U.S. film and TV studio The Weinstein Company, whose ex-chair Harvey Weinstein has been accused of sexual harassment and assault, said on Monday it filed for bankruptcy and was ending all non-disclosure agreements that may have silenced some women. The company has been reeling since late last year due to serial sexual misconduct allegations against ousted co-chairman Harvey Weinstein. Non-disclosure agreements endThe Weinstein Company said in a statement it entered into a "stalking horse" agreement with a Lantern Capital affiliate that would purchase substantially all of the assets of the company. "Since October, it has been reported that Harvey Weinstein used non-disclosure agreements as a secret weapon to silence his accusers. In February, New York Attorney General Eric Schneiderman sued The Weinstein Company, Harvey Weinstein and his brother Bob Weinstein, alleging that Harvey Weinstein sexually harassed employees and the company failed to respond.

Source: CBC News March 20, 2018 04:47 UTC