The Weinstein Company said late on Sunday that the U.S. film studio, whose ex-chairman, Harvey Weinstein, has been accused of sexual harassment and assault, planned to file for bankruptcy in the coming days after talks to sell itself collapsed.
Filing for bankruptcy protection creates more uncertainty about how women who allege they are victims of Weinstein could be compensated.
The scuppered deal had a provision for a victims' fund, but in bankruptcy the women may be treated as unsecured creditors that can recoup only pennies on the dollar for their claims.