Twit Lawyers Pushing Musk Suit A Kick?

Are Musk & Twitter likely to make their lawyers richer after convinced by them to duke it out over possible fake accounts & post-sale shenanigans, but will then be told to “settle” the suit by same enriched advisors?

Fee fi fo fum, do we smell white shoes law firms behind Saturday’s news that the Tesla’s wanna-be Twitter owner was pulling out of his $44 billion acquisition of the social media giant, which responded by saying it would sue to consummate the deal? As OutKick founder Clay Travis predicted on Jesse Watters Primetime, Musk’s likely end game by stalling his big buy is to drive down the price “somewhere less than $44B.” Travis concedes Twitter will argue that Mr. Musk “knew what he was getting into” and “failed to do [basic] due diligence” about his supposed concerns over the massive number of “fake” user accounts he suspects. But, he adds, Musk can score legal aka contractual points by countering the deal was always at least impliedly continent upon the company proving the credibility of its claim that only 5% of its accounts were questionable, which they apparently have had trouble doing; then again, Twitter may have made a tactical mistake by also “materially” altering the deal by laying off a number of employees.

All of this legalistic masturbation, of course, makes the instigating lawyers bubble over in a self-induced happy ending as they see their advice trigger more & more & more billable hours at a $1K per hour crack. What’s that common refrain that about 98% of these “disputes” get settled out of court before trial? Ergo the old saw once advocated by Abe Lincoln, the only “winners” in a lawsuit are the lawyers?

Davd Soul