Thursday, March 13, 2014
As I have previously discussed, financier Ronald Perelman has been fighting legal battles for years over the estate of Hudson Media founder Robert Cohen, Mr. Perelman’s father-in-law. Now, Mr. Perelman’s daughter, Samantha Perelman, is claiming that James Cohen, son of Robert Cohen, used undue influence to convince his father to cut Ms. Perelman’s mother out of the will. Ms. Perelman is asking the court to enforce the 2004 will instead, which would leave her mother, and thus her, $700 million.
The trial is nearing its end, with James Cohen taking the stand on Monday. Both sides are attempting to paint negative portrayals of the other, and are disputing the mental and physical state that Robert Cohen was in toward the end of his life. Cohen claims that his father was mentally alert, that he was very close to his father, and that Perelman is spoiled and did not have a close relationship with her grandfather. Ms. Perelman is spinning Mr. Cohen’s closeness to his father, claiming that he used their close relationship to exert undue influence.
See Rachel Abrams, Suit Over Inheritance in the Perelman Family Nears Its End in Court, The New York Times, March 10, 2014.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.