529
you are viewing a single comment's thread
view the rest of the comments
[-] Kazumara@discuss.tchncs.de 41 points 2 months ago

Wheelahan found that under Nevada law, merging Twitter into X turned Twitter into a "constituent entity," which then transferred all of Twitter's legal consequences to X Corp.

Isn't that how it works everywhere? What where they even arguing for?

[-] kalleboo@lemmy.world 23 points 2 months ago

Like, if that worked, wouldn't every company just sell itself to a new shell company once a year and drop every kind of legal liability?

[-] Bakkoda@sh.itjust.works 8 points 2 months ago

Pharmaceutical businesses enter the chat

[-] Red_October@lemmy.world 19 points 2 months ago

Elmo was really hoping he found a SovCit level loophole to just escape all consequences.

[-] AeonFelis@lemmy.world 7 points 2 months ago

Which is weird, because SovCits are a cargo cult who try to mimic the legal miracles top lawyers sometimes manage to pull off. Musk should be different - he does have access to these top lawyers who do have deep understanding of the law.

Unless Twittex' lawyers got the same treatment the engineers got?

this post was submitted on 06 Oct 2024
529 points (97.5% liked)

Technology

60142 readers
2243 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS