‘Rust’ production company settles firearm charges with New Mexico safety officials

‘Rust’ production company settles firearm charges with New Mexico safety officials


A worker, who said he came to pick up some equipment, walks toward security guards at the entrance to the Bonanza Creek Ranch film set in Santa Fe, N.M., Monday, Oct. 25, 2021.

Jae C. Hong | AP

Producers of the “Rust” film starring Alec Baldwin announced Friday they will pay a reduced penalty of $100,000 to New Mexico’s Occupational Health and Safety Bureau, settling a civil investigation into the movie-set shooting death of cinematographer Halyna Hutchins.

The final penalty was lowered from an original fine of $136,793 issued last April. The state agency also downgraded the case from the most severe classification, “willful-serious,” to “serious.” The settlement will be finalized 20 days after it is submitted.

“Our top priority has always been resuming production and completing this film so we can honor the life and work of Halyna Hutchins,” said Melina Spadone, an attorney representing the “Rust” production company, in a statement. “Settling this case rather than litigating is how we can best move forward to achieve that goal.”

The producers are planning to continue filming “Rust” this spring and also announced that a documentary on Hutchins will begin production.

New Mexico authorities conducted a series of witness depositions on the matter and released a report in April, claiming that the film’s producers had “failed to adhere” to industry-wide firearm safety standards.

The evidence collected in the investigation has been used by defendants in other cases related to the shooting and to “correct misinformation” in the media, according to a Friday announcement.

The announcement comes a day after Baldwin, who was handling the gun that killed Hutchins, pleaded not guilty and waived his first court appearance, which was scheduled to take place Friday. Along with starring in the film, Baldwin is also a producer.

Baldwin and the film’s armorer Hannah Gutierrez-Reed are facing charges of involuntary manslaughter in an ongoing criminal case. Gutierrez-Reed made her first court appearance on Friday. Baldwin is also facing a civil lawsuit from Hutchins’ parents and sister.



Source

Goldman Sachs acquires ETF firm for  billion in latest deal to bolster asset management division
Business

Goldman Sachs acquires ETF firm for $2 billion in latest deal to bolster asset management division

David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the […]

Read More
The warehouse real estate sector is seeing a rebalance. Here’s what to watch for
Business

The warehouse real estate sector is seeing a rebalance. Here’s what to watch for

A large industrial warehouse features rows of shelves stacked with packages, while two workers in safety gear are walking and inspecting the storage. Utilized space exemplifies efficiency and systematic inventory management. Witthaya Prasongsin | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property […]

Read More
‘To sustain the ride, they started to dilute it’: How Black Friday became a retail letdown
Business

‘To sustain the ride, they started to dilute it’: How Black Friday became a retail letdown

Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the […]

Read More