Sumner Redstone Fight: Philippe Dauman Deposition Put Off for Now
The parties in the Manuela Herzer healthcare case are in settlement discussions.
Today was supposed to be Viacom CEO Philippe Dauman's much-anticipated deposition in the ongoing healthcare fight over 92-year-old controlling stockholder Sumner Redstone, but that's not happening quite yet.
The prospects of Dauman being put under oath to discuss Redstone's mental capacity will depend on settlement discussions that according to sources have been playing out for the better part of a week. The parties are officially mum on prospects of a deal that would end a petition made by Manuela Herzer, Redstone's longtime companion who is seeking to be reinstated as his healthcare agent.
The Herzer dispute has attracted attention thanks to allegations that media mogul Redstone is now a "living ghost," with implications for his companies Viacom and CBS. A separate lawsuit brought by shareholders was dismissed last month, but the judge overseeing the Herzer case is allowing it to move forward towards a May trial.
Dauman, appointed to replace Herzer as Redstone's healthcare agent, was scheduled to testify at 10 a.m. this morning, followed by a deposition for Shari Redstone on Wednesday. The parties are using this week to see if a deal might be completed before moving forward.
The Wall Street Journal first reported news that Dauman's deposition was put on hold.