我给大家总结一下。就是老莫那个有名的family trust本来是6个子女平分经济利益。4个大的在老莫死后平分控制权。现在老莫和大儿子要改trust,不想给另外三个控制权,特别是二儿子,有各种计划,比如把控制权分一些给邓大姐的两个女儿。然后这场官司老莫和老大是打输了。不过看清款他们是不会善罢甘休。老莫真是有皇位要继承啊,天天操心他百年以后这个皇位右不右。 https://www.nytimes.com/2024/12/09/business/media/rupert-lachlan-murdoch-family-trust.html Rupert Murdoch Fails in Bid to Change Family Trust A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.
Dec. 9, 2024 A Nevada commissioner ruled resoundingly against Rupert Murdoch’s attempt to change his family’s trust to consolidate his eldest son Lachlan’s control of his media empire and lock in Fox News’s right-wing editorial slant, according to a sealed court document obtained by The New York Times. The commissioner, Edmund J. Gorman Jr., concluded in a decision filed on Saturday that the father and son, who is the head of Fox News and News Corp., had acted in “bad faith” in their effort to amend the irrevocable trust, which divides control of the company equally among Mr. Murdoch’s four oldest children — Lachlan, James, Elisabeth and Prudence — after his death. The ruling was at times scathing. At one point in his 96-page opinion, Mr. Gorman characterizes the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust. A lawyer for Mr. Murdoch, Adam Streisand, said Mr. Murdoch and Lachlan were disappointed with the ruling and intended to appeal. In a statement, James, Elisabeth and Prudence said: “We welcome Commissioner Gorman’s decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members.” Image Lachlan Murdoch in September. The decision was at times scathing, characterizing the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire. Credit... Emily Najera for The New York Times The battle over the family trust is not about money — Mr. Murdoch is not seeking to diminish any of his children’s financial stakes in the company — but rather about future control of the world’s most powerful conservative media empire, which includes Fox News, The Wall Street Journal, The New York Post and major newspapers and television outlets in Australia and Britain. Mr. Murdoch, now 93, has long intended to bequeath these sprawling media conglomerates to his children, much as his own father had passed on his vastly smaller media company to Mr. Murdoch and his sisters. But he is also determined to preserve the right-wing bent of his empire, and reconciling these two desires has become a growing challenge for him. Over his long career, Mr. Murdoch has made a point of fusing his family and his business affairs, with Lachlan, James and Elisabeth all at one point in consideration to succeed him. (His eldest daughter, Prudence, has been the least involved in the family business.) By 2019, though, it was clear that he wanted Lachlan to lead the company after his death. The problem was the structure of the family trust. James and Elisabeth are both known to have less-conservative political views than their father or brother. If Mr. Murdoch fails to lock in Lachlan’s leadership of the company, he will be unable to ensure that Fox News will remain a right-wing news outlet after his death, putting in jeopardy the legacy of the conservative empire he had spent his life building. In seeking to consolidate Lachlan’s control over this empire, Mr. Murdoch has argued that maintaining the political bent of his outlets — and stripping the voting power of three of his children — is in the financial interest of all his beneficiaries. Image News Corp. headquarters in New York City. The ruling leaves Mr. Murdoch unable to ensure that Fox News will remain a right-wing news outlet after his death, putting in jeopardy his legacy as a conservative media mogul.Credit... Hiroko Masuike/The New York Times The fight over the trust has further inflamed tensions inside the famously fractious family. Internal disputes have riven the Murdochs before — most notably, during the phone hacking scandal in Britain in 2010 and 2011, when Elisabeth tried to persuade her father to fire James, who was overseeing the company’s British operations at the time. But this particular battle, which began with a stealth legal maneuver to change an inviolable trust, is unparalleled in the family’s history. It has surfaced decades of shifting ideologies and allegiances, while making Mr. Murdoch’s preference for his eldest son unmistakably and painfully clear to his other children. They have been forced into a courtroom in Nevada to retain some semblance of control over a family business that has become inseparable from the family itself. The legal maneuvering came to a head during several days of sealed, in-person testimony in Reno in September by Mr. Murdoch, Lachlan, James, Elisabeth, Prudence and a number of their representatives on the trust. The proceedings revealed that Mr. Murdoch’s children had started secretly discussing the public-relations strategy for their father’s death in April 2023. Setting off these discussions was the episode of the HBO drama “Succession,” the commissioner wrote, “where the patriarch of the family dies, leaving his family and business in chaos.” The episode prompted Elisabeth’s representative to the trust, Mark Devereux, to write a “‘Succession’ memo” intended to help avoid a real-life repeat. The commissioner’s ruling, while significant, is not the final word in the case. The commissioner acts as a “special master” who weighs the testimony and evidence and submits a recommended resolution to the Probate Court. It falls to a district judge to ratify or reject that recommendation. Even then, the losing party is free to challenge the determination, which could precipitate an intensive new round of litigation. If Mr. Murdoch and Lachlan do not succeed in court, they could pursue other means to consolidate Lachlan’s power. One way would be for Lachlan to buy out his siblings’ stake in the company. After The Times reported on the legal battle over the family trust in July, the paper, joined by several other news outlets, filed a motion to unseal the proceedings, citing the significant public interest in its outcome. That case is ongoing. Mr. Murdoch established the Murdoch Family Trust in 2006, years after he had married his third wife, Wendi Deng, and they had two children of their own, Grace and Chloe. Under the trust, he retains control over the business until his death, at which point his voting shares will be distributed equally among his four oldest children. The initial trust arrangement was meant to be binding, the product of an agreement Mr. Murdoch negotiated with his second wife, Anna — the mother of Lachlan, Elisabeth and James — who was concerned that he would bequeath an equal share of control and equity to the young children he had with Ms. Deng. Those youngest children were ultimately given an equal financial stake in Mr. Murdoch’s multibillion-dollar empire, but no voting power. However, the language of the trust included a provision giving Mr. Murdoch the right to make changes to it as long as he was acting in the best interests of his beneficiaries. It was that provision that Mr. Murdoch and Lachlan sought to exploit. In recent years, they have grown increasingly concerned that James — who has left the company and is hardly on speaking terms with his father and brother — was planning to lead a coup with Elisabeth and Prudence to oust Lachlan after their father’s death and change the editorial slant of the company. During the proceedings, Mr. Murdoch and Lachlan’s lawyers pointed to a meeting that James, Elisabeth and Prudence held at Claridge’s Hotel in London in September 2023 as proof that they were scheming against Lachlan. But the commissioner ruled that accounts of the meeting were insufficient evidence of “plotting.” It was Lachlan who initiated the plan to change the trust in the middle of 2023, according to the ruling. His and his father’s lawyers and advisers ultimately drew up a blueprint to consolidate Lachlan’s leadership by amending the trust. They called it — “perhaps too optimistically,” the commissioner quipped — “Project Family Harmony.” It singled out James as the “troublesome beneficiary.” One of the options contemplated, according to the ruling, was to simply “sever” James’s “sub-trust” from the larger trust, limiting his power. But Mr. Murdoch and Lachlan ultimately decided that they could more effectively marginalize James by keeping his shares in the trust and thus under their control. Mr. Murdoch and Lachlan appointed new representatives to the family trust — including Bill Barr, the former attorney general — to give them the votes they needed to disenfranchise James, Elisabeth and Prudence. They also offered voting power to the children Mr. Murdoch had with Wendi Deng, according to the ruling. Image Mr. Murdoch and Lachlan appointed new representatives to the family trust — including Bill Barr, a former attorney general — to give them the votes they needed to disenfranchise James, Elisabeth and Prudence.Credit... Emily Najera for The New York Times Mr. Murdoch and Lachlan introduced their plan at a special meeting of the trust late last year. The ruling quotes a text message from Lachlan to Elisabeth on the morning of the meeting: “Today is about Dad’s wishes and confirming all of our support for him and for his wishes. It shouldn’t be difficult or controversial. Love you, Lachlan.” Mr. Gorman sided unequivocally with them, ruling that Mr. Murdoch and his eldest son had ulterior motives — specifically, to give Lachlan the power to protect his father’s posthumous legacy by keeping the family empire on its conservative course. The Nevada commissioner found that they had operated in bad faith, undertaking their plan in secret for months — and only notifying James, Elisabeth and Prudence days before a scheduled vote at a special emergency meeting of the trust’s representatives. He wrote that Mr. Murdoch and Lachlan’s representatives on the trust, including Mr. Barr, “demonstrated a dishonesty of purpose and motive” in abetting their plan. Mr. Gorman criticizes another one of their newly appointed representatives for his scant knowledge of the family and trust, writing that his research had been limited to “Google searches and watching YouTube videos about the Murdochs (or the fictional family in the show ‘Succession’),” as well as listening to a book by Michael Wolff about the family. Characterizing the effort to change the trust, Mr. Gorman concludes: “The effort was an attempt to stack the deck in Lachlan Murdoch’s favor after Rupert Murdoch’s passing so that his succession would be immutable. The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up.” He added: “The court, after considering the facts of this case in the light of the law, sees the cards for what they are and concludes this raw deal will not, over the signature of this probate commissioner, prevail.” Jonathan Mahler, a staff writer for The New York Times Magazine, has been writing for the magazine since 2001. More about Jonathan Mahler Jim Rutenberg is a writer at large for The Times and The New York Times Magazine and writes most often about media and politics. More about Jim Rutenberg See more on: Fox Entertainment Group, Inc., Wall Street Journal, Lachlan Murdoch, Rupert Murdoch
老默本来可以决定的,但当年为了跟邓文迪结婚,跟结婚30年的第二个老婆订了这个协议。财产都放进了一个irrevocable family trust,控制权只有大孩子们有。按说前妻的操作已经是滴水不漏了,老头当时都快70了,几乎不可能再生育。然后已有的四个子女里,三个是她亲生的,保证自己这一系总是多数。谁能想到邓用冻精生女不说,一母同胞的三姐弟还反目,最后弄不好真的便宜了邓的两个女儿。
https://www.nytimes.com/2024/12/09/business/media/rupert-lachlan-murdoch-family-trust.html
Rupert Murdoch Fails in Bid to Change Family Trust A Nevada commissioner ruled resoundingly against Mr. Murdoch, who was trying to give full control of his empire to his son Lachlan and lock in Fox News’s right-wing editorial slant.
Dec. 9, 2024 A Nevada commissioner ruled resoundingly against Rupert Murdoch’s attempt to change his family’s trust to consolidate his eldest son Lachlan’s control of his media empire and lock in Fox News’s right-wing editorial slant, according to a sealed court document obtained by The New York Times. The commissioner, Edmund J. Gorman Jr., concluded in a decision filed on Saturday that the father and son, who is the head of Fox News and News Corp., had acted in “bad faith” in their effort to amend the irrevocable trust, which divides control of the company equally among Mr. Murdoch’s four oldest children — Lachlan, James, Elisabeth and Prudence — after his death. The ruling was at times scathing. At one point in his 96-page opinion, Mr. Gorman characterizes the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust. A lawyer for Mr. Murdoch, Adam Streisand, said Mr. Murdoch and Lachlan were disappointed with the ruling and intended to appeal.
In a statement, James, Elisabeth and Prudence said: “We welcome Commissioner Gorman’s decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members.” Image
Lachlan Murdoch in September. The decision was at times scathing, characterizing the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire. Credit...
Emily Najera for The New York Times The battle over the family trust is not about money — Mr. Murdoch is not seeking to diminish any of his children’s financial stakes in the company — but rather about future control of the world’s most powerful conservative media empire, which includes Fox News, The Wall Street Journal, The New York Post and major newspapers and television outlets in Australia and Britain. Mr. Murdoch, now 93, has long intended to bequeath these sprawling media conglomerates to his children, much as his own father had passed on his vastly smaller media company to Mr. Murdoch and his sisters. But he is also determined to preserve the right-wing bent of his empire, and reconciling these two desires has become a growing challenge for him. Over his long career, Mr. Murdoch has made a point of fusing his family and his business affairs, with Lachlan, James and Elisabeth all at one point in consideration to succeed him. (His eldest daughter, Prudence, has been the least involved in the family business.) By 2019, though, it was clear that he wanted Lachlan to lead the company after his death. The problem was the structure of the family trust. James and Elisabeth are both known to have less-conservative political views than their father or brother. If Mr. Murdoch fails to lock in Lachlan’s leadership of the company, he will be unable to ensure that Fox News will remain a right-wing news outlet after his death, putting in jeopardy the legacy of the conservative empire he had spent his life building. In seeking to consolidate Lachlan’s control over this empire, Mr. Murdoch has argued that maintaining the political bent of his outlets — and stripping the voting power of three of his children — is in the financial interest of all his beneficiaries. Image
News Corp. headquarters in New York City. The ruling leaves Mr. Murdoch unable to ensure that Fox News will remain a right-wing news outlet after his death, putting in jeopardy his legacy as a conservative media mogul.Credit...
Hiroko Masuike/The New York Times The fight over the trust has further inflamed tensions inside the famously fractious family. Internal disputes have riven the Murdochs before — most notably, during the phone hacking scandal in Britain in 2010 and 2011, when Elisabeth tried to persuade her father to fire James, who was overseeing the company’s British operations at the time. But this particular battle, which began with a stealth legal maneuver to change an inviolable trust, is unparalleled in the family’s history. It has surfaced decades of shifting ideologies and allegiances, while making Mr. Murdoch’s preference for his eldest son unmistakably and painfully clear to his other children. They have been forced into a courtroom in Nevada to retain some semblance of control over a family business that has become inseparable from the family itself. The legal maneuvering came to a head during several days of sealed, in-person testimony in Reno in September by Mr. Murdoch, Lachlan, James, Elisabeth, Prudence and a number of their representatives on the trust. The proceedings revealed that Mr. Murdoch’s children had started secretly discussing the public-relations strategy for their father’s death in April 2023. Setting off these discussions was the episode of the HBO drama “Succession,” the commissioner wrote, “where the patriarch of the family dies, leaving his family and business in chaos.” The episode prompted Elisabeth’s representative to the trust, Mark Devereux, to write a “‘Succession’ memo” intended to help avoid a real-life repeat.
The commissioner’s ruling, while significant, is not the final word in the case. The commissioner acts as a “special master” who weighs the testimony and evidence and submits a recommended resolution to the Probate Court. It falls to a district judge to ratify or reject that recommendation. Even then, the losing party is free to challenge the determination, which could precipitate an intensive new round of litigation. If Mr. Murdoch and Lachlan do not succeed in court, they could pursue other means to consolidate Lachlan’s power. One way would be for Lachlan to buy out his siblings’ stake in the company. After The Times reported on the legal battle over the family trust in July, the paper, joined by several other news outlets, filed a motion to unseal the proceedings, citing the significant public interest in its outcome. That case is ongoing. Mr. Murdoch established the Murdoch Family Trust in 2006, years after he had married his third wife, Wendi Deng, and they had two children of their own, Grace and Chloe. Under the trust, he retains control over the business until his death, at which point his voting shares will be distributed equally among his four oldest children. The initial trust arrangement was meant to be binding, the product of an agreement Mr. Murdoch negotiated with his second wife, Anna — the mother of Lachlan, Elisabeth and James — who was concerned that he would bequeath an equal share of control and equity to the young children he had with Ms. Deng. Those youngest children were ultimately given an equal financial stake in Mr. Murdoch’s multibillion-dollar empire, but no voting power. However, the language of the trust included a provision giving Mr. Murdoch the right to make changes to it as long as he was acting in the best interests of his beneficiaries.
It was that provision that Mr. Murdoch and Lachlan sought to exploit. In recent years, they have grown increasingly concerned that James — who has left the company and is hardly on speaking terms with his father and brother — was planning to lead a coup with Elisabeth and Prudence to oust Lachlan after their father’s death and change the editorial slant of the company. During the proceedings, Mr. Murdoch and Lachlan’s lawyers pointed to a meeting that James, Elisabeth and Prudence held at Claridge’s Hotel in London in September 2023 as proof that they were scheming against Lachlan. But the commissioner ruled that accounts of the meeting were insufficient evidence of “plotting.” It was Lachlan who initiated the plan to change the trust in the middle of 2023, according to the ruling. His and his father’s lawyers and advisers ultimately drew up a blueprint to consolidate Lachlan’s leadership by amending the trust. They called it — “perhaps too optimistically,” the commissioner quipped — “Project Family Harmony.” It singled out James as the “troublesome beneficiary.” One of the options contemplated, according to the ruling, was to simply “sever” James’s “sub-trust” from the larger trust, limiting his power. But Mr. Murdoch and Lachlan ultimately decided that they could more effectively marginalize James by keeping his shares in the trust and thus under their control. Mr. Murdoch and Lachlan appointed new representatives to the family trust — including Bill Barr, the former attorney general — to give them the votes they needed to disenfranchise James, Elisabeth and Prudence. They also offered voting power to the children Mr. Murdoch had with Wendi Deng, according to the ruling. Image
Mr. Murdoch and Lachlan appointed new representatives to the family trust — including Bill Barr, a former attorney general — to give them the votes they needed to disenfranchise James, Elisabeth and Prudence.Credit...
Emily Najera for The New York Times Mr. Murdoch and Lachlan introduced their plan at a special meeting of the trust late last year. The ruling quotes a text message from Lachlan to Elisabeth on the morning of the meeting: “Today is about Dad’s wishes and confirming all of our support for him and for his wishes. It shouldn’t be difficult or controversial. Love you, Lachlan.”
Mr. Gorman sided unequivocally with them, ruling that Mr. Murdoch and his eldest son had ulterior motives — specifically, to give Lachlan the power to protect his father’s posthumous legacy by keeping the family empire on its conservative course. The Nevada commissioner found that they had operated in bad faith, undertaking their plan in secret for months — and only notifying James, Elisabeth and Prudence days before a scheduled vote at a special emergency meeting of the trust’s representatives. He wrote that Mr. Murdoch and Lachlan’s representatives on the trust, including Mr. Barr, “demonstrated a dishonesty of purpose and motive” in abetting their plan. Mr. Gorman criticizes another one of their newly appointed representatives for his scant knowledge of the family and trust, writing that his research had been limited to “Google searches and watching YouTube videos about the Murdochs (or the fictional family in the show ‘Succession’),” as well as listening to a book by Michael Wolff about the family. Characterizing the effort to change the trust, Mr. Gorman concludes: “The effort was an attempt to stack the deck in Lachlan Murdoch’s favor after Rupert Murdoch’s passing so that his succession would be immutable. The play might have worked; but an evidentiary hearing, like a showdown in a game of poker, is where gamesmanship collides with the facts and at its conclusion, all the bluffs are called and the cards lie face up.” He added: “The court, after considering the facts of this case in the light of the law, sees the cards for what they are and concludes this raw deal will not, over the signature of this probate commissioner, prevail.” Jonathan Mahler, a staff writer for The New York Times Magazine, has been writing for the magazine since 2001. More about Jonathan Mahler Jim Rutenberg is a writer at large for The Times and The New York Times Magazine and writes most often about media and politics. More about Jim Rutenberg See more on: Fox Entertainment Group, Inc., Wall Street Journal, Lachlan Murdoch, Rupert Murdoch
因为老莫和老大觉得二儿子不够右。给邓大姐的两个也是想稀释老二的控制权。
想到了那个著名的海盗分宝石的 博弈论难题
老默有6个孩子,财产是六个人平分,但公司的控制权只四个大的有。如果把控制权也分给两个小的,老大操作的余地就更大了。否则现在那三个里有两个铁杆反他,一投票就输
我的第一感觉也是如此。追剧时就不时想到会是这样
是这个意思
加了5-6 稀释老二 就不会稀释老大吗?
感觉邓大姐又赢了!
团结一切可以团结的力量
仔细看文章,irrevocable trust
irrevocable trust
老默本来可以决定的,但当年为了跟邓文迪结婚,跟结婚30年的第二个老婆订了这个协议。财产都放进了一个irrevocable family trust,控制权只有大孩子们有。按说前妻的操作已经是滴水不漏了,老头当时都快70了,几乎不可能再生育。然后已有的四个子女里,三个是她亲生的,保证自己这一系总是多数。谁能想到邓用冻精生女不说,一母同胞的三姐弟还反目,最后弄不好真的便宜了邓的两个女儿。
老大是第二个妻子生的长男,所以他是家里No.2或No.3.
No.1是第一任生的女儿,Lachlan的妈妈生了1女2男。