{"id":374160,"date":"2023-09-29T23:09:00","date_gmt":"2023-09-29T23:09:00","guid":{"rendered":"https:\/\/haftavasool.com\/haftavasool\/blog\/2023\/09\/29\/elon-musks-x-corp-in-another-legal-fight-over-unpaid-rent\/"},"modified":"2023-09-29T23:09:00","modified_gmt":"2023-09-29T23:09:00","slug":"elon-musks-x-corp-in-another-legal-fight-over-unpaid-rent","status":"publish","type":"post","link":"https:\/\/haftavasool.com\/haftavasool\/blog\/2023\/09\/29\/elon-musks-x-corp-in-another-legal-fight-over-unpaid-rent\/","title":{"rendered":"Elon Musk&#8217;s X Corp In Another Legal Fight Over Unpaid Rent"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div itemprop=\"articleBody\" id=\"ins_storybody\"><!-- \n\n<div itemprop=\"articleBody\" class=\"sp-cn ins_storybody\" id=\"ins_storybody\">--><\/p>\n<div class=\"ins_instory_dv\">\n<div class=\"ins_instory_dv_cont\"><img decoding=\"async\" title=\"Elon Musk's X Corp In Another Legal Fight Over Unpaid Rent\" alt=\"Elon Musk's X Corp In Another Legal Fight Over Unpaid Rent\" id=\"story_image_main\" src=\"https:\/\/c.ndtvimg.com\/2023-06\/hhoa66ag_elon-musk-at-viva-technology-conference-paris_625x300_19_June_23.jpg\"\/><\/div>\n<p class=\"ins_instory_dv_caption sp_b\">Elon Musk&#8217;s X has faced an array of legal actions over unpaid rent.<\/p>\n<\/div>\n<p><b class=\"place_cont\">San Francisco: <\/b><\/p>\n<p>Elon Musk&#8217;s X Corp, facing its own legal claims over unpaid rent, has sued a financial services company to recoup more than $713,500 in allegedly past due rent and other fees stemming from a sublease agreement for San Francisco office space.<\/p>\n<p>X, formerly known as Twitter, sued Atlas Exploration in San Francisco Superior Court on Thursday in a complaint alleging breach of contract.<\/p>\n<p>Atlas, formerly Point Up Inc, markets itself as &#8220;an invite-only charge card&#8221; that gives members access to exclusive dining and travel.<\/p>\n<p>Atlas and X entered a sublease agreement for space at 650 California Street in San Francisco&#8217;s financial district in April 2021, the lawsuit said. The complaint said Atlas sought last year to terminate the sublease early.<\/p>\n<p>X said Atlas owes it more than $340,263 for September to November rent from last year. X also accused Atlas of failing to pay any of its early-termination fee.<\/p>\n<p>An attorney who has represented Atlas in the dispute, Kevin Hill, did not immediately respond to a request for comment on Friday.<\/p>\n<p>Hill said in a letter to X in April the company was unfairly demanding rent for certain months last year after Atlas had already made payments on its new office space.<\/p>\n<p>X has faced an array of legal actions over unpaid rent and other invoices following Musk&#8217;s $44 billion buyout last October.<\/p>\n<p>In one case, the owner of X&#8217;s main office at 1355 Market Street in San Francisco sued X for more than $3.1 million in unpaid rent. X is disputing the claims in court.<\/p>\n<p>Britain&#8217;s Crown Estate, which manages the property portfolio belonging to the monarchy, in January filed claims against X over alleged unpaid rent on its London headquarters.<\/p>\n<p>Separately, X faces myriad employee lawsuits challenging terminations, unpaid severance and other benefits.<\/p>\n<p>A lawyer for X, Jonathan Hawk, did not immediately respond to a message seeking comment. A representative from X had no immediate comment.<\/p>\n<p>The case is X Corp v Atlas Exploration Inc, San Francisco Superior Court, No. CGC-23-609391.<\/p>\n<p><i>(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.ndtv.com\/world-news\/elon-musks-x-corp-in-another-legal-fight-over-unpaid-rent-4437058\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Elon Musk&#8217;s X has faced an array of legal actions over unpaid rent. San Francisco: Elon Musk&#8217;s X Corp, facing its own legal claims over unpaid rent, has sued a financial services company to recoup more than $713,500 in allegedly past due rent and other fees stemming from a sublease agreement for San Francisco [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":374161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[443409,5809,438],"_links":{"self":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/374160"}],"collection":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/comments?post=374160"}],"version-history":[{"count":0,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/374160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media\/374161"}],"wp:attachment":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media?parent=374160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/categories?post=374160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/tags?post=374160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}