Go magat, go broke - Rudy Giuliani edition
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Rudy Giuliani’s bankruptcy creditors accused the former New York City mayor of paying his girlfriend and her daughter rather than those who are owed money.
Giuliani filed for Chapter 11 bankruptcy in December after a defamation case left him owing nearly $148m to two Georgia election workers. Lawyers for the Committee of Unsecured Creditors - basically those Giuliani owes money - are pleading with the court to appoint a trustee — a move that the former mayor objects to.
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New York judge throws out Rudy Giuliani’s bankruptcy case
A federal judge in New York on Friday threw out Rudy Giuliani’s bankruptcy case, paving the way for a litany of creditors, including two former Georgia election workers who won a $148 million defamation claim against him, to pursue and potentially seize his assets.
The decision by U.S. Bankruptcy Judge Sean Lane in the Southern District of New York comes almost seven months after Giuliani sought bankruptcy protection after he was ordered to immediately pay millions in damages to Ruby Freeman and Shaye Moss, two Georgia women he falsely accused of helping to steal the 2020 presidential election.
In his 22-page order, Lane cited Giuliani’s “continued failure to meet his reporting obligations and provide the financial transparency required of a debtor in possession” and called his behavior “troubling.” It restricts Giuliani from seeking bankruptcy protection for one year.
Ted Goodman, a spokesman for Giuliani, called the decision “yet another example of the effort to punish” Giuliani. “We will continue to pursue justice and we are confident that — in the long run — our system of justice will be restored and the mayor will be totally vindicated,” he said in an email.
Lane’s written ruling came amid claims by Giuliani’s creditors that the former New York mayor and personal lawyer to former president Donald Trump had used the proceedings to hide details about his assets and avoid paying the former election workers.
Friday’s order would allow Freeman and Moss and other creditors to pursue legal remedies to collect money owed to them by Giuliani. It also allows other pending lawsuits against the former mayor that had been frozen by the bankruptcy proceeding to resume, including defamation suits by the voting machine companies Dominion Voting Systems and Smartmatic and a sexual harassment and wage theft claim by former Giuliani associate Nicole Dunphy.
All are part of a committee of “unsecured creditors” that had sought relief in the bankruptcy case.
A committee of other Giuliani creditors had pressed for the bankruptcy case to continue and for a trustee to be appointed to oversee Giuliani’s finances. They argued it would be the only way to get a full and accurate picture of Giuliani’s cash and assets after months in which the former mayor filed inconsistent and incomplete financial statements and failed to turn over financial information about his businesses and other holdings.
But in his Friday ruling, Lane rejected that proposal, saying there was “little reason to conclude” that Giuliani’s “uncooperative conduct will change” even with the appointment of an outside trustee.
“Mr. Giuliani has failed to provide an accurate and complete picture of his financial affairs in the six months that this case has been pending,” the judge wrote. “Transparency into Mr. Giuliani’s finances has proven to be an elusive goal.”
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So, what are they going to get out of him at the end of the day? They won't even recover their legal bills.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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So, what are they going to get out of him at the end of the day? They won't even recover their legal bills.
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If it was about dignity he'd have been declared bankrupt.
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Rudy Giuliani has been held in contempt of court for the second time in a week, as the former New York mayor and top Donald Trump lawyer’s fall from grace continues because of the false information he spread after the 2020 election.
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Rudy Giuliani reached a deal Thursday with two Georgia women who won a $148 million defamation verdict against him that allows him to keep all of his property in exchange for a payment of unknown size — plus a promise to never again defame them.
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In a court filing, lawyers for the women and Giuliani said the settlement “would result in the conclusion of all litigation currently pending between and among the Parties.”
The amount of the compensation was not disclosed. In remarks to reporters outside Manhattan federal court Thursday, a lawyer for Giuliani, Joseph Cammarata, declined to say whether a third party was funding the payment, saying he wouldn’t discuss the “material terms” of the agreement.
Cammarata said the settlement allows Giuliani to keep his Upper East Side apartment and his condo in Palm Beach, Florida, as well as “all his personal belongings.” Those belongings include property a judge already ordered Giuliani to turn over to the women, including watches, a ring, sports memorabilia and a vintage Mercedes-Benz convertible.
https://www.politico.com/news/2025/01/16/rudy-giuliani-georgia-defamation-settlement-00198755
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@89th said in Go magat, go broke - Rudy Giuliani edition:
Maybe Trump will help him out since he caused Rudy's financial collapse.
You should do standup.
