Murdoch family war: Court stops Lachlan's takeover!
Murdoch family war: Court stops Lachlan's takeover!
A bitter argument about the legacy: the Murdoch family in the legal dispute!
In a dramatic legal dispute that could come directly from a Hollywood script, a court in Nevada thwarted the plans of media magnate Rupert Murdoch! The 93-year-old wanted to restructure his family and transfer control over family assets to his eldest son Lachlan. But the judges had other plans!
The former chairman of Fox Corp and News Corp is now facing a bitter power struggle that affects not only his family, but also the future of his media empire. The Murdoch Family Trust, founded in 1999, comprises giants such as Fox News and News Corp and is to be divided among his four children after Murdoch's death. But the fronts are hardened!
The court decision: a slap in the face for Rupert and Lachlan!
The Nevada Probate Commissioner Edmund J. Gorman Jr. decided that Rupert and Lachlan Murdoch acted "in evil" when they tried to change the conditions of the trust. In a 96-page judgment, Gorman found that her plan to take control was a "carefully sophisticated farce" that ignored the rights of the other siblings.
"We are disappointed," said Adam Streisand, Rupert Murdoch's lawyer, opposite the New York Times. But the Murdochs don't give up! They plan to make an appeal against the judgment. The fight for the legacy is far from over!
The other three siblings - James, Elisabeth and Prudence - cheered on the court decision and expressed hope that the family could leave the disputes behind and strengthen relationships again. A ray of hope in the middle of the chaos!
What is behind the dispute?
The dispute over the inheritance was triggered by an episode of the HBO series "Succession", which many see as inspiration for the Murdoch family. After the reputation of the third episode of the last season, in which the family patriarch dies and leaves chaos, the siblings began to discuss their own future. A "successor" was quickly launched to prevent the fictional scenario from becoming reality!
Rupert Murdoch, known for his support from right politicians, sees Lachlan the ideal successor to continue his political views. Lachlan, already CEO from Fox Corporation, was named as the sole heir of News Corp by his father. But the other siblings feel ignored and fear that they will be excluded from family assets!
"The efforts were an attempt to stack the cards in his favor," said Gorman. A bitter poker by power and influence in which the cards have now been put on the table!
The Murdoch siblings are politically divided: James and Elisabeth are considered more liberal, while Lachlan wants to continue the company's right line. These differences have only tightened the conflict, and the pressure on Rupert Murdoch is growing!
The history of the Murdoch family is characterized by conflicts and scandals. As early as 2010 and 2011, a listening scandal made headlines that shook the family. At that time, James Murdoch, who worked as chairman of News International, had to compete against his father. Another example of how the power struggles within the family can influence the shops!
The future of the Murdoch Family Trust remains uncertain while the legal dispute continues. The world is excited to see how this drama will develop!
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Ort | Reno, Nevada, United States |