His creditors want the right to sell his $6.5 million New York apartment
Former New York City Mayor Rudy Giuliani has complained that his creditors are placing 'onerous punitive and overreaching' conditions on his emergence from bankruptcy.Giuliani's creditors had submitted a proposed set of conditions which they want a New York judge to impose on Giuliani before allowing him to come out of bankruptcy.They want their lawyer, Philip Dublin, to be appointed a trustee over all of Giuliani's finances, with the power to sell Giuliani's $6.
Giuliani does not object to a lien being placed on his East 66th Street penthouse in the name of Global Risk Data LLC 'to ensure they are paid the fees awarded by the court.'In May, the court allowed the creditors to hire Global Risk Data to conduct a forensic accounting investigation into Giuliani's finances.However, Giuliani does not want to transfer $350,000 to Global Risk Data, as was proposed by the creditors.
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