The investors pulled out of the deal after discovering tens of millions of dollars in undisclosed debt. The Weistein Company says it will continue to pursue an orderly bankruptcy process to maximise its value.
A deal with an investor group led by a former Obama administration official collapsed despite a last-minute push to make it palatable to New York prosecutors, who were demandingg adequate redress for Harvey Weinstein's victims.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2019 TRT World.