Lawyer Monthly - November 2022

Monthly Round-Up NOVEMBER 2022 Alec Baldwin Settles With Family of ‘Rust’ Set Shooting Victim Actor Alec Baldwin has reached a settlement deal with the family of cinematographer Halyna Hitchens after she was killed on-set when he fired a prop gun. “The intention of the company is to close the transaction,” a Twitter representative wrote in response to the notice. The social media platform has been pressing Musk to complete the deal under the terms agreed upon in April. It has sued him in Delaware, where Tesla is incorporated, and where the court is reputed for its enforcement of merger agreements. The deal was officially completed on 27 October with Musk assuming majority ownership of Twitter. Musk’s U-turn on the deal follows months of legal drama as the Tesla CEO claimed to have been misled by Twitter executives on the number of spam accounts operating on the platform. In its lawsuit, Twitter, in its lawsuit, described Musk’s behaviour as “a model of bad faith”. “I have no interest in engaging in recriminations or attribution of blame,” he said. “All of us believe Halyna’s death was a terrible accident.” Filming of ‘Rust’ is set to continue in January, with “all the original principal players” to remain involved, according to Mr Hutchins, who will become the film’s executive producer. A lawsuit was filed against Baldwin, producers and others in the wake of the shooting on the set of ‘Rust’, alleging violations of industry standards. The terms of the settlement, which remains subject to court approval, have not been disclosed. The film’s producers were fined for the maximum $136,793 following the incident last October and criticised by the New Mexico Environment Department for showing “plain indifference to recognised hazards associated with use of firearms on set”. Ms Hutchins’ widower, Matthew Hutchins, said in a statement that all parties believe that the killing was accidental. The Tesla CEO has filed to complete his $44 billion acquisition of Twitter following months of legal disputes. Lawyers for Musk confirmed in a court filing on Tuesday 4 October that the billionaire would be going ahead with the deal after pushing for it to be scrapped. The notice filed in theDelaware Chancery court confirmed early reports that Musk had written to Twitter executives offering to close the deal at the initially agreed-upon price of $54.20 per share. The news lifted Twitter stocks by more than 12% on the day, reaching $47.93 before trading closed in New York. 6 LAWYERMONTHLYNOVEMBER 2022 $44 Billion Twitter Deal Back On After Elon Musk U-Turn

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