspend the purchase of Twitter, agreed at the end of last April for some 44,000 million dollars (43,620 million euros), pending details that would support the company’s calculation of that fake accounts account for less than five percent of users.

Subsequently, through a letter sent in early June by Musk’s lawyers to the United States Securities Market Commission (SEC), the billionaire’s legal team considered Twitter’s position a “substantial breach” of its obligations under the merger agreement, warning that Elon Musk “reserves all resulting rights, including his right not to consummate the transaction and his right to terminate the merger agreement.”