this post was submitted on 20 Aug 2023
747 points (91.5% liked)
Technology
59587 readers
2584 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Best part was he tried to chicken out of his own deal but the feds obv wouldn't allow him back off on his very own proposal to buy Twitter in the first place!
Delaware Court.
Contract law is weird.
Not really. He entered into a binding contract and agreed to bypass due diligence.
That wasn't even offered by Twitter, he just agreed without any prompting.
Yes yes yes. But that binding contract was in Delaware. Because contract law is weird.
In practice, most business contracts are enforced by the state of Delaware, not the federal government nor any national-level court. Yes, its a state-level court.
Side fact. Delaware's has more registered companies then people