Tuesday’s $35. 2 million proposal filed with the U. S. Bankruptcy Court in Delaware was funded through insurers and includes $17 million to resolve court cases of inappropriate sexual conduct in court, as well as a lawsuit filed through the New York Attorney General.
Weinstein, 68, is serving a 23-year sentence in New York State following his conviction on February 24 for sexually assaulting a former assistant and raping an actress, and appealed the conviction.
The newer plan offers less for accusers than the $18. 9 million plan of the previous plan, which was dismissed in July through U. S. District Judge Alvin Hellerstein in Manhattan, who oversees an action lawsuit of elegance opposed to Weinstein.
The remaining budget will pay off the commercial debts and defense prices of former representatives of The Weinstein Co. He got rid of weinstein’s legal fees, a component of Hellerstein’s previous plan called “atrocious. “
Lawyer Paul Zumbro of The Weinstein Co. told Judge Mary Walrath in Wilmington at Wednesday’s hearing that the settlement group had been reduced and that she no longer resolves the claims before The Weinstein Co.
The plan provides accusers with a payment proposal; if they agree, he resolves his claim opposed to Weinstein. Alternatively, accusers can settle for 25% of the proposed payment and continue to sue Weinstein in court.
Scott Leonhardt, a lawyer representing two accusers, called the plan “fundamentally flawed” and said he opposed it.
Walrath said the plan gave the impression of saving an accuser who had chosen to sue Weinstein in court and had received a ruling to oppose Weinstein’s insurers.
A lawyer for The Weinstein Co. said the plan would be cleared up and not the insurers in this situation.
(Reporting through Tom Hals in Wilmington, Delaware)
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