Summer Redstone- example of competency challenge
Is Redstone Competent To Take Actions Or Not? At 92 years old, Sumner M. Redstone is currently a director, chairman emeritus, and controlling shareholder of 80% of the voting shares of Viacom and CBS. Redstone will remain in control until he either dies or is declared incompetent. During testimony in the lawsuit concerning his competency, Judge David J. Cowan stated that he was strongly considering Redstone’s motion to dismiss the case, which would leave Redstone in charge of his $42 billion media empire. Manuela Herzer, Redstone’s former lover, brought the suit in Los Angeles, California...
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