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Musk successfully sues Wachtell, Lipton, Rosen & Kat to remove that success fee
| Charismatic filthpig | 01/02/26 |
| Charismatic filthpig | 01/02/26 |
| Mint Round Eye | 01/02/26 |
| Harsh at-the-ready orchestra pit | 01/02/26 |
| Mint Round Eye | 01/02/26 |
| Charismatic filthpig | 01/02/26 |
| Mint Round Eye | 01/02/26 |
| Charismatic filthpig | 01/03/26 |
| Unhinged misunderstood location | 01/02/26 |
Poast new message in this thread
Date: January 2nd, 2026 1:49 PM Author: Charismatic filthpig During Elon Musk’s buy-out of Twitter (closed Oct 2022) Twitter agreed to pay Wachtell Lipton Rosen & Katz ~$90 million in legal fees (including a large “success” portion) for litigation that enforced Musk’s obligation to complete the deal.
📉 Musk’s company (X Corp.) tried to claw it back
In 2023, after the acquisition, X Corp. (Musk’s entity) sued Wachtell saying the success fee was improper, unjust, and violated fiduciary/ethical duties because the engagement originally didn’t provide for a success fee.
Wachtell pushed to send the case to private arbitration.
🚨 Latest development (Nov 2025)
X Corp. has dropped its lawsuit against Wachtell with prejudice, meaning it’s terminated permanently and can’t be refiled.
The dismissal was voluntary and no settlement was announced. Wachtell is claiming satisfaction with the outcome. |
Date: January 2nd, 2026 1:49 PM Author: Charismatic filthpig this is why some of their mums deserved to die in the holly (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49556578) |
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Date: January 2nd, 2026 2:42 PM Author: Mint Round Eye that doesnt mean musk won faggot, cld just mean its goin to arbitration (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49556713) |
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Date: January 2nd, 2026 2:44 PM Author: Harsh at-the-ready orchestra pit think you got reverse willied Tommy (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49556719) |
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Date: January 2nd, 2026 4:35 PM Author: Mint Round Eye many times when i wld file lolsuit then they compel arbitration and if u just consent then there's a voluntary dismissal with no prejudice and case goes to arb and no one even has any public record of it unless there's a judgment and then its recorded in court.. I LAW SAAR (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49557044) |
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Date: January 2nd, 2026 6:49 PM Author: Charismatic filthpig oh thanks i didnt know what this part actually meant "X Corp. has dropped its lawsuit against Wachtell with prejudice, meaning it’s terminated permanently and can’t be refiled." (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49557254) |
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Date: January 2nd, 2026 11:07 PM Author: Mint Round Eye wtf wld they file with prejudice unless there's been a settlement or there's an arbitration judgment? its moar likely it was a settlement either pre-arbitration or after arbitration judgment
they dont want the other party filing the judgment in court, then it becomes public |
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Date: January 3rd, 2026 10:53 AM Author: Charismatic filthpig that sounds like jews on steroids (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49558548) |
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Date: January 2nd, 2026 11:10 PM Author: Unhinged misunderstood location (http://www.autoadmit.com/thread.php?thread_id=5816393&forum_id=2Reputation#49557848) |