Rudy Giuliani’s bankruptcy has come under fire from creditors including two former Georgia election workers who won a $148 million defamation judgment against him.
FILE - Rudy Giuliani speaks during a news conference outside federal court in Washington, Dec. 15, 2023. Giuliani's creditors, including the two former Georgia election workers who won a $148 million defamation judgment against him, are opposing his attempt to convert his bankruptcy into a liquidation, saying they'll likely ask that the case be thrown out instead because of what they call his flouting of bankruptcy laws.
“Our view is we do not have a good-faith debtor. He has misbehaved every step of the way,” Dublin said about Giuliani. “We think again that the debtor here has been trying to game the system.” If his case is converted to a liquidation, which Giuliani requested on Monday, a trustee would be appointed to take control of his assets and sell many of them off to help pay creditors. If it is dismissed, Freeman and Moss could bring their effort to collect on the $148 million award back to the court in Washington, D.C., where they won their lawsuit, and avoid having to pay more legal fees for bankruptcy court.
When he filed for bankruptcy, Giuliani listed nearly $153 million in existing or potential debts, including almost $1 million in state and federal tax liabilities, money he owes lawyers, and many millions of dollars in potential judgments in lawsuits against him. He estimated he had assets worth $1 million to $10 million.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Georgia election workers who won $148M judgment against Giuliani want his bankruptcy case thrown outRudy Giuliani’s bankruptcy has come under fire from creditors including two former Georgia election workers who won a $148 million defamation judgment against him. The creditors say they'll likely ask next week that the case be dismissed and accuse Giuliani of flouting bankruptcy rules.
Read more »
Rudy Giuliani Calls DA in Georgia Election Case ‘Fani the Ho’Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Rudy Giuliani May Have 9/11 Lung Disease, His Attorney SaysGiuliani's attorney said his future earning capacity is 'limited by both his age and future health.'
Read more »
Rudy Giuliani 'Girlfriend' Bill Looms Over His Bankruptcy CaseCreditors say 'unauthorized' payments have not been justified by the former New York City mayor.
Read more »
Rudy Giuliani’s Coffee Roastery Burke Brands Also Just Went BankruptRudy Giuliani’s looking to a Miami coffee company for cash during his bankruptcy—while it looks to him during its own financial crisis.
Read more »
Rudy Giuliani's mugshot released as he's accused in Arizona's fake electors schemeThe Maricopa County Sheriff's Office released Rudy Giuliani's mugshot on June 10 as he's accused in Arizona's fake electors scheme.
Read more »