Bill Savitt aka William Savitt is the co-chair of the Litigation Department of Wachtell, Lipton, Rosen & Katz. The trial for Twitter’s case against Tesla CEO Elon Musk will last five days in October 2022, according to a decision by a Delaware Chancery Court judge.
The social networking company has hired a prominent law firm to represent them in its forthcoming legal dispute with Elon Musk as it attempts to keep its competitive edge.
Because Bill Savitt, alias William Savitt, is known as one of the nation’s top business law litigators, Twitter will stick with him rather than look elsewhere. In Delaware, the small state where the bulk of American companies is headquartered, Savitt specializes in representing illustrious boards of directors in complex legal challenges.
Bill Savitt of Wachtell, Lipton, Rosen & Katz, Twitter’s legal counsel, stated during the hearing that Twitter’s proposal for a September trial was following the schedules for cases like this in the past.
He continued by saying that a prompt trial date is essential to stop the continuous injury that Twitter has endured as a result of the uncertainty around the deal’s completion and the claimed disparagement by Musk.
The CEO of Tesla and SpaceX, Elon Musk, has also been accused of trying to “run out the clock” by postponing the trial to give himself less time to file an appeal before the debt commitments he made to finance the acquisition mature, according to Savitt.
Who is Bill Savitt aka William Savitt?
$5 Million to $10 Million USD
At Wachtell, Lipton, Rosen & Katz, William Savitt serves as the department’s co-chair for litigation. His practice specializes in representing corporations and directors in lawsuits involving mergers and acquisitions, proxy fights, corporate governance issues, class actions involving allegations of fiduciary duty breach, and regulatory enforcement proceedings connected to corporate transactions.
In the Delaware Court of Chancery and other courts across the nation, Mr. Savitt has taken the lead in high-stakes litigation involving corporate governance and mergers and acquisitions.
Mr. Savitt earned an M.Phil. in European legal history from Columbia University after graduating with honors from Brown University. In 1997, he received his law degree from Columbia Law School, where he served as the Columbia Law Review’s top editor.
After finishing law school, Mr. Savitt worked as a law clerk for the Honorable Ruth Bader Ginsburg of the United States Supreme Court for the October 1998 term as well as the Honorable Pierre N. Leval of the United States Court of Appeals for the Second Circuit.
Mr. Savitt has received numerous honors for his legal work, including designations as a top securities litigator by Chambers USA: America’s Leading Lawyers for Business, one of the top 500 attorneys in the country by Lawdragon, a “litigation star” by Benchmark Litigation, and a leading authority in the International Who’s Who of Corporate Governance.
In addition to being a former executive director of the Interfaith Hunger Appeal, a global hunger relief organization with a New York headquarters, he is a member of the American Law Institute, the Board of Directors of the New York Legal Aid Society, and the Board of Trustees of the Columbia Law Review, Inc.
How old is Bill Savitt aka William Savitt?
Bill Savitt aka William Savitt is in his 40s/50s.
Who is Bill Savitt aka William Savitt’s Wife?
Currently, there is not much information about Bill Savitt’s wife and kids.
How Rich is Bill Savitt aka William Savitt?
The estimated Net Worth of Bill Savitt is between $5 Million to $10 Million USD.
(Image Source: AFR, Youtube, FT)