"Giuliani's Bankruptcy Filing Amidst $148 Million Defamation Case Judgment"

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Source: Yahoo News
"Giuliani's Bankruptcy Filing Amidst $148 Million Defamation Case Judgment"
Photo: Yahoo News
TL;DR Summary

Rudy Giuliani, former New York Mayor and lawyer for Donald Trump, has filed for bankruptcy after being ordered to pay $148 million in a defamation case brought by two former Georgia election workers. Giuliani, who faces criminal charges in Georgia, listed debts between $100 million and $500 million, with assets between $1 million and $10 million. His creditors include the election workers, Hunter Biden, and Smartmatic USA. Giuliani led unsuccessful efforts to overturn Trump's 2020 election loss and has continued to make false claims of election fraud, prompting a second lawsuit. A federal judge ruled that Giuliani must immediately begin paying the two women, as there is a risk he may attempt to conceal his assets.

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