A landlord, software company and transportation company have filed suits against Twitter to recoup overdue payments
Elon Musk may be facing more legal woes than he expects after a landlord for one of Twitter Inc.’s offices filed a lawsuit alleging failure to pay $136,260 of rent due on office space used by the social-media company.
“Not paying your debts is a short-term strategy often employed by companies in financial trouble,” said Syracuse University Law Professor Gregory Germain. Twitter no longer has a media department, one of many teams that have been let go since Musk acquired Twitter in October for $44 billion. He did not respond to a tweet seeking comment on the lawsuit.
“It is illegal not to pay your rent, in the sense that it is a breach of contract,” said Syracuse’s Germain. “Landlords have remedies if tenants do not pay their rent — They can evict them and they can sue them for damages for breach of contract. Vendors who have not been paid likewise have remedies to sue for damages, and may stop providing goods and services to Twitter if Twitter fails to pay its debts to the creditors when due.
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