Cac Weinstein (NYT) Doesn’t have to admit wrongdoing and doesn’t pay out of his own pocket

[Devilinurear]

DO WE KNOW THAT THE PPL
IN THE RAPE CASES ARENT IN THIS CIVIL CASE?





​

There are only 2 women and they are not in the civil case. They will prob sue him after that would be the smart move.

 

[Wiseborn]

Here's the deal dude not only got around being the dude that initially brought all this heat on everybody, After that first blast of negative press he's been out of the way, but not in hiding some chick called him out surprised that he was allowed at some industry charity event (They took his money) and he wasn't kicked out (she was) I really expected them to convict Cosby then give him post conviction bail assuming that he'd OOF himself. No they took his ass almost directly to jail like he was Meek Mil or somebody.

These delays almost always help the defense. And this dude is sitting on several hundred million can't see a broke chick backing up on her testimony.

I'd be super surprised if dude ever makes the slam.

 

[Wiseborn]

Let me put you onto some game right quick. Corporate insurance policies can be structured to cover just about any kind of bad behavior - from intellectual property theft to sexual harassment and anything in between. Now obviously these cost a lot of money - the sky’s the limit on the premiums. But obviously the premiums are nothing compared to potential losses of one of your execs did some wild shyt and the victim sued the company.

Now, if you or I were working on our houses and did some stupid shyt like mess with the electrical without shutting power at the circuit breaker, causing a fire that destroyed the home, our insurance companies would probably fight or refuse the claim. They don’t give a fuk about the 2000 a year in premiums the avg homeowner pays. What they’re looking to avoid is setting some precedent that they’ll cover losses no matter how negligent the owner may have been.

Now. There is something called reinsurance. Essentially it’s an insurance policy for insurance companies. Insurance companies have to maintain a certain amount of reserves in cash to cover claims but they also take out insurance policies to protect themselves if they have to pay out a large claim. When you’re a business, paying tens/hundreds of thousands if not millions of dollars annually in insurance premiums, the insurance companies do not want to lose you as a customer. So oftentimes even if the insurance company has grounds for deny a claim, they will just pay it by seeking coverage thru their reinsurance policy, just so they don’t lose you as a client. The reason is that they assume (correctly) that these are relatively rare occurrences. Even if they don’t seek coverage they their reinsurance policy they will slowly make it up through higher premiums going forward. The client is unlikely to fire them bc they feel some sort of loyalty and because any new insurance company will see their loss runs (basically history of paid claims by your company) and their premium will be SKY HIGH compared to your original company.

I don't want to dox myself But I can say that if you work for the government They will pay for your legal liability insurance based on some fukk shyt that you might do. The government is gonna limit their exposure to lawsuits.

 

[invalid]

Black men are the only ones doing time out of this whole MeToo ordeal. I literally hate black feminist that have allowed themselves to be bamboozled yet again by white women who use them to turn against black men and yet do not hold their own men accountable.

 

[The Fade]

White Feminism is all about money

Dave Chappelle was right

 

[newworldafro]

Will Oprah produce a documentary on this?

Tweet Gail and ask if O gone make that docu-flick?

 

[BeBorn]

This is America

 

[Dad]

Those are civil cases.

let them know!

 

[newworldafro]

These bytches wanted money all along. Had nothing to do with justice and all that bullshyt

With a lil (30% - 40% fee if we win) advise from their friendly neighborhood counsel

 

[Isaiah Bradley]

These bytches wanted money all along. Had nothing to do with justice and all that bullshyt

Truth. meToo era is a great comeup for alot of no-good bytches eating off the plight of real victims

 

[CapitalOne]

 

[Doobie Doo]

And he doesn't have to pay it out his own pockets




Harvey Weinstein Reaches $25 Million Settlement With Accusers
The disgraced mogul reached an agreement on the same day he went to a court hearing and surprised onlookers by using a walker ahead of his rape trial.

BY YOHANA DESTA

DECEMBER 11, 2019

Harvey Weinstein departs from criminal court after a bail hearing on December 11, in New York City.BY JEENAH MOON/GETTY.

Harvey Weinstein has reached a $25 million settlement with the board of his bankrupt studio and dozens of women who accused him of sexual misconduct, two years after the legal battle first began, according to the New York Times. Per the outlet, the settlement will be shared by more than 30 women who came forth with allegations against the disgraced producer. As part of the agreement, Weinstein will reportedly not have to pay for the deal himself, nor will he have to admit any wrongdoing.

The settlement still needs court approval and a sign off from all the parties involved, the Times notes. It’s part of a larger $47 million settlement to put an end to the complicated suit. Per the reported details of the agreement, Weinstein will not have to foot the bill; rather, the settlement will be paid by the insurance companies that represented the studio, the Weinstein Company. About $12 million from the settlement will go toward paying some of Weinstein’s legal fees, as well as his brother Bob Weinstein, and former TWC board members. Representatives for Weinstein have not yet responded to Vanity Fair’s request for comment.

The report about the settlement arrived just a few hours after Weinstein attended a court hearing to find out the latest decision regarding his bail. Just days after he had to be physically assisted out of the courtroom, Weinstein entered his latest hearing on Wednesday on a walker. At the hearing for the disgraced mogul, who has been charged with numerous sex crimes by the Manhattan District Attorney’s office and will go on trial in 2020, Judge James Burke decided to raise Weinstein’s bail from $1 million cash to $5 million, according to Variety. The decision was made after a hearing on Friday, during which prosecutors argued that Weinstein’s bail should be raised in part because of repeated violations of his ankle monitor.



Weinstein can pay the $5 million cash or a $2 million bond. His lawyers indicated he will choose the latter option, Variety notes. At the Friday hearing, prosecutor Joan Illuzzi-Orbon said Weinstein apparently racked up 57 violations pertaining to the monitoring device, which prompted the team to push for a higher bail.


Get unlimited access to Vanity Fair plus, a free tote.

Join Now

As for the walker, Weinstein has entered into the courtroom with a pronounced limp since the hearings began. However, at the Friday hearing, he appeared even more physically distressed, walking to the courtroom with a cane and then needing to be assisted by two people on the way out. On Wednesday, Arthur Aidala, one of Weinstein’s attorneys, explained the disgraced mogul is set to undergo back surgery on Thursday, after being injured in a car crash in August.

“Mr. Weinstein is [undergoing] a back surgery tomorrow,” he said, per New York magazine. “Recuperation time is one week. His doctors have assured him that this is actually a surgery that’s necessary to relieve pain.”

However, Aidala added, the surgery will not stop Weinstein from proceeding with the trial, which is set to begin January 6, after numerous delays.

“If you have any further medical issues, the court will not be terribly understanding,” Judge James Burke warned, per New York. “The court will issue a warrant for your arrest.”

Weinstein responded that he has “every intention” of being in court. Donna Rotunno, one of Weinstein’s attorneys, said that her client used the walker at the legal team’s insistence: “Mr. Weinstein didn’t want the press to think he was seeking sympathy,” she said. “He’s in pain, he’s having surgery.”

Weinstein has been charged by the Manhattan’s district attorney’s office with five sex crimes that stem from two separate alleged incidents, including rape in the first and third degree (he has denied the claims and pleaded not guilty). He has been accused of sexual misconduct by more than 80 women since October 2017, when the allegations against him were first brought to the surface. He has denied all accusations of nonconsensual acts.

More Great Stories From Vanity Fair

 

[ORDER_66]

So he gets to walk free?!? must be nice to be rich and white...

 

[Bickin Back Being Bool]

 

[ThrobbingHood]

The "chosen" people protected again.