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LeopoldBloom It's a possibility, true. And I know nothing about chancery court, but this is what I read:
Given that Musk seems to have violated his contract, the crucial questions are now what the Delaware Court of Chancery will do about it, and how Twitter’s legal team will anticipate those actions. The court may order Musk to buy Twitter at the agreed-upon price — via a “specific performance” clause in the contract that forces it — but that’s an unusual step the court isn’t fond of taking.
“Specific performance, under Delaware law, is an extraordinary remedy,” said Robert Penza, a Delaware lawyer with decades of experience before the Chancery Court. “They would only do it if they’re convinced there’s not an adequate remedy at law, such as monetary damages.”
I expect Twitter will try to hold Musk's feet to the fire for a bit and then settle for a $ several billion payout. And Musk will try hard to aim for the $1 billion minimum.
