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Court approves $17 million payout for Harvey Weinstein's victims

U.S. Bankruptcy Judge Mary Walrath approved the plan after a hearing that was held in Delaware, saying that without the settlement, Weinstein`s victims would get "minimal, if any, recovery."

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Harvey Weinstein Picture Courtesy: AFP

Harvey Weinstein Picture Courtesy: AFP

A US bankruptcy court judge has approved a $17 million payout to women who accused the disgraced movie mogul Harvey Weinstein of sexual misconduct.

This comes nearly three years after the Weinstein Company declared bankruptcy, reported Variety. The plan, which has recently gotten approved, also provides $9.7 million to the former officers and directors of the company, allowing them to pay a portion of their legal bills over the past several years.

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