Tentative $44M Deal With Weinstein Accusers May Be Key to Global Settlement, But Some Plaintiffs Lawyers Balk
Robert J. Feinstein, who represents a committee of The Weinstein Co.'s largest creditors, told a Delaware bankruptcy judge that the agreement reached in mediation between Harvey Weinstein, the firm's board members and the New York Attorney General's Office "could be the cornerstone" to reaching an overarching settlement through The Weinstein Co.'s Chapter 11 bankruptcy case.
May 24, 2019 at 05:00 PM
6 minute read
The original version of this story was published on New York Law Journal
An attorney for The Weinstein Co.'s creditors said he views a tentative $44 million deal to resolve lawsuits from women who have accused Harvey Weinstein of sexual assault as the potential key to a global settlement of all civil suits against the disgraced Hollywood producer, his former company and its board.
Robert J. Feinstein, who represents a committee of The Weinstein Co.'s largest creditors, told a Delaware bankruptcy judge on Thursday that the agreement reached in mediation between Weinstein, the firm's board members and the New York Attorney General's Office “could be the cornerstone” to reaching an overarching settlement through The Weinstein Co.'s Chapter 11 bankruptcy case.
The sides were expected to formally meet on May 29 to discuss a possible final resolution.
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