Harvey Weinstein's offer of $36 million settlement for alleged victims labelled 'unfair'

13 Décembre, 2019, 21:21 | Auteur: Christine Menetries
  • Harvey Weinstein's offer of $36 million settlement for alleged victims labelled 'unfair'

After Harvey Weinstein remained in headlines for the last past year and more, the former media mogul who was named by several women in #MeToo scandal now wants to get it all under the rug by proposing a $25 million settlement to the women survivors of sexual assault and rape.

The settlement still needs court approval and a sign-off by all parties for it to be finalized.

Mr Weinstein is scheduled to face a January 6 trial in Manhattan on criminal charges of sexually assaulting two women.

On Wednesday, a judge increased his bail after a two-day hearing, with Weinstein putting up a US$2-million insurance bond, secured by stocks, bonds and cash. Details of the deal were initially carried in the New York Times, but lawyers have confirmed majority with other USA media outlets.

Referring to the lawyers involved in reaching an agreement, the newspaper noted that it "was tentatively approved by all stakeholders". The former producer has been tangled up legal battles since 2017, when bombshell reports on Weinstein by the Times and The New Yorker unearthed decades worth of sexual misconduct allegations against him.

According to "Kommersant" with reference to AFP, the money will be distributed between more than 30 Actresses and former female employees who filed a lawsuit against the 67-year-old producer for various crimes - from sexual harassment to rape.

One plaintiff backing the deal, Louisette Geiss, told Associated Press (AP) news agency: "This settlement will ensure that all survivors have the chance for recovery and can move forward without Harvey's damaging lock on their careers".

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"The most troubling aspect of this settlement is a punitive provision created to force victims to settle", Giuffra said in a statement that included the names of several other lawyers from his firm.

Both lawyers, Giuffra and Wigdor as reported on CNBC said that they would oppose keeping an additional $12 million to pay toward the legal costs of Harvey and Bob Weinstein, as well as of such costs for directors of their company.

The $25 million is part of a larger pool of $46.7 million, with the remainder going to the Weinstein companies, general unsecured creditors and lawyers for defendants, Fegan said.

Some lawyers for plaintiffs were also unhappy with the terms.

While the settlement would bring one aspect of the ongoing saga to a possible close, Weinstein would still face criminal charges that could result in a sentence of life in prison. He has denied the allegations, saying any sexual encounters were consensual.

The investigation involved police in Los Angeles, NY and London.


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