Rudy Giuliani’s bankruptcy has come under fire from creditors including two former Georgia election workers who won a $148 million defamation judgment against him.
FILE - Rudy Giuliani speaks during a news conference outside federal court in Washington, Dec. 15, 2023. Giuliani's creditors, including the two former Georgia election workers who won a $148 million defamation judgment against him, are opposing his attempt to convert his bankruptcy into a liquidation, saying they'll likely ask that the case be thrown out instead because of what they call his flouting of bankruptcy laws.
“Our view is we do not have a good-faith debtor. He has misbehaved every step of the way,” Dublin said about Giuliani. “We think again that the debtor here has been trying to game the system.” If his case is converted to a liquidation, which Giuliani requested on Monday, a trustee would be appointed to take control of his assets and sell many of them off to help pay creditors. If it is dismissed, Freeman and Moss could bring their effort to collect on the $148 million award back to the court in Washington, D.C., where they won their lawsuit, and avoid having to pay more legal fees for bankruptcy court.
When he filed for bankruptcy, Giuliani listed nearly $153 million in existing or potential debts, including almost $1 million in state and federal tax liabilities, money he owes lawyers, and many millions of dollars in potential judgments in lawsuits against him. He estimated he had assets worth $1 million to $10 million.
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