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Rupert Murdoch Loses Legal Bid to Restructure Family Trust

A Nevada court ruled against Murdoch's attempt to consolidate control under his son Lachlan, intensifying family tensions over the media empire's future.

  • A Nevada probate commissioner found Rupert Murdoch and Lachlan Murdoch acted in 'bad faith' in their attempt to alter the Murdoch Family Trust's terms.
  • The proposed changes sought to secure Lachlan Murdoch's control over the trust, sidelining his siblings James, Elisabeth, and Prudence.
  • The legal battle was reportedly triggered by discussions following an episode of HBO's 'Succession,' which prompted concerns about posthumous chaos in the trust's management.
  • Rupert Murdoch and Lachlan plan to appeal the ruling, while the other siblings expressed hopes for reconciliation within the family.
  • The dispute underscores long-standing political and personal divisions within the Murdoch family, with Lachlan aligned with his father's conservative vision and his siblings favoring more liberal stances.
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