The Weinstein Company Holdings LLC’s bankruptcy plan is an attempt by the company’s insurers to hijack the bankruptcy process to limit their litigation exposure, according to a group of women with sexual abuse claims against the studio and former directors.
Producer Alexandra Canosa and actresses Wedil David and Dominique Huett Thursday urged the U.S. Bankruptcy Court for the District of Delaware to convert the production company’s Chapter 11 case to a trustee-controlled Chapter 7.
The pending restructuring proposal “permits the insurance companies to re-write existing policies and offer a fraction of policy coverage that is available,” they said in a ...
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