Rupert Murdoch DEFEATED
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.
Offsite Linkby Anonymous | reply 57 | December 14, 2024 12:45 AM
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What a cretinous slimebag. I LOVED reading the vanity fair article about his decades younger third wife (who he dumped his second wife for) who ended up cheating on him with Tony Blair and pushing him into a piano. He suffered permanent spinal damage.
by Anonymous | reply 2 | December 9, 2024 8:22 PM
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How can one change an irrevocable trust?
The term 'irrevocable trust' refers to any trust where the grantor cannot change or end the trust after its creation. Grantors may choose a trust with such limitations to limit estate taxes or to shield assets from creditors.
So how can one even attempt to change it?
by Anonymous | reply 3 | December 9, 2024 8:24 PM
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[quote] Technically, Gorman is not a judge. As the probate commissioner in Washoe County, he is effectively a “special master” assigned to weigh evidence in disputes, including in triallike hearings such as those he will hold with the Murdochs, and then write his legal opinion at the end, as a judge would.
[quote]His opinion is formally a recommendation that requires signoff from one of the judicial district’s three probate judges. The judge will have to weigh in more directly if either party challenges Gorman’s recommendation – which must be done within 14 days of his decision. The judge could at that point open the case to still more litigation.
[quote]Even after that, the losing side has the right to try to appeal up through the Nevada court system.
[quote]“Something like this could go on for years,” said Molly LeGoy, a probate lawyer in Reno. That is, she said, a common risk of such family trust battles, which, geopolitical implications or no, often surface sibling rivalry, betrayal and ancient emotional grievance.
by Anonymous | reply 4 | December 9, 2024 8:25 PM
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Don't worry Rupert, we got your back. Go ahead and keep appealing
by Anonymous | reply 5 | December 9, 2024 8:28 PM
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R3, Murdoch could not take back any of the property governed by the trust but he could make changes provided that they were beneficial to his heirs. In this case, he wanted to make a change that would benefit one son over his other children; that was the basis for the lawsuit.
by Anonymous | reply 6 | December 9, 2024 8:30 PM
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It'll be incredibly fun if Fox News starts attacking James and Elisabeth and they decide to return fire.
by Anonymous | reply 7 | December 9, 2024 8:33 PM
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Not a federal issue. SCOTUS has no jurisdiction.
by Anonymous | reply 8 | December 9, 2024 8:37 PM
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I wonder how many medications it takes to keep him walking around?
by Anonymous | reply 9 | December 10, 2024 2:19 AM
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Drop dead you and your orange friend.
by Anonymous | reply 10 | December 10, 2024 3:01 AM
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Rupert Murdoch Defecated - all over himself.
by Anonymous | reply 11 | December 10, 2024 3:07 AM
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Couldn’t the wife have found a WINDOW instead of just a piano, r2?
Where’s an open window when you need it?
by Anonymous | reply 12 | December 10, 2024 3:15 AM
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All that money and it never occurred to him to have that saggy bloodhound skin tightened? Why do billionaires often look awful with crooked yellow-gray teeth, etc.?
by Anonymous | reply 13 | December 10, 2024 4:30 AM
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He was trying to argue that the trust would make more money with Lachlan in charge and following in his right-wing footsteps. Nice. Lachlan skews even further to the right. He moved his family back to Australia because their kids were getting frozen out of LA school circles. Gotta keep Fux going.
Lachlan used to be semi-hot but he's looking more like vintage Rupes now with that smarmy expression.
Offsite Linkby Anonymous | reply 14 | December 10, 2024 10:07 AM
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Seduced and Abandoned Seduced and Abandoned MARCH 2014 Seduced and Abandoned VIEW ARTICLE PAGES Features SEDUCED AND ABANDONED The 14-year marriage of Rupert Murdoch and Wendi Deng ended abruptly last year, after the News Corp. chairman came to believe his third wife had been romantically involved with a former head of state and with a prominent Silicon Valley executive. Talking to friends of the couple’s, MARK SEAL reports on the shifting power dynamics in the Murdoch household as Deng’s ambitions changed, and tackles the question now being debated: Who blindsided whom?
MARCH 2014 MARK SEAL ANNIE LEIBOVITZ The passionate note surfaced amid the flotsam of a shipwrecked marriage. It was written in broken English by a woman to herself, pouring out her love for a man called Tony. “Oh, shit, oh, shit,” she wrote. “Whatever why I’m so so missing Tony. Because he is so so charming and his clothes are so good. He has such good body and he has really really good legs Butt.... And he is slim tall and good skin. Pierce blue eyes which I love. Love his eyes. Also I love his power on the stage... and what else and what else and what else...”
The woman was Wendi Deng Murdoch, the Chinese wife of the Australian media mogul Rupert Murdoch. The note, not revealed until now, could have been one of the few pieces of evidence in their surprise divorce last year, had the case come to trial. “Tony” was the former prime minister of Great Britain, Tony Blair.
Is she retarded? WTF writes shit like that?
Offsite Linkby Anonymous | reply 15 | December 10, 2024 10:10 AM
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Judge to Murdoch: "Srsly, Dude, you gotta stop watching Succession."
by Anonymous | reply 16 | December 10, 2024 12:19 PM
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He was judge shopping R17, he thought he’d find an Aileen Cannon in that court.
by Anonymous | reply 18 | December 10, 2024 1:32 PM
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Curious as to why? Does he favor this Lachlan character over his other kids? What's with rich men and these ugly Asian women? Plenty of stunning Asian women so why the fugs?
by Anonymous | reply 19 | December 10, 2024 1:50 PM
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Even if Rupert sees the light tomorrow, I wouldn't know how to fix News Corp to my (or James' liking). Above all, I'm sure the three liberal kids want to preserve their assets and not kill the goose that still lays golden eggs. So they wouldn't just close shop at Fox News. They may try to transform News Corp from right wing to center right and with it Fox News. But that will alienate their viewers and the talent without getting new viewers. And Newsmax is probably on standby to take on the leftovers. They would benefit big time from any shake up over at Fox News. How do you transform the network without the current viewers noticing or caring?
by Anonymous | reply 20 | December 10, 2024 1:58 PM
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Nevada like many small states (it used to be small) made their state law very beneficial for a particular legal process (in this case secretive trusts) to attract wealthy people from elsewhere.
by Anonymous | reply 21 | December 10, 2024 2:03 PM
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So what doss this mean:
1. The Murdoch siblings will almost certainly overrule Lachlan and sell News Corporation upon their father’s death.
2. Elon Musk will almost certainly buy it.
by Anonymous | reply 22 | December 10, 2024 2:05 PM
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R19, he believed that only Lachlan could continue his conservative legacy at Fox. Remember 'Chinatown'? The thing the rich ultimately want to own is the future.
by Anonymous | reply 23 | December 10, 2024 2:09 PM
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r22, I'm pretty sure that's exactly what James would not want to happen. He and maybe his sisters have a political agenda, too. It would not serve their agenda to just push the company aside so that someone else will continue the dirty work. It's going to be interesting. First we will see many years of lawsuits. They may settle by pushing Lachlan out. And then?
by Anonymous | reply 24 | December 10, 2024 2:19 PM
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If Fox News stopped shilling for the Republicans, someone else would step in and the audience would follow like lemmings.
by Anonymous | reply 25 | December 10, 2024 2:21 PM
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Fox News has a shelf life. Its audience is fixed and will not replenish. Cable television is dying. The liberal Murdochs can sell it and use the proceeds to promote causes they support more effectively.
by Anonymous | reply 26 | December 10, 2024 2:28 PM
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I would love to see Fox News torn apart by Rupert's kids and their competing agendas.
But if they do put it up for sale and Elon buys it, he'll destroy it in less than six months.
Either way, we all win.
by Anonymous | reply 27 | December 10, 2024 4:02 PM
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We've got your back, Rupert. Don't worry.
by Anonymous | reply 28 | December 10, 2024 4:39 PM
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Wendy is Putin’s bitch. That’s why Murdoch married her.
Gotta keep that dictatorial oligarchy going and expanding by any means necessary.
Remember when the feckless cunt Vanky met the Deng bitch in Croatia back in 2016?
I didn’t fucking forget.
by Anonymous | reply 29 | December 10, 2024 11:22 PM
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MAGA doesn’t need Fox anymore.
by Anonymous | reply 30 | December 11, 2024 1:19 AM
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Lachlan is a tortured gay. He was practically out before he narrated Sarah
by Anonymous | reply 33 | December 11, 2024 4:08 AM
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News to me-because of the father he stayed in the closet?
by Anonymous | reply 35 | December 11, 2024 4:14 AM
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93 years of is more than enough for an evildoer
by Anonymous | reply 36 | December 11, 2024 4:18 AM
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R18 is stoopid. It was filed in Reno because it’s a trust under Nevada law. In probate court, where the praising officer was a special master, not a judge.
Idiots in this site.
by Anonymous | reply 37 | December 11, 2024 5:24 AM
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I heard rumors about Lachlan too, years ago, back when he was a weightlifter and looked pretty hot and didn't seem interested in dating. But now he looks paunchy and straight.
by Anonymous | reply 38 | December 11, 2024 5:25 AM
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These old mother fuckers are resilient and hateful as fuck. Ive recently started working a customer facing job at work and the amount of old hateful pricks is so abundant!
by Anonymous | reply 39 | December 11, 2024 5:59 AM
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This, r31.
What passed between these two from Putin and to the traitor?
Offsite Linkby Anonymous | reply 40 | December 11, 2024 6:29 AM
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R33, there have long been gay rumours about both Lachlan and Sarah. She took over as the main Revlon face from Cindy, but wasn't as big a superstar.
by Anonymous | reply 41 | December 11, 2024 8:22 AM
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[quote]Curious as to why? Does he favor this Lachlan character over his other kids?
Lachlan kisses his ass the most, and hews to his right-wing sensibility. James is far more center-left, and never sucked up to Dad; ditto Elisabeth, who was always going indie and breaking away from her father's hold.
The eldest daughter, from his 1st marriage, has never been that interested in the business side or running things. The younger daughters are still teens or college-age.
[quote]What's with rich men and these ugly Asian women?
Wendy was never really thought of as ugly, when she was younger and got together with Murdoch. She also violently sucked up to him and told him everything he wanted to hear, thereby securing her bag for life.
I think his 2nd wife and Jerry Hall actually cared for him and tried to reason honestly with him, to only suffer rejection and abandonment for their efforts.
by Anonymous | reply 42 | December 11, 2024 7:47 PM
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Oh for God's sake JUST DIE!!!!
by Anonymous | reply 43 | December 11, 2024 7:55 PM
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[quote]James is far more center-left
He is nowhere near centre-left. You'd have to be a full-on Trumper who thinks Obama was a socialist to actually think that.
by Anonymous | reply 44 | December 11, 2024 8:47 PM
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Well then what is he r44? Please correct me. I know he is much further to the left, socially and politically, than Lachlan or his father. It's why he was passed over for Lachlan. He and his wife donated heavily to the Biden 2020 campaign and publicly supported Harris in 2024.
Perhaps it's better to say he's much more moderate than Lachlan or Rupert, and leave it at that.
by Anonymous | reply 45 | December 11, 2024 9:00 PM
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Centrist at very best. The fact he's on the board of Tesla should be instructive.
by Anonymous | reply 46 | December 11, 2024 9:41 PM
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[quote] He and his wife donated heavily to the Biden 2020 campaign and publicly supported Harris in 2024.
... and a big financial supporter of the (Chelsea) Clinton foundation.
by Anonymous | reply 47 | December 12, 2024 1:18 AM
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All centrists. Again, unless you're rabidly right wing there's no possible way to describe Clinton, Biden nor Harris as centre left.
by Anonymous | reply 48 | December 12, 2024 10:39 AM
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[quote] there's no possible way to describe ... You'd have to be a full-on Trumper who thinks Obama was a socialist
You're using bad rhetoric over facts.
by Anonymous | reply 49 | December 12, 2024 12:57 PM
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And what facts have been presented to show he's centre-left? Again, neither Biden, Harris nor Clinton were centre-left. Christ, Clinton came up with his whole Third Way bullshit to present and promote centrism.
by Anonymous | reply 50 | December 12, 2024 1:02 PM
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Question is: What could a new leadership do with Fox News? Journalistically they could turn it into the best news outlet ever, online and cable, at highest journalistic standards. Newsmax and OAN would welcome this change.
by Anonymous | reply 52 | December 12, 2024 1:13 PM
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r51 You don't seem to know what a lot of the words you use actually mean. But go on, present your "facts" that show James Murdoch is centre-left.
by Anonymous | reply 53 | December 12, 2024 1:14 PM
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r52 Notice how there was no family opposition to Fox News until Trump? They were perfectly happy when it was an establishment GOP mouthpiece, and they were still getting invited to all the good events. So that's what they want to go back to.
by Anonymous | reply 54 | December 12, 2024 1:16 PM
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He looks like an aging Shar Pei. I hope they have anti-bacterial cream for those folds.
by Anonymous | reply 55 | December 12, 2024 4:05 PM
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I think Rupert's point was that they'd have to keep Fox News a hard-right news organization because otherwise it would lose viewers to the total propaganda networks (OAN, Newsmax, etc.) and then all four kids would end up losing money.
I think the other three kids don't care about that. They have plenty of other media properties to keep the money coming in.
by Anonymous | reply 56 | December 12, 2024 4:11 PM
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R52, they could use some of the resources to do that, but would need to rebrand.
by Anonymous | reply 57 | December 14, 2024 12:45 AM
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