The trust instrument, which governs the trust, dictates who controls Viacom and CBS upon Redstone's death or incompetency. In my previous writings I had assumed that the Viacom shares were voted by National Amusements. A court should simply look at the National Amusements board and whether it validly voted. )All is not lost for National Amusements, though. In this situation, there is no inquiry into National Amusements, but into Redstone himself.This is a different matter.

Source: Economic Times June 25, 2016 09:03 UTC