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 ...
By Jim Rutenberg and Jonathan Mahler Rupert Murdoch’s attempt ... concluded that Mr. Murdoch’s bid to change the Murdoch Family Trust was “a carefully crafted charade” to lock Lachlan ...
A Nevada probate commissioner has rejected Rupert Murdoch’s attempt to amend the terms of his irrevocable family trust. Murdoch filed ... edge out Lachlan and change direction.
Q. Why was Rupert Murdoch attempting to change his family trust? A. Murdoch apparently argued that he was trying to preserve the value of his business by ensuring that his son Lachlan remained in ...
The source said these documents could include transcripts of depositions or trial testimony from media mogul Rupert Murdoch ... manipulate the family trust, rejecting their bid to amend the ...
Murdoch, 93 years old, had sought to amend a trust holding the family’s assets ... who stood to lose voting power, opposed the change. Rupert Murdoch can ask a probate judge to review the ...
A probate court has ruled against Rupert Murdoch ... on Saturday found that Murdoch acted in “bad faith” in attempting to change the terms of the irrevocable family trust — the instrument ...
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...
The conservative leanings of Rupert Murdoch's newspaper and television empire could be in jeopardy after a Nevada probate commissioner rejected his bid ... to change the family trust to exclude ...
“The proceedings revealed that Mr. Murdoch’s children ... ‘where the patriarch of the family dies, leaving his family and business in chaos.’ The episode prompted Elisabeth’s representative to the ...