Judge grants initial motions in Weinstein Co. bankruptcy
By RANDALL CHASE, Associated Press
Mar 20, 2018 5:52 PM CDT
FILE - In this Jan. 8, 2017, file photo, Harvey Weinstein arrives at The Weinstein Company and Netflix Golden Globes afterparty in Beverly Hills, Calif. New York's governor on Monday, March 19, 2018, directed the state's attorney general to review the 2015 decision by the Manhattan district attorney's...   (Associated Press)

DOVER, Del. (AP) — A Delaware bankruptcy judge has issued initial orders allowing the Weinstein Co. to continue paying its bills and working toward a sale of most of its assets.

The judge's rulings Tuesday include interim approval for the company to borrow up to $25 million to see it through bankruptcy.

A private-equity firm has offered $310 million cash for Weinstein Company assets and to assume about $125 million in project-related debt.

The company sought bankruptcy protection Monday amid a sexual misconduct scandal that brought down co-founder Harvey Weinstein and triggered a nationwide movement to address predatory sexual behavior and harassment in the workplace.

A Weinstein Company attorney says the bankruptcy is not about trying to protect Harvey Weinstein, but doing what is best for creditors and employees and keeping the company operating.