• Kazumara@discuss.tchncs.de
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    26 days 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
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      26 days 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?

      • AeonFelis@lemmy.world
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        26 days 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?