Wednesday, December 11, 2024

Rupert Murdoch's Attempt to Change His Family's Trust

A probate commissioner has ruled against Rupert Murdoch's effort to change his family's trust to give one of his sons control of his media empire and ensure Fox News maintains its conservative editorial slant, according to a sealed document obtained by The New York Times.

More

Breaking News: Rupert Murdoch failed in his bid to alter a family trust to consolidate his empire under his son Lachlan and lock in Fox News's right-wing slant.

[image or embed]

-- The New York Times (@nytimes.com) December 9, 2024 at 3:21 PM

Comments

"Gorman in his conclusion said:

"The effort was an attempt to stack the deck in Lachlan Murdoch's favor after Rupert Murdoch's passing so that his succession would be immutable.

The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up."

He added:

"The court, after considering the facts of this case in the light of the law, sees the cards for what they are and concludes this raw deal will not, over the signature of this probate commissioner, prevail."

#1 | Posted by Corky at 2024-12-10 06:46 PM

I saw a headline to this effect scroll by this afternoon.

@#1 ... "The effort was an attempt to stack the deck in Lachlan Murdoch's favor after Rupert Murdoch's passing so that his succession would be immutable.

The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up."

He added:

"The court, after considering the facts of this case in the light of the law, sees the cards for what they are and concludes this raw deal will not, over the signature of this probate commissioner, prevail." ...

 

Oh, wow.

My guess is someone may be uite disappointed in that outcome.

#2 | Posted by LampLighter at 2024-12-10 08:27 PM

@#2

uite

- should be -

quite

oops. :)

#3 | Posted by LampLighter at 2024-12-10 09:35 PM

Imagine being so evil that you want to keep ruining the world after you die.

#4 | Posted by SpeakSoftly at 2024-12-11 01:05 PM

Drudge Retort Headlines

Musk Suddenly Realizes He Has No Clue How to Govern (31 comments)

Trump's Coming House Headaches (23 comments)

Lousiana Bars Health Dept. from Promoting Vaccines (14 comments)

Abbott Buys Billboards Threatening Migrants (13 comments)

German Christmas Market Attack (13 comments)

Musk Raises Alarms by Endorsing What's Known as 'German neo-Nazi party' (13 comments)

Clearance Thomas Received More Lavish Gifts from Harlan Crow (11 comments)

Matt Gaetz Report to Be Released on Monday (10 comments)

Newspaper: Absent Sitting Congress Woman Found in Dementia Care Facility (10 comments)

U.S. Sees Rise in Life Expectancy (10 comments)