trusts

(Newser) - A feud between members of the family that produces one of the top sparkling wines in the US is making California's Napa Valley the setting for a real-life soap opera, the San Francisco Chronicle reports. Hedge-fund manager John Davies is battling for his stake in Schramsberg Vineyards, charging that his...

(Newser) - One man stands between News Corp. chief Rupert Murdoch and the Dow Jones-controlling Bancroft Family: a reserved, unassuming Boston lawyer named Michael B. Elefante, who has managed most of the Bancrofts' trust accounts for decades. Next week, beginning with Monday's strictly informational meeting, Elefante will mediate the $5B transaction.

(Newser) - Nobody wants to see Whitewater II, least of all the Clintons. As Hillary barrels towards the White House, they've liquidated a blind trust worth $5 million to $25 million in an effort to avoid potential conflict-of-interest charges. The fund, invested on their behalf since Bill took office, included live-wire investments...