New York’s attorney general is seeking an unspecified sum as compensation for Weinstein’s victims. AFP / Yann COATSALIOU
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Disgraced Hollywood mogul Harvey Weinstein's former company has announced it will file for bankruptcy, complaining that talks with frontrunner investors to buy the troubled studio had collapsed, leaving it with "no choice" but to go to the wall.Schneiderman said any deal should embody three principles: adequate compensation for victims, protection for employees and the removal of executives who had been complicit in Weinstein's misconduct for 12 years.In a two-page letter to Contreras-Sweet dated Sunday, the company's representatives said they had worked "tirelessly" to accommodate Schneiderman's principles.Weinstein resigned from the board of the company just days after the accusations began.Since the scandal flared, dozens of civil suits have been brought against Weinstein and the company, mostly by women who accuse him of sexual misconduct.
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