Commissioner Edmund J. Gorman Jr. wrote in a 96-page opinion that Murdoch and Lachlan had acted in 'bad faith' by trying to change the trust, calling the attempt a 'carefully crafted charade' to 'permanently cement Lachlan Murdoch's executive roles' inside the family's companies.
The trust was created in 1999, naming James, Elisabeth, Prudence, and Lachlan as equal beneficiaries, emphasizing the importance of maintaining balance and equal power among Rupert Murdoch's children in the family business.
Lachlan shares Rupert's conservative views, while his siblings, particularly James, are known to have more left-leaning ideologies, which drives tension within the family regarding the future of their media empire.
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