Redstone Accuses Dauman of Acting in ‘Self Interest’

Claims capacity to make decisions and denies undue influence by daughter
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Sumner Redstone filed papers in a Massachusetts court charging that long-time confidant Philippe Dauman, Viacom CEO, is motivated by “self interest” in opposing a move to remove him from the trust that controls Redstone’s assets.

Redstone also maintained that he has the mental capacity and authority to make business decisions, and is not being unduly influenced by his daughter Shari Redstone, and argued that the case should be held in California, where he has already been victorious in another legal action.

As part of a battle for control of Redstone’s media empire, which includes Viacom and CBS, Dauman and George Abrams, another Viacom director, sued on Monday to block Redstone’s decision to remove Dauman and Abrams as directors of Redstone’s holding company, National Amusements, and as trustees of the trust that will control Redstone’s assets after he dies.

In his filing late Friday, Redstone asked the court to deny Dauman’s motion for an expedited discovery and trial. A hearing is scheduled for Monday.

Redstone noted the geriatric psychiatrist Dr. James Spar examined him in May and concluded that Redstone is “clearly communicating” his business decisions, and they “…reflect his own authentic wishes and preferences.”

Read more at broadcastingcable.com.

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