Los Angeles, United States
The judge in Delaware ruling the Weinstein Co. chaired a petition from four women who accused movie mogul Harvey Weinstein of sexual misconduct to suspend his approval of the company’s bankruptcy plan.
The judge issued a one-page warrant on Wednesday, denying the request for an emergency delay, as the women are contesting approval of the plan in Delaware federal district court.
Lawyers for the four women responded Friday with a request to the court to suspend the ratification while that court is hearing the injured parties’ appeal.
According to the bankruptcy filing filed in court, the plan is “substantially completed,” effective Thursday.
The plan is challenged by producer Alexandra Canosa and actresses Wedil David and Dominique Huett, who have accused Weinstein of sex crimes, and a former Weinstein Co. employee. who claims to have suffered from a hostile work environment.
According to the protesters’ attorneys, the plan includes excessive exemptions from liability in favor of third parties, such as insurance companies and former directors and former directors of Weinstein Co. They also argue that the plan contains a provision that unfairly prevents those who report misconduct – from consensual sexual recourse to lawsuits.
The bankruptcy plan provides for the delivery of $ 35 million to creditors. The amount is $ 11.5 million less than the previous plan, dropped after a federal judge in New York refused to approve the proposed $ 19 million settlement between Weinstein and some of his prosecutors. Settling that class action lawsuit was a critical part of the preliminary bankruptcy plan.
About half of the approved settlement, approximately $ 17 million, will go to one fund to address sexual misconduct claims, less than the 25.7 million assigned to three different categories of sexual misconduct claims identified in the above plan are included.