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Harvey Weinstein Drops Fraud Claims Against Brother Bob Weinstein

Harvey Weinstein discontinued his suit over a $45 million loan guarantee with prejudice without any settlement, leaving only claims against former executives facing motions to dismiss.

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Overview

  • On July 18, Weinstein filed a notice in the New York Supreme Court dropping his fraud and conspiracy claims against Bob Weinstein and barring any future litigation on those allegations.
  • Bob Weinstein did not receive any settlement or paid consideration in exchange for the dismissal, according to his attorney Brian Kohn.
  • The February suit accused Bob Weinstein and former chief operating officer David Glasser of diverting funds from a 2016 $45 million loan guarantee from AI International Holdings.
  • Current litigation now focuses solely on claims against Glasser and ex-accountant Irwin Reiter, both of whom have moved to dismiss the remaining counts.
  • The dispute traces back to The Weinstein Company’s Chapter 11 bankruptcy in March 2018 following widespread misconduct allegations against Harvey Weinstein.