Rudy Giuliani’s bankruptcy filing, spurred by a multimillion-dollar verdict against him for defaming two Georgia election workers, has provided fresh insight into the former New York City mayor’s finances.
A federal jury in Washington, D.C. in December ordered Giuliani to pay Ruby Freeman and Shaye Moss a whopping $148 million for baselessly claiming they engaged in widespread voter fraud after the 2020 election. Days later, he filed for bankruptcy, acknowledging the severe strain the penalty put on his finances.
His bankruptcy judge late Tuesday allowed the longtime ally of former President Trump to appeal the defamation verdict but in the meantime, his bankruptcy proceeding has cracked Giuliani’s finances wide open, shedding light on his debts and overall standing.
That standing includes thousands of dollars in taxes and credit card debt and millions more he could owe to voting technology companies Dominion Voting Systems and Smartmatic if he’s found to have defamed them, too.
This is the best summary I could come up with:
Rudy Giuliani’s bankruptcy filing, spurred by a multimillion-dollar verdict against him for defaming two Georgia election workers, has provided fresh insight into the former New York City mayor’s finances.
A federal jury in Washington, D.C. in December ordered Giuliani to pay Ruby Freeman and Shaye Moss a whopping $148 million for baselessly claiming they engaged in widespread voter fraud after the 2020 election.
On top of all that, several lawsuits seek “unknown” claims, including from Dominion, Smartmatic, Hunter Biden, the president’s son and Noelle Dunphy, who accused Giuliani of sexual assault and harassment.
The money is owed by both the campaign and the Republican National Committee (RNC), not the former president himself, Giuliani told creditors and the Justice Department’s bankruptcy oversight arm during a Feb. 7 hearing, according to Bloomberg Law.
As Giuliani appeared to face a cash crunch even before his bankruptcy, questions had swirled as to how the former New York City mayor was paying attorney Joseph Sibley to represent him in the Georgia election workers’ defamation case and another lawsuit.
“[I]t is the height of irony that the first substantive relief sought by Mr. Giuliani in his chapter 11 case—to be heard on an expedited basis no less—is a motion to lift the automatic stay so that he can pursue an appeal in the Freeman Litigation,” the election workers’ attorneys wrote in their objection.
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