This #metoo option is a win for #freedomtochoose. Each victim chooses her own path forward; Harvey Weinstein will *not* be automatically released from liability w/TWC’s restructured BK proposal. Want to continue individual litigation? OK! Prefer to opt into a settlement? OK! https://twitter.com/bethfeganjd/status/1300856475162677250
The #Miramax-era HW victims have a pending Motion for Judgment filed in #SDNY federal court. The reduction of the Sexual Misconduct Fund reflects the lack Miramax-era insurance policy contributions, since this a revised TWC Ch.11 BK plan! #freedomtochoose #metoo #TIMESUP
Contrary to the statements made by @DEADLINE @DeadlineDominic, this revised Ch.11 plan will not result in automatically releases. The victims named CAN CHOOSE TO OPT OUT and pursue litigation against any and all of the defendants *if they choose*. #freedomtochoose #metoo
Also @DeadlineDominic @DEADLINE the objecting atty also filed a motion in support of TWC’s conversion to Ch 7 BK. If granted, the same parties (media orgs, et al) that he complains will receive payouts under the revised Ch 11, will be paid under his request for Ch. 7 conversion.
Additionally @DeadlineDominic @DEADLINE the issues identified by Judge Hellerstein in his response to the first settlement proposal are seemingly cured in the rev Ch. 11 BK proposal; I see neither the same proposal nor an attempted runaround #MeToo #freedomtochoose #FactsFirst
Cc @Variety & @GeneMaddaus’ published article as well. Any TWC-era victim can opt out if she chooses! The $7M reduction your headline cited is misleading; the $7M was from and for the benefit of Miramax victims (*this is a TWC BK and TWC-era survivor fund*) #factsfirst
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