December 11. 2019

Harvey Weinstein was perp walked into court again last week due to a bail violation

The New York Times is reporting that Harvey Weinstein has reached a $25,000,000 settlement with his accusers, in a rape and sexual assault lawsuit that was filed against the disgraced Hollywood movie producer. The lawsuit was filed in 2017 and covers over 30 of his victims, which include actresses and employees of his now collapsed company, the Weinstein Company that is in bankruptcy.

Some women oppose the settlement, as Weinstein did not have to admit wrongdoing, which is standard when plaintiffs settle with defendants. The Time’s Up organization stated via its CEO, Rebecca Goldman, “It’s a symptom of a problematic, broken system that privileges powerful abusers at the expense of survivors.”

Ironically, $12,000,000 of the settlement money will go to Weinstein and his brother's legal fees. They will not have to pay any money. The insurance company is being forced to foot the costs for Weinstein's sick behavior against women. Insurers should be careful issuing lawsuit insurance to people in Hollywood, as some are knowingly purchasing policies to protect their bank accounts, while deliberately engaging in criminal conduct they seek financial insulation from, in the event they are sued by victims. It's all quite fraudulent, cocky and glib.

STORY SOURCE

Weinstein and His Accusers Reach Tentative $25 Million Deal

Dec. 11, 2019 Updated 4:16 p.m. ET - After two years of legal wrangling, Harvey Weinstein and the board of his bankrupt film studio have reached a tentative $25 million settlement agreement with dozens of his alleged sexual misconduct victims, a deal that would not require the Hollywood producer to admit wrongdoing or pay anything to his accusers himself, according to lawyers involved in the negotiations.

The proposed global legal settlement has gotten preliminary approval from the major parties involved, according to several of the lawyers. More than 30 actresses and former Weinstein employees, who in lawsuits have accused Mr. Weinstein of offenses ranging from sexual harassment to rape, would share in the payout — along with potential claimants who could join in coming months. The deal would bring to an end nearly every such lawsuit against him and his former company...

https://www.nytimes.com

Time’s Up has denounced the tentative settlement that Harvey Weinstein has reached with his accusers as emblematic of “a broken system.”

“This settlement is more than a math problem – it’s a symptom of a problematic, broken system that privileges powerful abusers at the expense of survivors,” Rebecca Goldman, Time’s Up’s chief operating officer, said in a statement. “While this settlement is flawed, we know it represents the hard work of several survivors of Harvey Weinstein. We hope it brings them, and perhaps others, some small measure of justice and relief that is long overdue.”

The settlement, which was first reported by the New York Times, would offer Weinstein’s accusers about $25 million, as paid out by Weinstein’s insurance companies. Of that $25 million, $6.2 million would be split between 18 of his accusers, with no individual receiving more than $500,000. The remaining $18.5 million of that $25 million would be allocated to the accusers who are a part of — or will become a part of — the New York attorney general’s class-action lawsuit against Weinstein. A court-appointed monitor will determine how the payments are allocated, based on the harm caused to the victim...

https://www.thewrap.com

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