LOS ANGELES (CA)
Variety
March 30, 2018
By Gene Maddaus
The unsecured creditors in the Weinstein Co. bankruptcy have hired Pachulski Stang Ziehl & Jones, a firm that has represented sexual abuse victims in a dozen bankruptcies involving the Catholic Church.
The five-member committee of unsecured creditors includes two alleged victims of Harvey Weinstein’s abuses: his former assistant Sandeep Rehal and former actress Louisette Geiss. The committee also includes WME, Cinedigm, and Light Chaser Animation, a Chinese animation studio. Geiss, who filed a suit alleging that Weinstein tried to force her to watch him masturbate in 2008, will chair the committee.
James Stang, a partner at the firm, will be among the attorneys representing the unsecured creditors. The committee’s goal will be to maximize the value of the Weinstein Co. estate in order to get the greatest possible recovery. The firm’s involvement is a sign that the committee may take an aggressive approach, possibly even suing Harvey Weinstein to recover funds that he may owe the company.
“It is not unusual in a bankruptcy case that one would look for assets that may be recoverable,” Stang told Variety in an interview. “The committee is going to look at potential liability of third parties, other than the Weinstein Co., and that would include Harvey Weinstein. That’s a given.”
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