A Nevada commissioner ruled against Rupert Murdoch's bid to amend his family trust, stating the effort to secure complete control for Lachlan was made in bad faith.
The trust's current arrangement would divide control among Murdoch's four eldest children, contrary to Rupert Murdoch's intention to favor Lachlan in the media empire.
Murdoch's lawyer expressed disappointment over the ruling, indicating intentions to appeal, as the outcome challenges the future control of a significant media empire.
With political dynamics shifting, the Murdoch media empire remains pivotal, particularly as Trump prepares for a significant return to the White House.
Collection
[
|
...
]