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What’s going on today?
Have a great weekend!
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When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and Fox Corp on Thursday, the announcement put to rest immediate questions about who will run a sprawling media empire that includes some of the most powerful brands in the world.
The executive transition, however, does not settle another potential power play that could occur, as framed by a document called the Murdoch Family Trust. Upon Rupert Murdoch’s death, News Corp and Fox Corp voting shares will be transferred from Murdoch to his four oldest children creating a scenario in which three of the children could out-vote a fourth, potentially setting up a battle over the future of the companies.
This tension would likely play out over the future of Fox News, one of the most polarizing properties in the Murdoch empire, and an influential force in U.S. politics, particularly among Republicans who prize Fox’s conservative-leaning audience. Read more about the Murdoch Family Trust.
More top news:
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U.S. Court of Appeals for the Federal Circuit/Handout via REUTERS
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Judge Pauline Newman’s suspension …
The council of Federal Circuit judges on Wednesday unanimously suspended Judge Pauline Newman from hearing new cases, saying that the 96-year-old jurist had failed to cooperate with an investigation into her mental fitness. Newman, who is the oldest active U.S. federal judge, told Reuters that her court’s handling of the investigation could help undermine trust in America’s courts … Last year, the average age of sitting federal judges was 68.5, according to the Federal Judicial Center, the judiciary’s research arm. A new study found that federal appeals court judges are more likely as they get older to write opinions with language that mirrors or outright copies the wording of the briefs submitted by the lawyers arguing cases before them.
U.S. government shutdown …
Former President Donald Trump urged fellow Republicans in Congress to shut down the government to thwart the federal prosecutions against him, although any funding lapse would be unlikely to stop the cases from being pursued … The looming shutdown that some hardline Republicans are cheering for could slow one of their other priorities: the recently launched impeachment inquiry of Democratic President Joe Biden … Many U.S. government services would also be disrupted and hundreds of thousands of federal workers would get furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job but without pay. Here are a few ways Congress might avoid a shutdown
Legal fees …
Leading litigator David Boies’ is billing at $2,110 an hour in a class action brought by victims of the late financier Jeffrey Epstein against Deutsche Bank … Lawyers at Bleichmar Fonti & Auld; Fields Kupka & Shukurov; McCarter & English; and Clark Hill want a judge to approve $229 million in fees, or $10,690 an hour, for their work on a case that forced Tesla directors to return hundreds of millions in compensation … The DOJ and the Navy said attorneys representing people hurt by contaminated water at Marine Corps Base Camp Lejeune cannot receive more than 25% of any client’s recovery as fees.
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If you wanted to get metaphysical, you could say that the defamation lawsuit in which former New York sex crimes prosecutor and best-selling novelist Linda Fairstein is challenging her portrayal in a 2019 Netflix drama about the Central Park Five case raises fundamental questions about the meaning of truth. Fairstein contends that truth is a matter of facts and asserts that Netflix and the creators of “When They See Us” defamed her by depicting her doing and saying things that never happened. The defendants spoke about “the essence of truth,” insisting that their good-faith perceptions of truth must come into consideration. Alison Frankel explains why a Manhattan federal judge sided with Fairstein.
Check out other recent pieces from all our columnists: Alison Frankel, Jenna Greene and Hassan Kanu
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Additional writing by Tanvi Shenoy.
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