this post was submitted on 10 Dec 2024
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Summary

A U.S. court blocked Rupert Murdoch’s attempt to amend his family trust to give control of his media empire to his son Lachlan, deeming it a "carefully crafted charade" favoring Lachlan over his siblings.

The trust is currently set to equally divide control among Murdoch’s four eldest children after his death.

The ruling highlighted bad faith efforts by Rupert and Lachlan and was welcomed by the other siblings.

Murdoch and Lachlan plan to appeal the decision, which has sparked internal family tensions likened to the TV drama Succession.

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[–] interurbain1er 2 points 2 weeks ago

Lachlan is a masculine name of Irish origin, meaning “from the land of lakes” or “from the fjord land.” It is an Anglicized version of the Gaelic and Scottish Lachlann, which means “warrior from the land of the lochs” with loch meaning “lake” or “fjord” and lann translating to “land.”

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