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Showing posts with the label unpaid

X Corp in another legal fight over unpaid rent, as plaintiff

Elon Musk'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. X, formerly known as Twitter, sued Atlas Exploration in San Francisco Superior Court on Thursday in a complaint alleging breach of contract. Atlas, formerly Point Up Inc, markets itself as "an invite-only charge card" that gives members access to exclusive dining and Travel . Atlas and X entered a sublease agreement for space at 650 California Street in San Francisco's financial district in April 2021, the lawsuit said. The complaint said Atlas sought last year to terminate the sublease early. 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. An attorney who has represented Atlas in the dispute, Kevin Hill, ...