Twitter Landlord Takes Company to Court For Allegedly Defaulting on Rent Payment

Twitter Landlord Takes Company to Court For Allegedly Defaulting on Rent Payment


  • A landlord in one of the offices occupied by Twitter has taken the company to court for rent default
  • The landlord who filed the case on December 6, 2022, gave the company five working days or face eviction
  • Reports say the lawsuit does not affect the company’s headquarters but one of the offices in San Francisco

Twitter has been taken to court for failing to pay its rent and a breach of contract in one of its offices in San Francisco, the United States of America.

The lawsuit concerns Twitter’s office space at 650 California Street and not its headquarters on Market Street, according to reporting by CNN.

Twitter, Elon Musk, Landlord
Elon Musk and Twitter headquarters
Credit: Anadolu Agency / Contributor
Source: Getty Images

Elon Musk stops paying rent on all Twitter offices globally

The development comes after it was reported in December that Elon Musk had stopped paying rent on Twitter’s offices globally, including for its headquarters and has told employees not to pay company vendors, a move meant to cut costs.

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The billionaire acquired Twitter for $44 billion in October and inherited a significant amount of debt financing.

A copy of the complaint filed last week in California Superior Court in San Francisco, the microblogging site missed a rent payment of $136.260, about N60,635,700 for its 650 California Street Office.

The amount triggered a notice from the landlord on December 16, 2022, giving the company five working days to make the payment or risk falling into default.

Landlord makes hard requests

The complaint asks the court to compel Twitter to pay the rent including interest as well as the landlord’s lawyers’ fees.

There was no response from Twitter or representatives of the landlord.

According to CNN, real estate lawyers said the complaint could trigger others if Elon Musk stops rent payments on some Twitter offices.

Read also

Jack Ma to cede control of China’s Ant Group

In last week’s complaint, Columbia could have asked the court to evict Twitter, Bornstein said, but it chose not to, suggesting the landlord still values Twitter as a tenant.

Elon Musk Sues Student Tracking His Private Jet After Twitter Suspended Account

Legit.ng reported that the former world’s richest man, Elon Musk, is taking legal steps against the student who tracked his private jet.

The Twitter CEO says he is pursuing legal action against Jack Sweeney, whose Twitter account, @elonjet, was suspended on Wednesday, December 14, 2022.

Musk tweeted on Thursday, December 15, that he is also suing organisations that supported harm against his family.

Source: Legit.ng




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