Amidst a growing chorus of objections, a federal judge this morning just killed the proposed $19 million settlement for victims of Harvey Weinstein. “Based on my studies of the papers, based on my …
Amidst a growing chorus of objections, a federal judge this morning just killed the proposed $19 million settlement for victims of Harvey Weinstein.
“Based on my studies of the papers, based on my study of the objection papers, and based on the flaws that I have already noted, I will not give preliminary approval to the settlement,” declared Judge Alvin Hellerstein on Tuesday.the June 30 unveiled multi-million-dollar deal in the short telephone conference this morning after listening to plaintiffs’ chief lawyer Elizabeth Fagan lay out the case for the settlement. “The idea that Harvey Weinstein can get a defense fund ahead of the claimants is obnoxious,” Judge Hallerstein who oversaw the 9/11 settlement case years ago, said.
With an expected fallout to follow in the courts, that puts the kibosh on an insurance fueled deal that Weinstein himself, his brother Bob Weinstein, the former board members of the Weinstein Company, and other corporate entities had signed off on along with many women who had allegations against the once powerful and currently imprisoned producer.
All of which throws everything back to square one and the bankruptcy courts, as Harvey Weinstein’s ex-wives have made legal moves of their own to freeze his personal assets.
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