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 ...
Trust divides control equally among Rupert Murdoch’s four oldest children Three of the heirs could technically out-vote a fourth Lachlan's siblings express hope family will focus on mending ...
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 ...
Media magnate Rupert Murdoch lost a legal battle recently when a Nevada probate ... Why was Rupert Murdoch attempting to change his family trust? A. Murdoch apparently argued that he was trying to ...
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 ...
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 ...
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 ...
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 ...
Rupert Murdoch lost his bid to change his family trust and hand sole control of his media empire to his eldest son. Edmund Gorman Jr., the Reno, Nevada, probate commissioner hearing the case ...