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 ...
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 ...
Rupert Murdoch ... family trust that governs Fox Corp. and News Corp. was rebuked last week in probate court in Las Vegas, thwarting — at least for now — the media mogul’s efforts to change ...
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 ...
Some bad legal news for Rupert Murdoch and his son Lachlan as they try to revise the family trust in Lachlan's favor ... He sought to change course to retain its far-right character, especially ...
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 ...