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New York Attorney General throws last minute wrench into Weinstein Company sale




New York Attorney General Eric Schneiderman says he's joining with peers in California and several other states to file a lawsuit to protect the insurers' subsidies.
New York Attorney General Eric Schneiderman says he's joining with peers in California and several other states to file a lawsuit to protect the insurers' subsidies.
Drew Angerer/Getty Images

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Over the weekend, the impending Weinstein Company sale was thrown for a loop when New York Attorney General Eric Schneiderman filed a lawsuit against the studio and its founders.

The lawsuit alleges the Weinstein Company repeatedly violated state sexual harassment laws and fostered a work culture of enabling such behavior. The suit also alleges that employees who enabled this behavior sometimes even became victims themselves.

Vanity Fair's Rebecca Keegan broke down how this new lawsuit has affected the company's fire sale:

"The investors have not run away...yet. They could. It would be understandable if they did, but it's certainly a possibility... A bankruptcy which looked like a possibility in October is looking even more likely for the Weinstein Company. 

Now, remember the company still has a film library in movies like 'Django Unchained,' 'Imitation Game,' and they have their TV shows, 'Project Runway,' so there's a lot of debt. There's a lot of legal issues that plague the company, but there are real assets that are going to end up somewhere."

Plus, the Screen Actors Guild has a new code of conduct covering sexual harassment. The code works to inform employers on how best to handle reporting harassment and how to refrain from engaging in harassing fellow members. This is reflected in the code's slogan: STOP. SUPPORT. REPORT.

For more information on SAG's code of conduct on sexual harassment, click here.



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