Harvey Weinstein says he was duped into guaranteeing $45M loan, sues brother and other movie execs

Harvey Weinstein says he was duped into guaranteeing $45M loan, sues brother and other movie execs
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Harvey Weinstein says he was duped into guaranteeing $45M loan, sues brother and other movie execs
Author: Dave Collins
Published: Feb, 14 2025 20:56

Summary at a Glance

Ansari alleged Bob Weinstein and others at The Weinstein Co. were in on a plot to position Harvey Weinstein for a downfall in an attempt to seize control of the company, which went bankrupt in 2018 as the sexual misconduct scandal surrounding Harvey Weinstein exploded.

According to Harvey Weinstein, Bob Weinstein and Glasser settled their liability for the loan with AI International for about $15 million due to “bad faith negotiations,” leaving Harvey Weinstein responsible for the remaining $30 million plus interest.

“Harvey Weinstein was deceived by those closest to him, and secured a $45 million dollar loan under the pretense of saving The Weinstein Company,” Imran Ansari, Harvey Weinstein's lawyer, said in a statement.

Jailed and disgraced movie mogul Harvey Weinstein alleges in a new lawsuit that his brother, Bob Weinstein, and other executives at their now-defunct film company duped him into guaranteeing a $45 million loan in 2016, but diverted funds for their own personal use while setting the stage for his downfall.

Former Weinstein Co. chief operating officer David Glasser, now chief executive of 101 Studios, known for its production of Paramount's popular series “Yellowstone,” is also named in Harvey Weinstein's lawsuit.

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