The Hollywood Employees Struggle Due to Weinstein Co’s Bankruptcy

The upcoming days might be a tough time for workers in Hollywood and if the deadly Corona expands then there is a chance of a bankrupt situation. If it gets worst then several actors might face quite a loss if their movies or television shows get stalled.

There was an incident that occurred on Friday in the Delaware federal court. The court saw the argument of Weinstein Co bankruptcy where its owner Harvey Weinstein was said to be a serial rapist. After it got bankrupt it sold most of its properties to Spyglass Media for a sum of $287 million.

But the deal did not go well with everyone as some of the celebs and firs who invested in this were not given the agreed profit. Some of the celebs who were part of this are Bradley Cooper, Jennifer Lawrence, Robert De Niro, Quentin Tarantino, Meryl Streep, Bill Murray, and Julia Roberts.

In turn, Spyglass was on fault as an investigation trial Spyglass filed against Silver Linings Playbook producer Bruce Cohen and asked for resolving as their deal was not executed stating that the requirement had been significantly done. If Spyglass’s statement was true then Cohen will be free from deals and claims.