News Item
"Channel 24" featured Pace Law Professor Bennett Gershman in "Harvey Weinstein reaches $44m settlement with accusers"
'LONG, COMPLEX PROCESS'
Hollywood magazine Variety and other organizations have cited sources close to the situation indicating that $30m would go to Weinstein's numerous women accusers as well as the studio's creditors.
Another $14m would pay for the legal fees of his studio partners, who have been named as co-defendants in several of the suits.
The funds are to be paid out by insurance agencies, The Wall Street Journal reported.
The hope is that the settlement will globally resolve the civil complaints targeting the studio, including one filed by New York state's attorney general against the studio for failing to keep employees safe.
"It's been a long, complex process, and we do feel this settlement provides a measure of justice though it's not everything one might hope for," said Aaron Filler, an attorney for one of the complainants, actress Paz De La Huerta.
For Bennett Gershman, a former prosecutor and professor of law at Pace University, the apparent deal is "a victory for the women who claimed abuse."
But it's likely also good news for Weinstein and especially his company, which no longer has any ties to him and can henceforth "put this major lawsuit behind them... they can move on."
Read the full article.
