Weinstein victims to get $17.1 million in settlement
Advertisement The settlement closes an often rancorous and prolonged chapter in the Weinstein litigation saga that saw various proposals scuttled and litigants opt out, all while the initial fund for accusers dwindled. New York-based Weinstein Co. filed for bankruptcy in March 2018 and later sold of most of its assets to private equity firm Lantern Capital Partners for $289 million. “We’ve worked closely with many survivors of Harvey Weinstein who desired a resolution that would provide a safe and confidential process for recovery, and today we’re proud to share that the bankruptcy cou...
Source: latimes.com