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(Reuters) - A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct.
Judge Mary Walrath in Wilmington, Delaware announced her ruling at the conclusion of a remote hearing. She overruled an objection from a handful of women who are looking to pursue appeals of their claims outside of bankruptcy court.
She noted that 83% of sexual misconduct claimants in the bankruptcy “have expressed very loudly that they want closure through acceptance of this plan, that they do not seek to have to go through any further litigation in order to receive some recovery, some possible recompense . although it’s clear that money will never give them that.”
Bankruptcy Judge Approves Weinstein Co. Plan With $17M for Sex Abuse Claims By Maria Chutchian | January 26, 2021
A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co.’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct.
Judge Mary Walrath in Wilmington, Delaware announced her ruling at the conclusion of a remote hearing. She overruled an objection from a handful of women who are looking to pursue appeals of their claims outside of bankruptcy court.
She noted that 83% of sexual misconduct claimants in the bankruptcy “have expressed very loudly that they want closure through acceptance of this plan, that they do not seek to have to go through any further litigation in order to receive some recovery, some possible recompense … although it’s clear that money will never give them that.”