Another lawsuit is accusing the company of not paying its bills.
The landlord of the 650 California Street office tower is the subject of the latest lawsuit. The CrossInstall mobile ad company was purchased by Twitter in May 2020. All of CrossInstall's employees joined the social networking site.
The entire 30th floor of the building was covered by the seven-year lease that was signed in September of last year. The rent and lease had automatic increases throughout the seven-year term.
According to the lawsuit, Columbia REIT served a notice of default to Twitter on December 16, 2022,stating the amount of Rent due in the estimated sum of $136,260.00 and notifying the tenant that it was in default of the lease if it failed to pay.
The lawsuit asks the court to award at least $136,260 in damages due to the failure to comply. The lawsuit was filed in the state of California. We contacted the company about the lawsuit and will update the article if we get a response.
Just 16 days after Imply Data filed a lawsuit against the social networking site, ColumbiaREIT filed a lawsuit against it as well. According to the lawsuit, Imply Data is owed over a million dollars for a software contract that doesn't expire until late 2024, as well as another $7 million in payments.
AdvertisementOn December 9, a private jet provider filed a lawsuit in the US District Court in New Hampshire, saying it refused to pay $197,725 for "private air charter passenger transportation services" provided to the chief marketing officer of the company. Berland was one of the executives who left after Musk completed his acquisition of the micro-messaging service.
The New York Times reported on November 22 that after Musk took over, some vendors were stiffed. According to the report, Musk refused to reimburse travel vendors for the travel invoices that the social media service planned to pay. The NYT report said that Musk "ordered to slow or in some cases halt transfers of funds to Twitter's vendors and contract services and refused to pay for the travel services incurred by the former executives."
The New York Times reported on December 13 that the social media company stopped paying rent. Three people close to the company said that the company has not paid rent for its San Francisco headquarters for weeks.
The original party in the lease was dissolved before Musk took over. The wind down of MoPub Acquire was completed in December of 2021. MoPub was sold to AppLovin in January 2022.
The sublease with Dentsu was signed a few weeks before Musk completed his acquisition of the social network. The sublease is one of the exhibits submitted by Columbia REIT.
CrossInstall was described as the successor in interest to the sublordland by the sublease. It shows that Dentsu's monthly payments to Twitter start at $91,980 a month and cover most but not all of what the company is accused of owing.
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