561–570 of 767 posts
I found this part most interesting. Public awareness of the Delaware Court of Chancery is about to skyrocket during this court battle. The fact that Musk is working in such bad faith here — that he seems so unconcerned with law and the contract he signed — cuts both ways. On the one hand, it will certainly annoy a Delaware chancellor; Delaware likes to think of itself as a stable place for corporate deals, with predi…
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Twitter's lawyers will pursue billions in remedies through every conceivable route, for decades if necessary.
> Twitter's lawyers will pursue billions in remedies through every conceivable route, for decades if necessary. No they won't. This is Twitter, not Oracle.
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He sold like 14 billion last year. Had a Twitter poll and everything.
Arguably the Twitter poll and attendant media circus with Bernie Sanders about taxation was also to provide pretext for a large sale without spooking retail investor confidence.
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I’m in a white and homogenous area of the us. Cash does indeed rule every thing around me. There’s not a problem that can’t be solved with cash. Kill a few kids drunk driving or shooting recklessly? Cash in the right pockets and the evidence will be inadmissible and the case goes kaput. Want some more privacy? Your neighbors might suddenly find the neighborhood inhospitable with cash in the right hands. Want your kid…
I'm not sure how much the first line really matters, as I grew up in a rather diverse top 25 city, but yeah, experience was about the same. In high school, everyone knew exactly who to call if you got a DUI. 10k was the going price to get a certain lawyer who gets the case in front of a certain judge and however that worked, the charge was dropped to a moving violation. Kinda sick how the system works.
Yep, it's kinda sick but also kinda true.
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He sold like 14 billion last year. Had a Twitter poll and everything.
Arguably the Twitter poll and attendant media circus with Bernie Sanders about taxation was also to provide pretext for a large sale without spooking retail investor confidence.
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This is a different problem and has to do with privacy. The government can't compel you to disclose everything you're doing without cause, and without due process. Having a court ordered judgement entered against you is cause and is a result of due process. It's an entirely different scenario.
We recently ditched privacy so I think we're getting closer to being able to have a wealth tax.
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> What if the court orders Musk to close the deal and he says no? I can't believe people are taking this very silly statement seriously. This is utter nonsense. There are remedies for people who disobey court orders. Having assets makes you more vulnerable to a court's authority because you have something to lose. If a court orders specific performance and he doesn't do it then he's liable and the court will take his…
I can't believe people are looking at this from such a silly angle. It's obvious that no court can order you to buy something. That goes against the personal freedom we have in this country, and if a court tried it, it would be an easy appeal. But that misses the point, because nobody is going to order Elon to buy Twitter. What MIGHT happen is, a court declares "Congratulations! You already bought Twitter! It has not…
A court can compel "specific performance" if the contract's terms require it.
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Jail for parking multiple times in disabled places or for buying a car every 6 months? Hard no from me. Both of those things are not the same as beating people.
Routinely breaking the law and then paying fine? Jail is a good way to put routine offenders away from the civil society