The Weinstein Co. has dodged a court order that would have forced the embattled studio to freeze some of its assets as it looks for investors or a buyer in the wake of alleged sexual misconduct by the studio’s recently fired co-chairman, WSJ Pro Bankruptcy reported. Bankruptcy Judge Sheri Bluebond of the U.S. Bankruptcy Court in Los Angeles on Tuesday denied a request for a temporary restraining order against Weinstein Co. The demand was sought by a court-appointed trustee for a defunct video distributor called Genius Products LLC. The studio said in court papers that the order would have created significant hardship for the company and restricted its ability to both raise capital and operate the business.
