Twitter Inc. was accused of not paying its lease in a lawsuit filed by the owner for certainly one of its workplaces in San Francisco.
The owner, Columbia Reit-650 California LLC, alleges that the social-media firm has did not pay $136,260 of lease due on the workplace house at 650 California St., in line with the lawsuit filed Thursday.
Twitter didn’t reply instantly to a request for remark. The workplace is separate from the corporate’s headquarters, which is on Market Avenue.
The owner mentioned within the lawsuit that it had knowledgeable Twitter in mid-December that the corporate could be in default on its lease obligations for house on the constructing’s thirtieth ground if it didn’t pay the sum inside 5 enterprise days.
The swimsuit, which alleges breach of contract, was filed in California Superior Courtroom in San Francisco. Bloomberg beforehand reported on the lawsuit.
Different firms even have sued Twitter in current weeks in an effort to recoup what they are saying are overdue funds, together with a software program supplier and a transportation firm.
Elon Musk
has been working to chop prices at Twitter since he acquired the corporate in October in a deal valued at $44 billion. Twitter hasn’t booked an annual revenue since 2019.
Write to James R. Hagerty at bob.hagerty@wsj.com
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