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Weinstein Co. Bankruptcy Attorneys to Receive Millions More Than Victims


Weinstein Co. Bankruptcy Attorneys to Receive Millions More Than Victims
Gene Maddaus, provided by
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The attorneys and professionals in the Weinstein Co. bankruptcy case have received $26 million in fees thus far, considerably more than the $17.1 million that Harvey Weinstein’s victims will receive.
The legal bills are still coming in, and will likely exhaust the $3.3 million remaining in the company’s accounts, according to testimony from Robert Peck, the company’s former controller.
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The fees represent a sizable chunk of the cost of resolving the case, but have received far less attention than the payouts to other stakeholders. ....

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Harvey Weinstein's Victims To Receive $17 Million Payout: Court


$17 Million Payout to Harvey Weinstein s Victims
The payout will be divided among the more than 50 claimants, with the most serious claims, which could cause payouts of $500,000 or more. Weinstein s victims put to a vote the settlement with 39 voting in favor and eight opposed.
A lawyer representing those who objected to the payout, Ruby Liu, said Monday that the settlement fund is meager.
The deal also deprives her clients of the chance to pursue Bob Weinstein and the other directors in court. Liu said that there are more than monetary considerations that her clients want.
They are seeking a finding from a jury that holds all responsible parties accountable. That s not just Harvey Weinstein, Liu said in a Variety report. ....

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