The Twitter-Musk trial is now on pause | CNN Business

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CNN Business

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The judge overseeing the acquisition dispute between Elon Musk and Twitter on Thursday ruled to pause the legal proceedings until Oct. 28 following a request from the Tesla CEO, meaning the trial that was set to begin Oct. 17 will not go ahead as planned.

Twitter had opposed Musk’s motion to stay the proceedings and raised concerns that he might not follow through on his word to quickly close the deal.

“If the transaction does not close by 5 pm on October 28, 2022, the parties are instructed to contact me by email that evening to obtain November 2022 trial dates,” the judge, Delaware Chancery Court chancellor Kathaleen St. Judge McCormick, said in the order.

Lawyers for Elon Musk on Thursday filed a motion to stay the legal proceedings in its dispute with Twitter and to remove from the court’s calendar the trial that had been set to begin Oct. 17, noting “changed circumstances that have effectively mooted this action,” according to a Thursday court filing.