Part 1/6:
Rupert Murdoch's Failed Bid to Change Family Trust
Rupert Murdoch's plans to consolidate control over his media empire through an amendment to his family trust have faced a significant legal setback. According to a report from The New York Times, a Nevada court found that Murdoch, along with his eldest son Lachlan, acted in bad faith in their attempts to alter the irrevocable trust that governs the distribution of his vast media holdings.