National Amusements, CBS Prepare for Five-Day Trial
By Variety Staff
LOS ANGELES (Variety.com) – National Amusements and CBS Corp. are sketching out the rules of battle.
The two parties agreed to a series of court dates and timelines in preparation for what is expected to be a five-day trial over recent litigation between the large U.S. broadcaster and , its controlling shareholder. The trial is expected to decide whether can proceed with an issuance that would dilute National Amusements’ voting control of CBS. At present National Amusements controls 79% of the shareholder votes at the company.
The trial at present is slated to take place on October 3, 4 5, 8 and 9 of this year, starting at 9:15 a.m. each day.
Initial discovery between the two parties is expected to commence June 7 and be completed by August 22, according to a filing made Monday in the Court of Chancery in the State of Delaware.
Affirmative and rebuttal experts are to be decided upon and identified in early to mid-August