American former film producer, Harvey Weinstein sexual abuse accusers have agreed to his $44 million settlement tentatively.
The proposed agreement was disclosed in court on Thursday, following bankruptcy. The agreement is said to be separate from the criminal charges against Harvey Weinstein in New York.
On Thursday, Attorneys reached a tentative $44 million agreement to resolve more than a dozen civil lawsuits which accuse the disgraced Hollywood producer Harvey Weinstein of sexual misconduct.
The movie mogul accused of sexual crimes by many women discussed the agreement at a hearing in U.S. Bankruptcy Court in Wilmington, Delaware, where the amount of the proposed settlement wasn’t disclosed.
The Wall Street Journal says $30 million would be paid to the plaintiffs, with the remaining $14 million used to pay legal fees … with funds coming from insurance policies.
The agreement comes more than a year and a half after accusations against the disgraced mogul first surfaced.
Actresses including Ashley Judd, Paz de la Huerta and Lupita Nyong’o all accused Weinstein of sexual misconduct.
Robert Feinstein, an attorney for the committee of unsecured creditors of Weinstein Co., the independent movie studio founded in 2005 by Weinstein and his brother, Bob Weinstein, told U.S. Bankruptcy Judge Mary Walrath that the parties planned to meet with the case’s mediator next week to finalize details.
Under the terms of the proposed settlement, which would be paid through insurance funds, no party would admit wrongdoing, NBC News reported. The arrangement is separate from criminal charges against Weinstein in New York, to which he has pleaded not guilty.
The 67-year-old co-founder of the entertainment company Miramax ‘s alleged behaviour helped spark the #MeToo movement. Weinstein denies all of the civil and criminal allegations, his attorneys have said.