AG Eric Schneiderman Reveals Concern On Sale Of Weinstein's Firm

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ALBANY — The state lawyer normal which has been investigating disgraced Hollywood mogul Harvey Weinstein’s previous firm for 4 months, is elevating critical considerations about its imminent sale, the Day by day Information has discovered.

A deal to promote the Weinstein Co. to a bunch of buyers led by ex-President Barack Obama’s head of the Small Enterprise Administration, Maria Contreras-Candy, is alleged to be imminent.

The contract may very well be signed as quickly as Sunday with a proper closing set for 30 days later, a supply mentioned.

AG Eric Schneiderman’s workplace has raised “grave considerations” concerning the chance that former Weinstein Co. Chief Working Officer David Glasser shall be named the CEO of the brand new firm, a supply mentioned.

Scheiderman’s ongoing civil rights investigation into the corporate decided that Glasser was a Weinstein “enabler,” the supply mentioned. A overview of paperwork and interviews with former workers and witnesses led to that conclusion, the supply mentioned.

Actresses Rose McGowan, Ashley Judd and Annabella Sciorra are among the many greater than 100 ladies who’ve accused Weinstein of sexual misconduct starting from harassment to rape. Weinstein was fired from his personal firm and resigned from its board days after the primary allegations grew to become public in October.

The lawyer normal’s workplace is “pushing to get Glasser out of (the brand new firm) and different Weinstein firm executives who could also be given a management position.”

Girls who’ve accused Harvey Weinstein of sexual harassment and assault

Schneiderman is predicted to file a civil rights lawsuit in opposition to the Weinstein Firm in coming days and will observe with a request for a brief restraining order to cease the sale of the corporate if the workplace’s considerations are usually not met, the supply mentioned.

The AG’s workplace in latest days has been in “intense conversations” with Ron Burkle’s Yucaipa Firms, which is backing the acquisition.

“Burkle tried to be within the background, with Contreras-Candy the entrance particular person, though she has no Hollywood expertise,” the supply mentioned. “However in actuality, they’re setting it up so considered one of Harvey’s enablers, one of many individuals who failed to carry Harvey accountable, could be the CEO of the brand new firm, He’s the precise incorrect particular person to be taking management of this firm.”

Schneiderman’s workplace has additionally expressed considerations promised victims compensation fund and a system to take care of future complaints from workers about future sexual harassment complaints could also be insufficient, the supply mentioned.

Yucaipa Firms, Contreras-Candy, and Glasser couldn’t be instantly reached for remark Saturday.

 
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