Entertainment: Report: Harvey Weinstein Reaches $44-Million Settlement With Accusers, Creditors - - PressFrom - Canada
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EntertainmentReport: Harvey Weinstein Reaches $44-Million Settlement With Accusers, Creditors

09:00  24 may  2019
09:00  24 may  2019 Source:   etcanada.com

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Harvey Weinstein -- the movie mogul accused of sexual crimes by many women -- has reached a tentative $ 44 million settlement with several accusers and creditors according to multiple reports . The reports state the money will be used to settle several lawsuits against him, however

Disgraced movie mogul Harvey Weinstein has reached a tentative $ 44 million settlement with women who have accused him of Under the proposed settlement , million would be earmarked for accusers , unsecured creditors The Wall Street Journal first reported the tentative settlement

Report: Harvey Weinstein Reaches $44-Million Settlement With Accusers, Creditors Harvey Weinstein - Erik Pendzich/REX/Shutterstock

Harvey Weinstein is settling lawsuits launched by women who have accused him of sexual misconduct, with the Wall Street Journal reporting the disgraced movie mogul and his former studio’s board members have reached a tentative $44-million settlement deal.

Citing "two people briefed on the matter" (who "spoke on the condition of anonymity because the agreement was private"), the Journal states that the proposed terms of the deal would see approximately $30 million go to a pool of plaintiffs that includes Weinstein's alleged victims, creditors of his former former studio as well as some former employees, involving more than 15 lawsuits.

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Harvey Weinstein and his former studio’s board members have reached a tentative $ 44 million deal to resolve lawsuits filed by women who accused him [Update: Weinstein accusers say $ 44 million settlement lets him off the hook.] The proposed sum is less than half of what was initially discussed

Опубликовано: 23 мая 2019 г. ► Harvey Weinstein Reaches $ 44 Million Settlement with According to Reports 5/ . ► SUBSCRIBE 4 More : ► Facebook Fanpage .: https Two Harvey Weinstein Accusers Speak Out Exclusively On Megyn Kelly TODAY | Megyn Kelly TODAY

The balance of the money would then go to pay legal fees Weinstein's associates, including board members who are named as defendants in lawsuits.

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When finalized, the $44 million would be covered by insurance policies, but would first have to be approved by advisers of the now-defunct Weinstein Company's bankruptcy proceedings.

"Lawyers for women who say they were victims of Mr. Weinstein have been in mediation since last year with representatives for the former studio mogul," adds the New York Times, adding that lawyers for the former board members were involved in the negotiations, as was the New York attorney general’s office, which sued Weinstein and his brother/business partner Bob Weinstein for violating state and city laws barring gender discrimination, sexual harassment, sexual abuse and coercion.

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The Times reports that insurance policies would cover the $ 44 million if the deal is approved by advisers in charge of the former TWC’s bankruptcy proceedings. Under the proposed settlement , that has yet to be finalized, million would be earmarked for accusers , unsecured creditors and

Harvey Weinstein , the disgraced media mogul who has been accused by nearly 80 women of sexual misconduct, has reached a tentative $ 44 million deal to settle lawsuits with his accusers and other parties, the Wall Street Journal reports . According to the terms of the deal, about million would

According to the Times, Weinstein didn't return calls for comment, while a spokeswoman for the office of the New York State attorney general declined to comment.

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Meanwhile, Weinstein, 67, continues to face criminal charges over allegations he raped a woman in a Manhattan hotel room in 2013 and forcibly performed oral sex on another woman in 2006. He entered a plea of not guilty, insisting both encounters were consensual.

Weinstein, who has been accused of sexual misconduct by nearly 100 women, was arrested in May 2018, before being released on $1 million bail.

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