The amount intended to compensate the victims he sexually assaulted amounts to $ 17 million.
An American judge has approved the bankruptcy of The Weinstein Company, the company of film producer Harvey Weinstein, convicted of sexual abuse, under a financial plan that will compensate about $ 17 million to women who have accused him of inappropriate sexual behaviors.
The ruling came Monday in a Delaware state court after a federal judge in New York rejected an agreement filed by the prosecution in July last year, which included 19 million in compensation for the victims. of which he was once the most powerful producer in Hollywood.
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The plan approved by Judge Mary Walrath will provide about $ 35 million to creditors, of which 17 will go toward creating a “fund for allegations of sexual misconduct”; 8.4 million for non-sexual complaints and 9.7 million for reimbursing legal costs of employees, including Weinstein.
“83% of victims have expressed very loudly that they want to close the matter by accepting this plan,” the judge said in statements collected by The Hollywood Reporter, referring to a vote by nearly half a hundred women complainants at the beginning. of this month on the terms of the bankruptcy plan.
Complainants will receive 100% of the stipulated value of their compensation, which will be calculated by awarding points according to the type of act committed and other factors, if they agree to close their dispute with Weinstein, while if they do not want to be released from legal action. they will receive 25%, something with which some victims have not been satisfied.
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The New York-based Weinstein Company filed for bankruptcy in March 2018 and then 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 March last year in New York for raping and sexually assaulting two women, and in Los Angeles has been charged with several sexual offenses to five women, for which he could be sentenced to 140 years if convicted.