Delaware Court Delays Sumner Redstone Deposition In Viacom Shareholder Suit Until January Hearing
October 6, 2016 at 4:01 PM (PT)
Attorneys for SUMNER REDSTONE TODAY (10/6) won a delay in evidence gathering, including REDSTONE's deposition, in the DELAWARE shareholder lawsuit against VIACOM's renomination of REDSTONE as a director and changes in the board's membership and bylaws. AP reports that Chancellor ANDRE BOUCHARD put the case on hold until a JANUARY hearing on a motion to dismiss the case, although he asked attorneys to discuss a protocol for a deposition if it is to take place and suggested that an independent medical examination might be more useful in determining REDSTONE's capacity.
The attorneys for REDSTONE, who, through his NATIONAL AMUSEMENTS, controls VIACOM and CBS CORPORATION, contended that health and speech impediments would cause additional stress to the 93-year-old media mogul but would not provide any useful evidence. The plaintiffs argued that a deposition is necessary to find out REDSTONE's capacity as director and owner, and that his health is unlikely to improve.