Rupert Murdoch's Attempt to Alter Family Trust Control Rejected
TL;DR Summary
Rupert Murdoch's attempt to alter his family's trust to secure his son Lachlan's control over his media empire has been rejected by a Nevada probate commissioner. The decision, which Murdoch's other children opposed, was deemed a "carefully crafted charade." The case will now proceed to a district judge for further consideration. The trust, established during Murdoch's divorce from his second wife, is central to a family dispute over the future direction of the media empire, which includes Fox News and the Wall Street Journal.
- Commissioner rejects Rupert Murdoch’s effort to change family trust The Washington Post
- Rupert Murdoch Fails in Bid to Change Family Trust The New York Times
- Rupert Murdoch loses battle to control succession to his media empire The Guardian
- Rupert Murdoch Loses Bid to Give His Empire to Son Lachlan The Daily Beast
- Rupert Murdoch Loses Bid to Change Control of Family Trust The Wall Street Journal
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