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The Weinstein Company, the studio co-founded by disgraced movie mogul Harvey Weinstein, has filed for bankruptcy and torn up legal contracts that kept sexual harassment victims from speaking out.The company said late Monday that it will release victims of, and witnesses to, Weinstein's alleged misconduct from any non-disclosure agreements."Effective immediately, those 'agreements' end," the company said in a statement. "No one should be afraid to speak out or coerced to stay quiet," it added.The Weinstein Company was crippled by the sexual harassment and assault allegations first made against Weinstein last year.Now the studio has reached a deal with the private equity firm Lantern Capital Partners. Lantern is looking to acquire Weinstein Co. through the bankruptcy process.The initial bankruptcy paperwork was filed on Monday night."While we had hoped to reach a sale out of court, the Board is pleased to have a plan for maximizing the value of its assets, preserving as many jobs as possible and pursuing justice for any victims," Bob Weinstein, Harvey Weinstein's brother and chairman of the company, said in a statement provided to CNNMoney.Other bidders could come forward and try to top Lantern's bid for the Weinstein Co. assets.The filing estimates the Weinstein Co. businesses are valued between 0 million and billion.New York Attorney General Eric T. Schneiderman had been pushing for this outcome for several months."This is a watershed moment for efforts to address the corrosive effects of sexual misconduct in the workplace," Schneiderman said Monday night. "The Weinstein Company's agreement to release victims of and witnesses to sexual misconduct from non-disclosure agreements -- which my office has sought throughout this investigation and litigation -- will finally enable voices that have for too long been muzzled to be heard."To date, dozens of women have accused Weinstein of abuse, following reports in the New York Times and the New Yorker last year about his treatment of women, including some of those with whom he's worked. Weinstein has been accused of rape, assault and other forms of sexual misconduct.He sought treatment after the allegations were made public. Through a representative he has repeatedly denied allegations of "non-consensual sex."Monday night's press release from the company said Weinstein Co. "regrets that it cannot undo the damage Harvey Weinstein caused, but hopes that today's events will mark a new beginning."The bankruptcy filing came after a deal to sell the studio's assets fell apart earlier this month.An investment group led by Maria Contreras-Sweet, the former head of the U.S. Small Business Administration, had been close to acquiring all of the company's assets for 0 million but negotiations fell apart at the last minute.Schneiderman's office had been helping to mediate the deal talks.Schneiderman's civil suit against Weinstein Co., Bob Weinstein, and Harvey Weinstein remains active and the investigation is ongoing, his office said Monday.The bankruptcy was announced on the same day New York Gov. Andrew Cuomo directed Schneiderman to review the Manhattan district attorney's handling of a 2015 sexual abuse case involving Weinstein.This week's New York magazine features a story questioning why D.A. Cyrus Vance Jr. hasn't prosecuted Weinstein.Time's Up, the female-led organization formed in the aftermath of the Weinstein scandal, responded to the story by calling for a probe into Vance and his office "to determine the facts related to the decision not to prosecute Harvey Weinstein for sexual abuse crimes against one of his accusers, Ambra Battilana."Back in October, The New Yorker?released an audio recording of Weinstein speaking with young model Ambra Battilana Gutierrez as part of a 2015 sting operation. The NYPD set up the sting after Gutierrez told authorities that Weinstein groped her the day before.In the recording, Weinstein makes potentially incriminating comments to Gutierrez, but he was not arrested or charged with a crime at the time.After the tape's release, the New York Police Department and the Manhattan DA's office traded public finger-pointing. But on Monday, Vance and the NYPD released a joint statement reiterating their shared commitment to investigate and prosecute sexual assault cases.Vance has also faced criticism for accepting a ,000 donation from David Boies, an attorney who has represented Weinstein, in August 2015, according to campaign financial disclosure forms from the New York State Board of Elections.Vance's office said Monday that "our investigation of Mr. Weinstein is active and ongoing."That response didn't seem to satisfy Cuomo. He answered Time's Up's call and referred the matter to Schneiderman's office, instructing the A.G. to review Vance's handling of the Battilana case "in a way that does not interfere with the current investigation..."Schneiderman welcomed the opportunity, saying, "We are committed to pursuing a full, fair, and independent review of this matter."The-CNN-Wire 5076

The Swan Dive in Toronto was preparing to close at the beginning of December due to the pandemic, and with little to no revenue, the bar’s owner did not know how long the bar would be able to pay for its rent.Within days after announcing to the community that the bar would be forced to closed due to the pandemic, customers came and bought the bar’s entire stock of beers. Now it appears the bar, unlike many other small businesses in Toronto, will have a chance to reopen in the future.The Swan Dive now hopes to reopen in February, with occasional days as a to-go bottle shop between now and then."We were blowing through our savings and I wasn't sure if I was going to be able to pay rent towards the end of the month," bar owner Abra Shiner told CNN. "So, I wrote on Facebook asking people to come buy the beer we had in our stock room ... and it worked. The post went viral."Shiner told CNN that the sales coupled with government subsidies will allow the bar to survive until March. 996

The Wisconsin State Patrol pulled a driver of a sedan on Sunday because officers deemed the car was not safely transporting a snowmobile that the driver had tied to the top.The driver was on US 63 in Polk County when police flagged them down. The state trooper managed to get a photo of the vehicle.That photo was shared with the Wisconsin Department of Transportation (DOT), who then shared it on their Facebook page."Don't try this at home," the DOT said in the post. 477

The Supreme Court ruled in favor of Booking.com Tuesday in a landmark trademark case.In an 8-1 decision, the Supreme Court upheld a lower court ruling that determined that Booking.com is not a generic trademark because the term held meaning with consumers.Justice Stephen Breyer, a liberal judge, was the lone dissenting opinion.Other businesses including Cars.com, Dictionary.com, Newspapers.com and Wine.com said the outcome in the case would affect their ability to trademark their names too. 503

The three main wildfires raging in California have expanded rapidly, devouring virtually everything in their paths.One fire burned an area equivalent to the size of a football field every second during a period Thursday into Friday.Intense winds and low humidity are feeding the flames. So is very dry vegetation, as much of California has seen gotten than 5% of its normal rainfall over the last month.Here are some other startling facts about the fires:  469