The chances Weinstein Co. can avoid a bankruptcy filing are growing slimmer, as legal issues pile up for the movie studio co-founded by Harvey Weinstein, WSJ Pro Bankruptcy reported. The New York attorney general filed a lawsuit on Sunday tagging top studio executives with liability for Harvey Weinstein’s alleged harassment of women, which may have derailed a buyout offer led by businesswoman Maria Contreras-Sweet. The Weinstein Co. had been close to a deal with Contreras-Sweet’s group before the lawsuit was filed. Representatives for the attorney general’s office, Contreras-Sweet and Ron Burkle’s The Cos., which is backing the deal, are working to set up a meeting that could salvage the sale, a person familiar with the matter said yesterday. As of Monday, however, Contreras-Sweet had not yet decided whether she would go ahead with efforts to buy the studio, in the wake of the New York lawsuit.
