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A Nevada probate commissioner has ruled against Rupert Murdoch’s attempt to alter his inviolable family trust to give his oldest son Lachlan Murdoch control of his media empire, in an effort to ...
Gorman’s assessment may be a factor in any eventual appeals. Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death.
Rupert Murdoch cannot amend his family trust to put the power of his media companies in the hands of his chosen successor, a Nevada commissioner has ruled. The probate commissioner, who heard ...
Rupert Murdoch has lost a bid to change his family trust to consolidate control of his media empire in the hands of his son Lachlan, the New York Times reported on Monday, citing a sealed court ...
The probate commissioner, who heard several days of secret testimony by Murdoch family members earlier this year, issued a ruling over the weekend, and the 96-page opinion eviscerated Rupert ...
A MARTÍNEZ, HOST: Some bad legal news for Rupert Murdoch and his son Lachlan as they try to revise the family trust in Lachlan's favor. A court official in Reno, Nevada, has dealt a blow to their ...
Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death. Under the proposed change, Lachlan – who more closely ...
Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death. Under the proposed change, Lachlan – who more closely ...
At one point in his 96-page opinion, Mr. Gorman characterizes the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles ...
Rupert Murdoch had wanted to amend his irrevocable family trust, which gives his four eldest children equal voting shares upon his death. Under the proposed change, Lachlan – who more closely ...
Rupert Murdoch loses bid to change family trust Gilbert Carrasquillo/GC Images/Getty Images via CNN Newsource Rupert Murdoch in New York City on October 8.