British monarchy goes after Twitter alleging rent arrears • The Register

Extra landlords are piling on Elon Musk’s Twitter alleging unpaid hire – together with, funnily sufficient, the British monarchy.
In accordance with Excessive Courtroom lists seen by The Telegraph, the Crown Property, which administers the monarchy’s property portfolio, a number of the priciest digs in Britain, has filed a declare towards Twitter Inc and its UK subsidiary.
The dispute facilities on the lease of Twitter’s London headquarters in Air Road, Piccadilly Circus, the place all branding has been eliminated regardless of the corporate persevering with to take care of a presence on the web site, in response to constructing employees.

To provide you an thought of the prices concerned in renting such prime actual property, Twitter signed a lease for the third flooring in 2021 at £2.6 million ($3.2 million) a yr, but the Crown Property’s declare is known to handle alleged arrears for the primary flooring of the identical constructing.

The Crown Property instructed The Register it has issued court docket proceedings to Twitter for the rental arrears on its workplace house at 20 Air Road, London, following earlier contact in regards to the scenario and is at the moment in discussions with the corporate.
The King of the UK and the Commonwealth is way from the one entity accusing Twitter of stiffing them for hundreds of thousands. Over the pond, SRI 9 Market Sq. LLC has sued the corporate claiming unpaid hire for its San Francisco headquarters to the tune of $3.16 million plus damages.

As all of us bought again to work after the vacation interval, Columbia Property Belief claimed in a lawsuit that Twitter owes virtually $140,000 for the thirtieth flooring of one other SF workplace, 650 California Road, the place The Reg additionally has a holdout.
In Singapore, employees have been reportedly requested to depart Twitter’s APAC HQ and work at home as a result of non-payment of hire, although the constructing’s proprietor insists Twitter continues to be a tenant.

And it is not simply landlords elevating grievances. Yesterday The Register reported that consultancy Charles River Associates has sued the corporate over an alleged unpaid invoice topping $2 million.
Charles River Associates was employed by Twitter’s former administration to assist make Musk purchase the corporate for the preliminary $44 billion he supplied, a deal he tried to wriggle out of that was subsequently pressured by by court docket.
There’s additionally the non-public jet firm chasing an alleged $197,725 invoice for constitution flights made within the week of Musk’s October takeover.

Because the SpaceX and Tesla mogul took the reins at Twitter, he claimed that the social media platform was shedding $4 million a day. He took motion by shedding nice chunks of the 7,400 employed in October, and his “extraordinarily hardcore” administration type sparked an exodus amongst prime brass and coalface employees alike. There at the moment are little greater than 2,000 individuals on the books.
If any extra proof is required of how determined the scenario is, Twitter final week organized an public sale of 631 “surplus company belongings” together with a neon fowl emblem, 107 packing containers of N95 masks, a Yamaha digital mixing console, 68 eight-port Belkin energy strips nonetheless within the field, a Kegerator Beer Dispenser, 102 chairs, 97 tables, and 42 stools amongst different ephemera.
And but the web site continues to perform. Twitter has been requested to remark however we doubt anybody even has the press electronic mail login today. ®