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Shari Redstone Blocked From Further CBS Actions For Now

Law360, Wilmington (May 16, 2018, 5:13 PM EDT) -- Shari Redstone and National Amusements Inc. will be barred from taking any action as the controlling shareholder of CBS Corp. to further alter its by-laws or to remove members of its board after a Delaware state court judge said Wednesday he would enact a temporary restraining order sought by the mass media company and its independent directors to allow them to go forward with an attempt to dilute her voting power.

During a hearing in Wilmington, Chancellor Andre G. Bouchard said that he was approving the...
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