(Mirror) Liz Hurley’s son Damian has won a legal fight against his grandfather who tried to cut him out of his inheritance.
Multi-millionaire Dr Peter Bing attempted to stop Damian, 17, from gaining access to his fortune because he was born out of wedlock.
But a judge in LA ruled this week that Damian – fathered by Dr Bing’s son, Steve, 54 – is a rightful beneficiary of the family trust.
Dr Bing claimed that US businessman Steve has “never met” Damian, and he does not want the teenager to inherit any money.
And Dr Bing insisted that after setting up the family trust in 1980, he stipulated that any grandchild must be “raised by my children as part of their families” to benefit from it.
He said in recent court papers that the trust “would not benefit any person bought out of wedlock unless that person had lived for a substantial period of time as a regular member of the household”.
Dr Bing argued the definition of “grandchild” in the trust was unclear.
But in court papers filed on Tuesday, Judge Daniel Juarez wrote: “There is no ambiguity in the trust’s use of the term ‘grandchild’
“The trustee’s [Dr Bing] interpretation of the trusts is unreasonable, and the trustee’s construction of ‘grandchild’ is simply unfounded.”
Damian was born to The Royals actress Elizabeth, 54, in 2002.
Steve, worth around £456million, initially denied he was the father, saying the couple were not in an exclusive relationship at the time, but a test proved his paternity.
