Delaware Court Sets Viacom-Redstone Trial For Week Of October 31st
August 11, 2016 at 2:55 PM (PT)
The trial in DELAWARE Chancery Court to determine whether the move by SUMNER REDSTONE's NATIONAL AMUSEMENTS to remove five board members from VIACOM, including CEO PHILIPPE DAUMAN, has been set for the week of OCTOBER 31st, reports DEADLINE.
The case, in which VIACOM's potentially-ousted directors allege that SUMNER REDSTONE's daughter, Vice Chair SHARI REDSTONE, is controlling her father's actions and that he is not competent to manage the company, will move forward with most documents due by SEPTEMBER 2nd and depositions facing an OCTOBER 5th deadline. VIACOM has until FRIDAY (8/12) to renew a motion for a court order to have SUMNER REDSTONE's competency examined by an independent physician, with a reply by the REDSTONES due AUGUST 19th and VIACOM's reply to their brief due AUGUST 23rd.
DAUMAN's challenge to the ouster in MASSACHUSETTS Probate and Family Court is due to begin OCTOBER 3rd.