Explainer: Twitter, Musk and the Delaware Chancery Court

Twitter argues that Musk, CEO of electric car maker and solar energy company Tesla Inc, has operated in bad faith and is deliberately trying to tank the deal because market conditions have deteriorated and the acquisition no longer serves his interests. — Reuters

DOVER: 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 specialises in high-stakes business disputes.

Twitter has sued Musk in Delaware’s Court of Chancery in an effort to force him to complete a US$44bil (RM195.76bil) takeover deal reached in April.