Redstone's Competence Is Questioned In Lawsuit
November 27 2015 - 3:02AM
Dow Jones News
(FROM THE WALL STREET JOURNAL 11/27/15)
By Keach Hagey
Sumner Redstone, the 92-year-old controlling shareholder of
Viacom Inc. and CBS Corp., lacks the capacity to make decisions
about his health care and can't follow even brief conversations or
sign his name unassisted, his former girlfriend said in court
documents filed Wednesday.
Manuela Herzer, who once dated Mr. Redstone and has in recent
years lived in his Beverly Park mansion and helped oversee his
medical care, was thrown out of the mansion last month. She was
replaced as his health-care agent by Viacom Chief Executive
Philippe Dauman, meaning Mr. Dauman will have the authority to make
health decisions for Mr. Redstone in the event he is incapacitated.
In a petition filed in Los Angeles Superior Court, Ms. Herzer
alleged Mr. Redstone wasn't of sound mind when this decision was
made.
"I am convinced that if Sumner indeed signed anything himself
that day, he lacked the mental capacity to understand what he was
signing, much less the legal and practical significance of the
documents he signed," Ms. Herzer said in the petition.
She asked the court to determine that Mr. Redstone lacked the
mental capacity to remove her from her role in his health care in
mid-October, and to find that he currently lacks the ability to
make his own medical decisions, essentially triggering her role as
the active agent of his care.
Mr. Redstone's attorneys responded forcefully to Ms. Herzer's
petition on Wednesday with their own court documents, saying Ms.
Herzer's application was all about her "personal financial agenda"
and fears that she will be cut out of Mr. Redstone's will.
"Ms. Herzer's claim that she filed this lawsuit out of concern
for Mr. Redstone is preposterous.It is a meritless action, riddled
with lies, and a despicable invasion of his privacy," said
Gabrielle Vidal, an attorney at Loeb & Loeb, in a
statement.
Ms. Herzer painted a picture of an elderly media mogul in
rapidly declining health and estranged from his children, including
his daughter, Shari Redstone, who serves as vice chairman of the
boards of both Viacom and CBS. According to court documents, Mr.
Redstone must be carried around the house, no longer reads or
watches the financial news he once avidly followed, and is unable
to talk "except brief grunted responses." Yet he remains "fixated
on having sex on a daily basis" and eating steak, despite his
doctor's warnings against both.
The subject of Mr. Redstone's health and mental competence has
remained a topic of intense interest among Viacom and CBS
investors, given his roughly 80% voting stake in each. Mr. Redstone
controls Viacom and CBS through National Amusements Inc.
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(END) Dow Jones Newswires
November 27, 2015 02:47 ET (07:47 GMT)
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