The Weinstein Company to file for bankruptcy
Harvey Weinstein
The firm had been seeking a deal to spare it from bankruptcy after more than 70 women accused film producer  Harvey Weinstein   its ex-chairman and once one of Hollywood’s most influential men  of sexual misconduct including rape.  Weinstein  denies having non-consensual sex with anyone.
FILE PHOTO: Harvey Weinstein speaks at the UBS 40th Annual Global Media and Communications Conference in New York  NY  U.S. on December 5  2012. REUTERS/Carlo Allegri/File Photo
But negotiations were thrown into doubt two weeks ago when New York’s Attorney General Eric Schneiderman sued the company and  Weinstein  over his alleged sexual harassment and misconduct.
Schneiderman wanted any deal to provide adequate compensation to  Weinstein ’s alleged victims  protect employees and not reward executives who the suit alleges knew of the abuse but did nothing to stop it.
The firm had been seeking a deal to spare it from bankruptcy after more than 70 women accused film producer  [TGT]   its ex-chairman and once one of Hollywood’s most influential men  of sexual misconduct including rape.  Weinstein  denies having non-consensual sex with anyone.
FILE PHOTO: [TGT] speaks at the UBS 40th Annual Global Media and Communications Conference in New York  NY  U.S. on December 5  2012. REUTERS/Carlo Allegri/File Photo
But negotiations were thrown into doubt two weeks ago when New York’s Attorney General Eric Schneiderman sued the company and  Weinstein  over his alleged sexual harassment and misconduct.
Schneiderman wanted any deal to provide adequate compensation to  Weinstein ’s alleged victims  protect employees and not reward executives who the suit alleges knew of the abuse but did nothing to stop it.