Twitter reportedly hires the firm that invented the \u2018poison pill\u2019 to sue Elon Musk - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/07\/11\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twitter reportedly hires the firm that invented the \u2018poison pill\u2019 to sue Elon Musk - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or \u201cpoison pill\u201d defense that Twitter initially used to put the brakes on Musk\u2019s attempted buyout. On Friday, Elon […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/scienceandnerds.com\/2022\/07\/11\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk\/\" \/>\n<meta property=\"og:site_name\" content=\"Science and Nerds\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-11T14:40:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-11T14:40:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/scienceandnerds.com\/wp-content\/uploads\/2022\/07\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk_62cc366e5732a.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/scienceandnerds.com\/2022\/07\/11\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk\/\",\"url\":\"https:\/\/scienceandnerds.com\/2022\/07\/11\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk\/\",\"name\":\"Twitter reportedly hires the firm that invented the \u2018poison pill\u2019 to sue Elon Musk - 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\n

Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page<\/a>, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or \u201cpoison pill\u201d defense that Twitter initially used<\/a> to put the brakes on Musk\u2019s attempted buyout.<\/p>\n
On Friday, Elon Musk filed a document to attempt to cancel his $44 billion takeover of Twitter. In response, Twitter chairman Bret Taylor tweeted the company would pursue legal action<\/a> to close the deal as agreed upon. Wachtell Lipton\u2019s hiring, as reported by Bloomberg<\/em><\/a>, <\/em>suggests Twitter is serious about arguing its case in the Delaware Court of Chancery.<\/p>\n
During an appearance at the Sun Valley Conference this weekend Musk declined to take questions, but he has responded on Twitter<\/a>.<\/p>\n
\n<\/aside>\nTwitter hired two key lawyers for its team. One is William Savitt, who has represented companies like Anthem<\/a> and Sotheby\u2019s<\/a> in the Delaware court against activist investors. The other is Leo Strine, a former Chancellor of the Delaware Chancery Court with 20 years of experience as a judge in the state\u2019s courts, ending with a stint as the Chief Justice of its state Supreme Court before he joined the firm in 2020.<\/p>\n
Musk is said to have hired Quinn Emanuel Urquhart & Sullivan, which also has received the Wikipedia treatment<\/a>, and may be more familiar to Verge <\/em>readers. It handled Samsung\u2019s defense against Apple\u2019s patent lawsuit<\/a> claiming the Galaxy devices were merely a copycat of the iPhone, and has defended Musk previously, in his \u201cpedo guy\u201d defamation case<\/a>, as well as the aftermath of his \u201cfunding secured\u201d tweet about taking Tesla private in cases against the SEC<\/a> and an ongoing shareholder lawsuit<\/a>.<\/p>\n
Update July 11th, 12:19AM ET:<\/strong><\/em> Added Elon Musk <\/em>tweet<\/em><\/a>.<\/em><\/p>\n<\/div>\n

<\/br><\/code><\/p>\n
Source: https:\/\/www.theverge.com\/2022\/7\/10\/23202931\/elon-musk-lawsuit-twitter-merger-delaware<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Source: Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or \u201cpoison pill\u201d defense that Twitter initially used to put the brakes on Musk\u2019s attempted buyout. On Friday, Elon […]<\/p>\n","protected":false},"author":1,"featured_media":9622,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[49,8],"tags":[50],"class_list":["post-9621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-technology","tag-business"],"yoast_head":"\nTwitter reportedly hires the firm that invented the \u2018poison pill\u2019 to sue Elon Musk - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/07\/11\/twitter-reportedly-hires-the-firm-that-invented-the-poison-pill-to-sue-elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twitter reportedly hires the firm that invented the \u2018poison pill\u2019 to sue Elon Musk - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: Twitter lawyered up. The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or \u201cpoison pill\u201d defense that Twitter initially used to put the brakes on Musk\u2019s attempted buyout. 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The company reportedly hired Wachtell, Lipton, Rosen & Katz, a firm notable enough to have its own Wikipedia page, and a founding partner, Martin Lipton, credited with inventing the shareholder rights plan or \u201cpoison pill\u201d defense that Twitter initially used to put the brakes on Musk\u2019s attempted buyout. 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