Coinbry

  • Market Cap: $2,478,692,247,185.60
  • 24h Vol: $143,207,101,512.24
  • BTC Dominance: 51.78%
Elon Musk's Legal Team Dismisses Motion to Remove Tesla from Dogecoin Case as a 'Frivolous Distraction'

Elon Musk’s Legal Team Dismisses Motion to Remove Tesla from Dogecoin Case as a ‘Frivolous Distraction’

In response to an attempt to have them sanctioned over alleged conflicts of interest and misconduct, lawyers representing Elon Musk and Tesla have filed a strongly worded legal document asking a US district court judge to dismiss the motion. The motion was filed by Evan Spencer, a lawyer representing the plaintiffs in a $258 billion lawsuit against Musk, accusing him of participating in an illegal racketeering scheme involving Dogecoin. Spencer argued that it was a conflict of interest for the defense team to represent both Musk and Tesla. However, Musk and Tesla’s legal team vehemently denied the allegations, referring to the motion as “unsubstantiated” and “frivolous” multiple times in their response. They argued that there is no conflict of interest under New York law and that legal teams can represent both the officers and companies they represent, except in cases where the two entities are legal adversaries. The filing also addressed allegations made by Spencer that Tesla’s legal team leaked a letter disparaging his frivolity with Rule 11, which Musk and Tesla’s lawyers deny. Instead, they claim that Spencer introduced the letter to the jury pool by publicly docketing and introducing it through his motion.

Summary:

– Lawyers representing Elon Musk and Tesla have asked a US district court judge to dismiss a motion to have them sanctioned over alleged conflicts of interest and misconduct.

– The motion was filed by Evan Spencer, a lawyer representing the plaintiffs in a $258 billion lawsuit against Musk, accusing him of participating in an illegal racketeering scheme involving Dogecoin.

– Musk and Tesla’s legal team strongly denied the allegations, referring to the motion as “unsubstantiated” and “frivolous” in their response.

– They argued that there is no conflict of interest under New York law and that legal teams can represent both the officers and companies they represent, except in cases where the two entities are legal adversaries.

– The filing also addressed allegations that Tesla’s legal team leaked a letter disparaging Spencer, which Musk and Tesla’s lawyers deny, claiming that Spencer introduced the letter to the jury pool himself.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.