▁him ▁of ▁sexual ▁har ass ment , ▁assault ▁or ▁ra pe . ▁ ▁On ▁February ▁ 2 6 , ▁ 2 0 1 8 , ▁The ▁Wein stein ▁Company ▁announced ▁in ▁a ▁statement ▁that ▁it ▁would ▁declare ▁bank rupt cy ▁following ▁the ▁collapse ▁of ▁a ▁buy out ▁deal ▁with ▁an ▁invest or ▁group ▁led ▁by ▁Maria ▁Con tr eras - S weet . ▁However , ▁the ▁T W C ▁board ▁and ▁the ▁invest or ▁group ▁confirmed ▁on ▁March ▁ 1 , ▁ 2 0 1 8 , ▁that ▁they ▁had ▁reached ▁a ▁deal ▁in ▁which ▁T W C ▁would ▁sell ▁all ▁of ▁its ▁assets ▁for ▁US $ 5 0 0 ▁million . ▁On ▁March ▁ 6 , ▁ 2 0 1 8 , ▁the ▁ac quisition ▁deal ▁col lapsed ▁again ▁after ▁the ▁studio ▁had ▁an ▁extra ▁deb t ▁of ▁US $ 5 0 ▁million ▁revealed . ▁The ▁company ▁file d ▁for ▁Chapter ▁ 1 1 ▁bank rupt cy ▁on ▁March ▁ 1 9 , ▁ 2 0 1 8 . ▁On ▁May ▁ 1 , ▁ 2 0 1 8 , ▁Lan tern ▁Capital ▁emer ged ▁as ▁the ▁winner ▁of ▁the ▁studio ' s ▁bank rupt cy ▁au ction . ▁ ▁History ▁ ▁Early ▁years ▁The ▁Wein stein ▁Company ▁launched ▁on ▁March ▁ 1 5 , ▁ 2 0 0 5 ▁after ▁Har vey ▁and ▁Bob ▁Wein stein ▁left ▁Mir am ax ▁Films , ▁which ▁they ▁co - f ounded ▁in ▁ 1 9 7 9 . ▁They ▁retained ▁ownership ▁of ▁Dim ension