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Rudy Giuliani files for bankruptcy days after being ordered to pay $148 million in defamation case
The Associated Press ^ | December 21, 2023 | Larry Neumeister

Posted on 12/21/2023 11:13:53 AM PST by Trump20162020

Rudy Giuliani has filed for bankruptcy, days after being ordered to pay $148 million in a defamation lawsuit brought by two former election workers in Georgia who said his targeting of them led to death threats that made them fear for their lives.

In his filing Thursday, the former New York City mayor listed nearly $153 million in existing or potential debts, including close to a million dollars in tax liabilities, money he owes his lawyers and many millions of dollars in potential legal judgements in lawsuits against him. He estimated his assets to be between $1 million and $10 million.

The biggest debt is the $148 million he was ordered to pay a week ago for making false statements about the election workers in Georgia stemming from the 2020 presidential contest.

(Excerpt) Read more at apnews.com ...


TOPICS: Crime/Corruption; US: Georgia; US: New York
KEYWORDS: 2020; bankrupt; bankruptcy; giuliani; rudygiuliani
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1 posted on 12/21/2023 11:13:53 AM PST by Trump20162020
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To: Trump20162020

America’s Mayor bankrupted by a pair of election criminals.

Hope all the apologists for The Big Steal are happy. We all saw what those two did, and it wasn’t “business as usual”.


2 posted on 12/21/2023 11:15:57 AM PST by Regulator (It's fraud, Jim)
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To: Trump20162020

Why not just send him to the gulag?


3 posted on 12/21/2023 11:16:15 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: Trump20162020

Wouldn’t $148 MILLION be an “excessive fine” under the 8th amendment?


4 posted on 12/21/2023 11:16:32 AM PST by cotton1706
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To: Trump20162020

Exactly what I would have done so screw the Courts...


5 posted on 12/21/2023 11:17:48 AM PST by dpetty121263
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To: Trump20162020

So sad to see this happen to a man who did so much to improve New York City and to fight REAL crime.


6 posted on 12/21/2023 11:18:02 AM PST by SamAdams76 (6,508,933 Truth | 87,456,907 Twitter)
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To: SamAdams76

No good deed goes unpunished.


7 posted on 12/21/2023 11:18:28 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Trump20162020

When did the plaintiffs prove they were damaged? And how?


8 posted on 12/21/2023 11:18:29 AM PST by subterfuge (I'm a pure-blood!)
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To: cotton1706

Especially since it was a default judgement after a very odious discovery.


9 posted on 12/21/2023 11:18:37 AM PST by struggle
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To: cotton1706

Wouldn’t $148 MILLION be an “excessive fine”

Ask Alex Jones


10 posted on 12/21/2023 11:19:02 AM PST by Zack Attack (✔)
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To: subterfuge
When will lawfare stop?
11 posted on 12/21/2023 11:19:40 AM PST by ActresponsiblyinVA
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To: Zack Attack

Is he really going to end up broke? Isn’t this to avoid payment?


12 posted on 12/21/2023 11:20:25 AM PST by DIRTYSECRET
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To: Trump20162020

Where are all the GOP trying to play MAGA castigating this textbook lawless fascism?

They’re MAGA yet when it comes to law and order-it’s all about Trump loyalty! not a peep as obscene disorder and lawlessness run rampant.


13 posted on 12/21/2023 11:21:57 AM PST by Freest Republican (This space for rent)
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To: Trump20162020

“making false statements about the election workers in Georgia stemming from the 2020 presidential contest”

I’ll certainly never believe that. they weren’t false, he just failed to prove it.


14 posted on 12/21/2023 11:22:28 AM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: ActresponsiblyinVA

Lawfare will stop when the left gets hurts for using it.


15 posted on 12/21/2023 11:22:39 AM PST by Fai Mao ( IOStarve the Beast and steal its food)
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To: Trump20162020

Such a good man, what the commie left did to him makes me sick sick to my stomach


16 posted on 12/21/2023 11:22:52 AM PST by Sarah Barracuda
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American hero


17 posted on 12/21/2023 11:25:55 AM PST by TakebackGOP
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To: DIRTYSECRET
Is he really going to end up broke? Isn’t this to avoid payment?

NEWS FLASH: Rudy doesn't have $140 million.

Bankruptcy court will set up a payment plan.

The only goal is to financially destroy him so he can no longer be a nuisance to them.

18 posted on 12/21/2023 11:26:11 AM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: Trump20162020

Even if the claims against him are valid, the damages may reach the tens of thousands of dollars. The award is absurd.


19 posted on 12/21/2023 11:26:24 AM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: E. Pluribus Unum

The goal is to discourage others from doing the same.


20 posted on 12/21/2023 11:27:01 AM PST by dfwgator (Endut! Hoch Hech!)
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