According to the new proposal, about $ 30 million would go to a pool to pay the prosecutors, their lawyers, creditors of Mr. Weinstein's former study and some former employees, according to five persons informed in the case that spoke on condition of anonymity because the agreement was private.
The remaining $ 14 million covers legal fees for associates of Mr. Weinstein, named as the defendant in litigation, including the company's board members, said these.
Insurance policies would cover a full $ 44 million if the current deal was terminated, they said.
The proposed agreement would eliminate civil liability for Mr. Weinstein and the company's board, except in a trial instituted by actor Ashley Judd, who was never part of the negotiation negotiations, said another person familiar with the negotiations. Under the provisional agreement, Mr. Weinstein also abandon his claim against the insurance companies for the costs of his criminal defense.
The company's board members, including Mr. Weinstein's brother and business partner, Bob Weinstein, had to pay 30 percent of their own legal fees, the person said. No additional payments are required.
"The proposed deal would give millions of dollars to Weinstein Company 's ultra – wealthy directors, such as James Dolan and their large company lawyers," said David & # 39; s lawyers Douglas H. Wigdor and Kevin Mintzer in a statement on Friday.