By Andrew Elbaz, Tamara Markovic and Zachary Janes ( July 28, 2022, 12:22 PM EDT) -- Elon Musk recently announced that he is backing out of his US$44-billion deal to acquire Twitter, Inc., an agreement the company is seeking to enforce through the U.S. courts. Can a billionaire walk away from a high-profile agreement to acquire a public company? Can shareholders seek a remedy? In Canada, the terms of the agreement, the common law of contract and relevant securities legislation are among various factors that would determine the legal outcomes....