Giuliani is facing growing pressure from creditors who accuse him of covering up his assets, his unknown earnings from a coffee deal, and reckless spending.
Giuliani filed for bankruptcy protection after a $148 million defamation verdict against him by two Georgia election workers, and now creditors will step into court in the hope they can convince a judge to let a third party handle his assets.. Giuliani’s bankruptcy halted the Georgia election workers’ $148 million award, and Chapter 11 bankruptcy enabled him to remain in control of his assets.
“These incessant court filings are part of a larger effort to bully the mayor into silence through lawfare and a public smear campaign,” Ted Goodman, an adviser to Giuliani, said in a statement. “Mayor Rudy Giuliani—one of America’s most effective federal prosecutors in history—won’t be bullied into capitulation by a concerted effort by bad-faith actors to silence the mayor and anyone else willing to take on the permanent Washington political class.
“I am disturbed about the status of this case. The question is, as it always is in bankruptcy court, where do we go from here?” Lane said.
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