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Litigation & Arbitration

Nov. 21, 2025

X Corp. drops suit seeking return of Wachtell's $70M 'success fee'

The company's challenge to Wachtell Lipton's fee for enforcing Elon Musk's Twitter purchase ended abruptly Wednesday with a dismissal filed with prejudice.

More than two years after X Corp. demanded that Wachtell, Lipton, Rosen & Katz return a roughly $70 million "success fee" the law firm received from Twitter's former owners when Elon Musk acquired the company, X has quietly dismissed its complaint.

San Francisco County Superior Court Judge Rochelle C. East took the latest case management conference off calendar on Thursday after she approved X's motion dismissing the complaint. X Corp. v. Wachtell, Lipton...

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