After a previous deal to sell the company fell through, The Weinstein Company officially files for bankruptcy. The Weinstein Company filed for bankruptcy, while entering into a “stalking horse” agreement with an affiliate of Lantern Capital Partners, a Dallas-based private equity company, according to a company statement released late Monday. Notably, the board also said it would release any non-disclosure agreements enacted by beleaguered co-founder Harvey Weinstein. The move to file for bankruptcy comes after a previous deal to sell the company fell through on March 6. Ref. USAToday.
Movie mogul Harvey Weinstein turns himself into New York City police to face sex-crime charges. Weinstein will face charges in connection with raping one woman and forcing another to perform oral sex on him, according to media reports. One case involves charges of first-degree and third-degree rape and the second includes a charge of first-degree criminal sex act. Ref. USAToday.