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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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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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.

RELATED: Harvey Weinstein’s Sexual Assault Trial Postponed For 3 Months

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.

Phone-smashing charges against McGregor dropped following settlement

Phone-smashing charges against McGregor dropped following settlement Prosecutors have dropped felony robbery and misdemeanor criminal mischief charges against former UFC lightweight and featherweight champion Conor McGregor, TMZ Sports reported Monday. In March, McGregor was captured on video getting into an altercation in Miami with a fan - Ahmed Abdirzak - who was visiting from the United Kingdom. After Abdirzak attempted to take a picture, McGregor appeared to slap the phone out of his hand and then stomp on it several times. "The victim of the crime does not wish to return to the United States and prosecute this case," prosecutor Khalil Madani said during a hearing on Monday.

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.

RELATED: Lena Headey Alleges That Turning Down Harvey Weinstein’s Sexual Advances ‘Impacted A Decade’ Of Her Career

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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