Published: Fri, May 24, 2019
Life&Culture | By Sue Mclaughlin

Weinstein reaches deal to settle civil proceedings for $44 million

Weinstein reaches deal to settle civil proceedings for $44 million

Lawyers for Harvey Weinstein and his movie company have reached a tentative deal that would settle a slew of civil suits brought against the accused serial sex assaulter, a report said Thursday.

On Thursday, attorneys involved in negotiations told a federal bankruptcy court judge during a hearing in Wilmington, Delaware, that there had been a breakthrough in discussions regarding a settlement, The Associated Press reported.

Dozens of women have come forward publicly to accuse Weinstein after bombshell exposés in the New York Times and the New Yorker revealed allegations spanning almost 30 years in late 2017.

The size of the settlement was first reported by The Wall Street Journal.

Harvey Weinstein returns from lunch to State Supreme Court, in New York, April 26, 2019. The settlement would cover many of them, including a class action by alleged victims that accuses the film company of operating like an organized crime group to hide widespread sexual harassment and assaults.

Lawyers said the settlement to resolve civil lawsuits and compensate alleged victims was worth about $44m (£34.7m).

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It certainly does not impact Weinstein's current criminal case.

It's unclear if the tentative settlement, if approved, would eliminate all civil suits in the matter. That trial begins September 9. The remaining $14 million would go to attorneys' fees for Weinstein Co. board members.

He has previously denied ever having non-consensual sex with anyone. Elizabeth Fegan, an attorney who represents Weinstein accusers in a class action case, declined to comment on that figure.

Mr. Weinstein, who won plaudits and awards through his company and another studio, Miramax, for movies including Shakespeare in Love, Pulp Fiction and The King's Speech, fell from grace after more than 70 women, mostly young actresses and others in the movie business, accused him of sexual misconduct dating back decades.

If finalized, the deal would also settle a civil-rights lawsuit the NY attorney general's office filed past year that blames the Weinstein Company's executives and board for not protecting employees from a hostile working environment, sources told The Wall Street Journal.

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