"Giuliani's Defamation Case Ends in $148 Million Bankruptcy"

1 min read
Source: Reuters
"Giuliani's Defamation Case Ends in $148 Million Bankruptcy"
Photo: Reuters
TL;DR Summary

Former New York Mayor Rudy Giuliani 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 former election workers, President Joe Biden's son Hunter Biden, and Smartmatic USA. Giuliani led efforts to overturn Donald Trump's 2020 election loss and has repeated false claims of election fraud, prompting a second lawsuit.

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