According to the bankruptcy court, Former New York City mayor Rudy Giuliani cannot dispute a $148 million defamation judgment against two former election workers.
According to the court presiding over Giuliani’s case, he is “disturbed” by the lack of resolution on his financial situation. After two former election workers demanded that Giuliani pay them the money for creating a bogus conspiracy theory about their involvement in the 2020 election, Giuliani filed bankruptcy in December. After that, Giuliani failed to sell his New York and Florida homes and was unable to submit financial disclosure forms by the due dates. Last Monday, WABC Radio suspended him for repeatedly breaking their policy against making false claims about the 2020 election.
Although they could not specify what sort of job Giuliani had lined up, his attorneys did state that he had other employment to earn money. His lawyers have said that all outstanding matters have been resolved and that the required financial forms will also be completed; thus, it is possible that Giuliani’s Manhattan residence could soon be sold.
A large number of individuals have accused Giuliani of being indebted to them financially.
During a hearing in White Plains, New York, on Friday, US Bankruptcy Judge Sean Lane said that Giuliani has the option to seek a second federal trial to settle the damages he owes Ruby Freeman and Wandrea’ ArShaye “Shaye” Moss, two poll workers whom Giuliani wrongly accused of helping Joe Biden win the 2020 election.
According to Giuliani’s bankruptcy attorney, a legal defense fund will pay for his legal bills in the defamation case.
Because insolvency regulations halted all of Giuliani’s cases and prohibited Freeman and Moss from quickly collecting their judgment against him, he had to obtain permission from his bankruptcy court to seek a new trial.
According to Gary Fischoff, Giuliani’s bankruptcy attorney, the former mayor has few assets, including a few pieces of real estate, retirement funds, and the money he made from his podcast and radio program.
Also, Judge Lane made it clear that Giuliani would have a tough time claiming bankruptcy to get out of this judgment.