It was almost inevitable ... The Weinstein Co. has filed for bankruptcy after hemorrhaging assets and facing multiple lawsuits in the wake of the Harvey Weinstein scandal. The Board of Directors said it had no choice ... this after investors bailed…
Among the many damning reports on the many sexual assault and harassment allegations against Harvey Weinstein, one of the most infuriating revelations was the news that the disgraced mogul’s contract effectively allowed for his misconduct. There seemed to be a built-in structure for paying out damages to those who Weinstein treated “improperly in violation of the company’s Code of Conduct.” Non-disclosure agreements accompanied those settlements, though, preventing anyone who might have reached...
The Weinstein Company just canceled every non-disclosure agreement between Harvey Weinstein and women who accused him of sexual misconduct
The Weinstein Company's bankruptcy filing on Monday night prompted the cancellation of every non-disclosure agreement the embattled film mogul Harvey Weinstein initiated with women who have accused him of sexual misconduct.
More than 70 women have leveled allegations against Weinstein, for varying degrees of harassment, assault and, in some cases, rape.
"No one should be afraid to speak out or coerced to stay quiet," the company said in a statement.
The Weinstein Company canceled all...