There’s debate about whether the women bringing allegations against Harvey Weinstein will fare better financially if Weinstein Co. finds a buyer who doesn’t require the studio file for bankruptcy protection, as the troubled company weighs several offers, the Wall Street Journal reported. A chapter 11 filing would halt lawsuits brought by women against the studio, forcing them to line up with low-ranking creditors to await their fate. Once the money from a sale comes in, bankruptcy law dictates who gets paid first — the banks that kept Weinstein Co. in business — and who gets paid last — the women claiming that Weinstein Co. was part of Weinstein’s pattern of alleged sexual misconduct. Weinstein has denied allegations of non-consensual sex. If the studio files for bankruptcy, it would only halt civil lawsuits against the company, not those filed against Weinstein, individually.
