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An Allegheny County judge has approved a settlement in the long-running battle over a 1935 trust left to conservative philanthropist Richard Mellon Scaife.
Common Pleas Judge Joseph K. Williams III docketed the order on Dec. 23, which approves a $200 million settlement proposed by some of the parties nearly one year ago.
Scaife, who owned the Tribune-Review, died on July 4, 2014.
His mother, Sarah Mellon Scaife, established a trust for him in 1935. According to the court, Richard Scaife made requests for distributions from that trust from 1996 through 2014. At the time of his death, the trust, which at one time had $450 million, had been depleted.