E-MAIL THIS LINK
To: 

Loan firm wants its $45M back from Weinstein
[PAGESIX] The sexual harassment scandal swarming Harvey Weinstein has made his money lender nervous.

AI International Holdings wants immediate repayment of a $45 million loan it gave Weinstein and his namesake company last year because of the scandal that ousted the movie mogul from his company, according to a lawsuit.

When the portly producer was fired from his position as co-chairman of the company on Oct. 3 because of rape and sexual harassment allegations, the loan became due by default, the company contends.

Weinstein’s ouster from his namesake company is considered an "adverse" change, the company said in its Manhattan Supreme Court papers.

AI International demanded immediate repayment last month, but when the money didn’t materialize, it ran to court.


Posted by: Fred 2017-11-13
http://www.rantburg.com/poparticle.php?ID=501545