Redstone Granddaughter Drops Viacom Settlement Challenge

Law360, Boston (August 26, 2016, 7:41 PM EDT) -- A granddaughter of Sumner Redstone dropped objections that were holding up the settlement of the Viacom media empire power struggle after receiving promises of meeting the mogul and firmly securing a billion-dollar stake in his trust.

The major breakthrough between Keryn Redstone, 34, her aunt Shari Redstone and her grandfather Sumner Redstone, among others, made way for the dismissal of a suit brought in Massachusetts probate court by two former National Amusements Inc. board members.

Keryn will get an in-person meeting with her grandfather, attorneys for various parties agreed before Judge George Phelan, sitting in Norfolk County Probate and Family Court...

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