Sumner Redstone Trust Restricts Sale Options for CBS, Viacom

Sumner Redstone doesn’t want his heirs to have an easy time selling off his family’s controlling stakes in media companies Viacom and CBS. And he put it in writing in his estate-planning documents.
WSJ.com: US Business

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CBS Adds Sumner Redstone Lawyer to Board of Directors

CBS Corp. has added Sumner Redstone attorney Robert Klieger to its board of directors. Klieger, a partner in the law firm of Hueston Hennigan, was elected to the board during a regularly scheduled CBS Corp. board meeting on Thursday, CBS disclosed in a Securities and Exchange Commission filing on Friday. Klieger has represented CBS Corp…. Read more »

Variety

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Leslie Moonves Must Turn Over Records in Sumner Redstone Fight With Ex-Girlfriends

A judge on Wednesday allowed attorneys for Sumner Redstone’s ex-girlfriend to seek documents from CBS CEO Leslie Moonves. Redstone, the ailing Viacom mogul, filed suit last fall alleging that his former companions, Manuela Herzer and Sydney Holland, had swindled him out of $ 150 million. Redstone’s lawyers allege that the two women were able to take… Read more »

Variety

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