note, the civil settlement has been in contention since its proposal—not only because the sum has drastically dropped from its initial, projected amount of $90 million, but also because its terms would protect Weinstein Company board members from future litigation. In addition, $12 million would go toward covering some legal fees for Weinstein, his brother,who helped run the Weinstein Company, and other members of the company’s board.
“We have been saying for over a year and a half that the settlement terms and conditions were unfair and should never be imposed on sexual assault survivors,”and two other lawyers representing several women who had challenged the settlement said in a statement, per the outlet. “We were surprised that class counsel and the New York attorney general did not recognize this fact but are pleased that Judge Hellerstein swiftly rejected the one-sided proposal.
said the “practical reality is that outside the settlement the plaintiffs face an uncertain financial recovery, with the Weinstein Company bankrupt, and Mr. Weinstein defending legal matters, facing debt and judgments, frozen assets, and a line of creditors looking for compensation. Mr. Weinstein’s current and future financial state is far from healthy, not only has his personal liberty been taken from him, but his financial liberty as well.
In February, the former Hollywood mogul was found guilty of committing a criminal sexual act in the first degree and rape in the third degree and sentenced to
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