Lachlan Murdoch’s business record in Australia hasn’t been all that great. One Tel springs to mind “At the time, Mr Packer and Mr Murdoch,lost $1 billion invested by family vehicles PBL and News Corp, They said they’d had been misled about One.Tel’s financial position.“

Then came Network Ten is One.Tel Mark II – AFR For a second time he and Packer bet and lost millions on a looks-like-blue-sky business opportunity

Why does Lachlan Murdoch, a Philosophy major, believe his reputation will be improved by this legal action against Crikey?

Millions of dollars in legal costs are expected to be spent as News Corp co-chairman and Fox Corporation chief executive Lachlan Murdoch, eldest son of media baron Rupert, sues a comparative minnow in Australia, Crikey, for defamation over a June 29 article.

Lachlan Murdoch v Crikey: How a US Capitol article with 804 words could cost an Australian publication millions