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Mental Capacity: A Double-Edged Sword (Cont.)

February 21st, 2017

In early June, we published an article outlining the legal case of Mr. Redstone, age 93, who owns about 80 percent of CBS and Viacom—reportedly a $40 billion media empire.  In that article, we described how mental capacity claims can be a double-edged sword, with contradicting claims being made by his business partner, Mr. Dauman,…

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We often warn clients that mental capacity is a double-edged sword

February 21st, 2017

Edge #1 The current litigation involving billionaire media magnate Sumner Redstone illustrates the point.  Mr. Redstone, age 93, owns about 80 percent of CBS and Viacom—reportedly a $40 billion media empire.  In November 2015, Mr. Redstone’s former “companion,” Manuela Herzer, challenged Mr. Redstone’s mental capacity in Los Angeles Superior Court.  Ms. Herzer alleged that Mr….

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