Giuliani Files for Bankruptcy After $148 Million Defamation Loss
· 22.12.2023 · 01:07:52 ··· ··· Friday ·· 5 (5)
Bloomberg Quicktake: Now Rudolph Giuliani, the former mayor of New York who led efforts to overturn the 2020 presidential election, has filed for bankruptcy, swamped by legal bills stemming from the many false claims he made to keep Donald Trump in the White House.
Giuliani filed papers in New York seeking protection from creditors, listing debts of as much as $500 million and assets of up to $10 million. The filing gives Giuliani a breathing spell from creditors and pauses civil litigation.
The latest blow for Giuliani came on Friday, when he was ordered to pay $148 million to two 2020 Georgia election workers after promoting conspiracy theories falsely accusing them of trying to rig the election against Trump.
https://www.bloomberg.com/news/articles/2023-12-21/rudy-giuliani-files-for-bankruptcy-protection-after-court-loss
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