News: Weinstein Co. Bankruptcy Threat or Sale Looms as Leadership Divided Over Fate of Company (EXCLUSIVE)

Amid associate exodus of business partners, board members and inventive talent, leaders of the embattled Weinstein Co. ar divided over future step for the corporate that has been agitated to the core by explosive allegations of sexual abuse and harassment at the hands of its co-founder and former co-chairman William Harvey Weinstein. trade observers same some kind of bankruptcy reorganization is changing into progressively seemingly because the company’s prospects deteriorate. TWC co-chairman Bob Weinstein and COO David Glasser ar same to be advocating a batten-down-the-hatches strategy whereas the firm employed to analyze the growing range of claims regarding William Harvey Weinstein’s alleged misconduct completes its work. Sources same the 2 believe they'll be guiltless of accusations that they knew of the worst allegations against William Harvey. however different TWC board members ar same to be pushing for the corporate to start an acquisition method. Another state of affairs ...