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Posts tagged shari-redstone

Creditors fight back: MIdway gets sued

Sumner Redstone, his daughter Shari (a former Midway board member, mind you) and the mysterious Mark Thomas are all being sued, among others, by the various creditors that a nearly penniless Midway owes money to. Gamasutra obtained a copy of a 29-page lawsuit, detailing the alleged financial...

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Sumner Redstone appeals Midway sale subpoena, delays deposition

Yesterday, Sumner Redstone was due in a Manhattan court to speak in regards to the sale of Midway to Mark Thomas. That never happened, but Sumner and business partner Robert Steele's attornies did appear in a Bankruptcy court in Delaware on Friday in an attempt to get out of the scheduled...

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Former Midway execs subpoenaed over company sale

Looks like the long arm of the law finally caught up to the Redstones, as Sumner and his daughter Shari have both been subpoenaed by the U.S. Bankruptcy Court, District of Massachusetts, regarding Sumner selling his stake in Midway to Mark Thomas. Both of the Redstones must appear in a New York...

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Midway chair Shari Redstone resigns

What a ride it's been for former Midway chairwoman Shari E. Redstone, who resigned late last Friday, a week after interim president and CEO Matt Booty was installed as a permanent fixture. "With my recent appointment to the Special Committee of the National Amusements Board of Directors, I am...

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Midway elects to keep it in the fam, new board chair a Redstone

Daddy's little girl might not know Scorpion from Sub-Zero, but she's now Midway's Chair of the Board, succeeding Kenneth Cron who recently resigned. Daddy, of course, is none other than Sumner Redstone, the majority owner of Midway Games ... oh, and Viacom and CBS. Daughter Shari Redstone had been...

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