The amount intended to compensate victims he sexually assaulted is $ 17 million.
A US judge approved the bankruptcy of The Weinstein Company, the company of film producer Harvey Weinstein, convicted of sexual abuse, on the basis of a financial plan that indemnifies women who have accused him of sexual misconduct by approximately $ 17 million.
The resolution came in a Delaware court on Monday after a federal judge in New York rejected an agreement presented by the prosecution in July last year that included 19 million in damages for the victims of what was once the most powerful producer in Hollywood. . .
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The plan approved by Judge Mary Walrath will provide approximately $ 35 million in creditors, 17 of which will go to create a “fund for complaints about sexual misconduct”; 8.4 million for complaints of a non-sexual nature and 9.7 million for legal costs of employees, including Weinstein is prohibited.
“83% of the victims have expressed very strongly that they want to close the case by accepting this plan,” the judge said in statements collected by The Hollywood Reporter, referring to a vote that was taken by nearly fifty at the start of this trial. female complainers. month according to the terms of the bankruptcy plan.
The complainants will receive 100% of the agreed value of their compensation, which will be calculated by awarding points based on the type of action taken and other factors, if they agree to settle their dispute with Weinstein, but do not wish to release out of legal action they get 25%, something some victims are not satisfied with.
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The Weinstein Company, based in New York, filed for bankruptcy in March 2018 and later sold most of its assets to private equity firm Lantern Capital Partners for nearly $ 300 million.
The producer was sentenced to 23 years in prison in New York last March for rape and sexual assault of two women, and in Los Angeles he has been charged with several sex crimes against five women, for which he can be sentenced to another. 140 years if found guilty.