Connect with us

Hi, what are you looking for?

Jewish Business News

Court

Sumner Redstone’s Ex-Girlfriend Was Set to Inherit $50 Million and His House

Last week, Redstone’s daughter Shari, submitted a court filing stating that her father had given Herzer $70 million in cash and assets just since 2009.

L-R Manuela Herzer ,   Sumner Redstone and Sydney Holland

 

Sumner Redstone, in new court documents, stated he had planned to leave his former girlfriend, Manuela Herzer, $50 million and his Beverly Park mansion when he died —  but that four months ago he decided to cut her out of his will.

The disclosure came as Manuela Herzer, 51, fights to prove her claim that the 92-year-old mogul was not competent to drop her as his healthcare proxy last November.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

On Tuesday, Redstone’s legal team filed a new court document that takes direct aim at Herzer’s motives in the legal fight.

“This is a pre-death trust contest dressed up as healthcare litigation. Under the September 2015 plan, Ms. Herzer would have received $50 million and Mr. Redstone’s Beverly Park home, worth roughly $20 million.” The filing continues, “he instead directed that those assets pass to his charitable foundation” upon his death.

Last week, Shari Redstone submitted a court filing stating that her father had given Herzer $70 million in cash and assets just since 2009. The inheritance would have come on top of those previous gifts.

Herzer’s name also is on property records for Redstone’s apartment in the Carlyle Hotel in New York. The documents state that Redstone and Herzer co-own that apartment, although in a side agreement, Herzer acknowledged that the apartment belongs to Redstone as long as he is alive.

Herzer’s attorney Pierce O’Donnell late Tuesday reiterated to THR in a statement that “this case has never been about money” and said Herzer is only trying “to protect her beloved friend from the manipulation and abuse by his caregivers and Shari Redstone.”

He added: “WIth Manuela out of the way and by diverting her bequest to a charity, National Amusements Trust Inc. — and Shari who owns 20 percent–will save hundreds of millions of dollars in gift takes that it is obligated to pay on behalf of Sumner.”

 

READ MORE: Sumner Redstone

Sumner Redstone Honored On The Hollywood Walk Of Fame

The suit, first reported by The Hollywood Reporter, states that Viacom CEO Philippe Dauman, CBS CEO Leslie Moonves and other top executives “put their personal loyalty to Mr. Redstone… More…

Philippe-Dauman - Sumner Redstone

The legal battle over Sumner Redstone has taken two new directions — one expected, and one much less so. In a move promised last month, Attorneys for Sumner Redstone today filed a motion to dismiss More…

sumner-redstone-resigns-as-cbs-executive-chairman

CBS executive chairman Sumner Redstone is resigning and network President & CEO Les Moonves being named the new chairman. Shari  Redstone will continue with her duties as vice-chair, while the senior More…

 

L-R Manuela Herzer ,   Sumner Redstone and former girlfriend Sydney Holland

Chairman of Viacom and CBS, 92-year-old Sumner Redstone, is a “living ghost” and subject to uncontrollable crying fits, according to a lawsuit filed Wednesday by former girlfriend Manuela Herzer. He More…

L-R Manuela Herzer ,   Sumner Redstone and former girlfriend Sydney Holland

The mental competency of Sumner Redstone could be openly challenged as his longtime companion Manuela Herzer — who was ejected from Redstone’s life in October — might be set to square off against More…

Sumner Redstone with his daughter Shari   Shari+Redstone and Sumner

The 92-year-old Mr Redstone has overwhelming control of Viacom, with a voting stake of about 80 per cent. The company has said little on the subject of his health. Mr Redstone’s daughter, Shari Redstone,  More…

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.