The latest version of a settlement that aims to bring an end to most claims against Harvey Weinstein from women who accuse him of sexual misconduct will be put before those accusers for a vote.
U.S. Bankruptcy Judge Mary F. Walrath on Tuesday approved the disclosure statement that will be sent to the women and the procedures that'll be used to solicit their responses.
This version of the settlement still includes a $17 million sexual misconduct claims fund, an $8.4 million liquidation trust settlement payment to cover bankruptcy claims not related to sexual misconduct, and about $9.7 million toward defense costs for former representatives of the company, not including Weinstein himself. And instead of getting its own line item for more than $1.1 million in legal fees for services rendered to the debtors prior to the petition, Seyfarth Shaw will become an unsecured creditor and receive a pro rata share of the liquidation trust.