Elon Musk, Chancery Courts, Specific Performance, and the Pride of Delaware

Elon Musk agreed to buy Twitter. He doesn’t want to buy it anymore. Twitter wants to enforce the contract that requires him to buy the company, and so they’re arguing in the chancery court in Delaware about what will happen next.What is a chancery court? What is “specific performance”? Will a Delaware court actually force this company — an entity with employees, customers, and significant societal influence — into the hands of a buyer who doesn’t want to own and operate it?Listen to this episode where we discussed all those matters. For a transcript of this episode visit serioustrouble.show. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit www.serioustrouble.show/subscribe