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Twitter Sued For Not Paying San Francisco Office Rent : Reports – Stocks to Watch
  • Tue. May 7th, 2024

Twitter Sued For Not Paying San Francisco Office Rent : Reports

ByRTTNews

Jan 2, 2023
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(RTTNews) – Twitter, now owned by billionaire Elon Musk, has been sued as it failed to pay about $136,250 rent for its officespace in San Francisco, according to media reports.

The landlord, Columbia Reit – 650 California LLC, had notified the social media platform on December 16 that it would go into default on its lease for the Hartford Building’s 30th floor in five days if the rent was not paid, the reports said.

In the complaint filed last week in San Francisco’s state court, Columbia Reit claimed that the tenant failed to comply.

Twitter was also reportedly sued last month for refusing to pay for two charter flights.

The reports indicated that Twitter has not made a rent payment for its headquarters or any of its other global offices in weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Image and article originally from www.nasdaq.com. Read the original article here.