Sunday, July 31, 2016
A Massachusetts judge has agreed to continue to hear the lawsuit over Philippe Dauman’s removal from billionare Sumner Redstone’s trust. This comes as a victory for Dauman, who is fighting Redstone over claims that his daughter is manipulating her dad to gain control of his companies. The fight has led to unsettled and delayed deals along with litigation in several states.
See Bloomberg, Redstone Loses Home Court as Viacom Feud Stays in Massachusetts, Private Wealth, July 28, 2016.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.