Love is all colors

The Weinstein Company files for bankruptcy, staff no longer sworn to secrecy

Photo credit: Kathy Hutchins / Shutterstock.com

The Weinstein Company – founded by brothers Harvey and Bob Weinstein back in 2005 – has officially fallen apart and filed for bankruptcy, following the constant sexual assault headlines involving Harvey Weinstein.

As well as filing for bankruptcy, the Weinstein Company – which fired Harvey Weinstein as soon as the allegations started last year – has also released all of its employees from their secrecy agreements, which could lead to some huge revelations.

“Today, the Company also takes an important step toward justice for any victims who have been silenced by Harvey Weinstein,” read a statement from the company.

“Since October, it has been reported that Harvey Weinstein used non-disclosure agreements as a secret weapon to silence his accusers. Effective immediately, those ‘agreements’ end.

“No one should be afraid to speak out or coerced to stay quiet. The Company thanks the courageous individuals who have already come forward. Your voices have inspired a movement for change across the country and around the world.”

The staff’s freedom from the non-disclosure agreement is the work of New York attorney general Eric Schneiderman, who filed a lawsuit against the company on behalf of its employees.

“The Weinstein Company’s agreement to release victims of and witnesses to sexual misconduct from NDAs will finally allow voices that have too long been muzzled to be heard—something my office has sought from the start,” Eric Schneiderman wrote on Twitter.

We’ll be sitting tight, waiting to hear if any employees take advantage of their newfound voices.