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Weinstein Accusers, Creditors Vote in Favor of Settlement Plan

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More than 82 percent of sexual malpractice claims and 96 percent of general unsecured creditors cast ballots to accept the proposed settlement.

Nearly 40 women with sexual misconduct claims against Harvey Weinstein voted to accept the settlement agreement presented as part of the Weinstein company’s bankruptcy proceedings.

The proposed settlement includes a $ 17 million sexual malpractice claim fund that will be split by a claims examiner using a point system. It also includes another $ 8.4 million for bankruptcy claims related to sexual harassment. US Bankruptcy Judge Mary F. Walrath approved the protocol in November to send the deal to the plaintiffs for one vote.

He said the deadline for filing a ballot was December 18, and subsequent lawyers for Pachulski Stang Ziehl & Jones reviewed each of them to see if the person had allegedly conducted conduct that would give rise to a claim of sexual misconduct, the court said. According to a report on Thursday

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The lawyers used documents related to the claims as well as such things as publicly recorded complaints, news articles, and media interviews to evaluate the claims. If they cannot immediately verify that the person has a valid claim, they request a meeting to confirm that person is eligible to vote.

According to court documents, 48 ​​people with claims of sexual misconduct claimed ballots and 39 of them voted in favor of the deal. Three of the ballots were considered invalid, two in favor of the deal and one opposed. Either way, the approval rate is above 82 percent.

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Of the 84 ballots with general unsecured claims against the company, 81 accepted the proposed plan.

Attorneys for several women, who accuse Weinstein of sexual abuse, have publicly criticized the settlement, and many of them have lodged formal objections to the settlement. A confirmation hearing is currently scheduled for 14 January.

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