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marmar

(77,106 posts)
Thu Dec 21, 2023, 09:43 PM Dec 2023

The Eye-Popping Details of Rudy Giuliani's Bankruptcy Filing

The Eye-Popping Details of Rudy Giuliani’s Bankruptcy Filing
Trump’s former lawyer may be liable for up to $500 million in unpaid debts.

Dan Friedman
Senior Reporter


(Mother Jones) Rudy Giuliani filed for bankruptcy on Thursday, a step he said was unavoidable after he was ordered to pay $148 million to two former Georgia election workers he defamed by falsely accusing them of election fraud. The former New York mayor’s Chapter 11 filing was no surprise. It came the day after federal district court judge Beryl Howell ordered Giuliani to immediately pay Ruby Freeman and her daughter Shaye Moss before entering an appeal regarding the award.

....(snip).....

The man once known as “America’s mayor” has now become arguably the country’s best-known debtor. Among the debts cited in Giuliani’s filing today are legal bills going back to his role as Donald Trump’s personal lawyer, in the former president’s first impeachment, along with mounting legal fees from his involvement in Trump’s effort to use election fraud lies to steal the 2020 election. Obviously, Giuliani is unable to pay Moss and Freeman $148 million. His personal lawyer and friend, Robert Costello, is suing Giuliani for $1.4 million in unpaid legal fees. Giuliani also reports about $3.5 million in additional debts to lawyers.

....(snip)....

The IRS in August filed a $549,435 tax lien against Giuliani for the 2021 tax year, and his bankruptcy petition says he now owes a total of about $989,000 in unpaid taxes. He also cites “unknown potential obligations” to Dominion and Smartmatic voting machine companies who have sued him for defamation, and to Hunter Biden, who has sued Giuliani for violating his privacy by “hacking into, tampering with, manipulating, copying, disseminating, and generally obsessing over” material on Hunter’s laptop. He also cites potential obligations to Noelle Dunphy, a former employee who has sued Giuliani for “sexual assault and harassment, wage theft,” and “rape.”He denies those allegations and well as claims in other suits against him.

Giuliani’s overall liabilities? An estimated $100 million to $500 million. He says his assets total between $1 million and $10 million. ................(more)

https://www.motherjones.com/politics/2023/12/the-eye-popping-details-of-rudy-giulianis-bankruptcy-filing/




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The Eye-Popping Details of Rudy Giuliani's Bankruptcy Filing (Original Post) marmar Dec 2023 OP
Rudy, Rudy, Rudy.... Blue Owl Dec 2023 #1
How does any bank loan money to anyone... Grins Dec 2023 #2
Take a wild guess orangecrush Dec 2023 #6
He is fucked. Broke ass will have to sell denture photos on Onlyfans, or turn tricks in the alley behind Four Seasons Comfortably_Numb Dec 2023 #3
womp womp WhiteTara Dec 2023 #4
Waiting for him to sue drumpf JoseBalow Dec 2023 #5
At a bare minimum, I hope Ruby Freeman and Shaye Moss will be able to seize is New York Condo. NNadir Dec 2023 #7

Grins

(7,245 posts)
2. How does any bank loan money to anyone...
Thu Dec 21, 2023, 11:47 PM
Dec 2023

…with a liability to assets ratio 50:1?

(And who are they?)

Comfortably_Numb

(3,841 posts)
3. He is fucked. Broke ass will have to sell denture photos on Onlyfans, or turn tricks in the alley behind Four Seasons
Thu Dec 21, 2023, 11:52 PM
Dec 2023

Total Landscaping company. Put those DSLs to good use Rudolph.

NNadir

(33,580 posts)
7. At a bare minimum, I hope Ruby Freeman and Shaye Moss will be able to seize is New York Condo.
Fri Dec 22, 2023, 12:00 PM
Dec 2023

A little homelessness should give Rudy a perspective on the lives of all those people he trashed.

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