Skip to main content

Harvey Weinstein's company set to file for bankruptcy

Harvey Weinstein 

The Weinstein Co.’s board of directors says the company is expected to file for bankruptcy protection after a last-ditch talks to sell its assets collapsed.  


This comes after disgraced movie mogul Harvey Weinstein who co-founded the company in 2005 was fired last October after being accused of sexual assault and harassment by dozens of women.

Weinstein Co. has been searching for a financial savior ever since. Weinstein has denied all allegations but the Los Angeles Times reports the board said Sunday night it has no choice but to pursue bankruptcy.

The decision came after the board was unable to revive a deal to sell the struggling studio for about $500 million to an investor group.  As part of the pact, the bidders had promised to raise at least $40 million for a fund to compensate Weinstein’s accusers.

Comments

Post a Comment

Popular posts from this blog

Watch shocking video which shows a Filipino maid being sexually harassed by her Saudi Arabia boss

  A Filipino maid living and working in Makkah, Saudi Arabia shared this shocking video of her boss sexually harassing her while she was busy in the laundry room.
Post a Comment
Read more

21 year old model has 4.4m Instagram fans thanks to her natural curves (photos)

21-year-old top Russian model Anastasia Kvitko has amassed a whopping 4.4million followers on Instagram thanks to her eye whopping shape that includes natural boobs and bum that has seen her being compared to Kim Kardashian. Anastasia, who has been dubbed 'Russia's Kim K' has now moved to Los Angeles to pursue her modelling career boasting a 38-25-42 figure. According to MailOnline she said:  "'I like Kim Kardashian but I don't quite like being compared to her - she is far behind me."  My body is sporty, my hip muscles are trained, my bottom is the most beautiful one, and I have not done any plastic surgeries on my face." While some fans speculate that Anastasia's figure is down to surgery, she claims to be completely natural. '''I like to see bosoms and bottoms, I don't like over slim girls. But you have to be careful with American girls. They often go through surgeries and pour fat into their bottoms taken from...
Post a Comment
Read more

Chrissy Teigen shares up-close look at stretch marks on her thighs... (photos)

The 30 year old model and television personality who most times is transparent about how her body looks took to snapchat to share an up-close look at stretch marks on her thighs four months after giving birth to her daughter, Luna Simone Stephens.  The Lip Sync Battle co-host who is married to musician John Legend,  proved that she is just like most ladies after child birth when she posted the Snapchat clip showing her stretchmark. She captioned it  'lol my thighs have tributaries.' with a 'crying' emoji face.   More photos after the cut.   
Post a Comment
Read more