Private Equity

Weinstein Co. Files For Bankruptcy

by timesofmalta.com posted 2years ago 45 views
US film and TV studio The Weinstein Company, whose ex-chairman Harvey Weinstein has been accus­ed of sexual harassment and as­sault, said it has filed for bankruptcy and was ending all non-disclosure agreements that may have silenced some women. The Weinstein Company filed for bankruptcy in the Delaware court, listing $500 million to $1 billion in liabilities and $500 million to $1 billion in assets, and said it had struck a deal with an affiliate of private equity firm Lantern Capital Partners to acquire its assets. The bankruptcy comes after the studio spent months looking for a buyer or investor.

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