3:58pm PT by Ashley Cullins
Court Will Hear Arguments on Sharing Philippe Dauman's Viacom Settlement
Sumner Redstone's granddaughter wants an unredacted copy of ousted CEO Philippe Dauman's settlement with Viacom — and a Massachusetts judge is willing to hear her out.
Keryn Redstone on Monday asked the court to allow her "to scrutinize the entire Settlement Agreement ... in order to inform this Court about any issues affecting its fairness and negotiation, the role (if any) of Sumner in negotiating and approving the settlement." She questions why Dauman is giving up his fierce battle to keep Shari Redstone from seizing control of her father's media empire.
Keryn Redstone's attorney Pierce O'Donnell issued a statement Monday announcing Judge George Phelan's decision.
“Keryn Redstone seeks these documents so that she can review for herself whether the settlement adequately protects Sumner Redstone and the trust beneficiaries, or whether it is a back-room deal between Shari Redstone and others seeking to benefit from Redstone’s media empire," said O'Donnell. "It has always been Keryn’s top priority in this case to make sure that Sumner Redstone’s interests and wishes are protected, and the hearings on Friday are a part of this.”
The hearing is set for Friday morning, and Phelan also is expected to decide whether Sumner Redstone will undergo a mental evaluation to determine whether he is competent and if he is susceptible to undue influence.