Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Celebrity

Giuliani Declares Bankruptcy Following $148 Million Verdict

rmtsa by rmtsa
December 21, 2023
in Celebrity
0
Giuliani Declares Bankruptcy Following 8 Million Verdict
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Baddest Flight Attendants In The Game

The Author Behind WWD’s ‘Black in Fashion’ Details Her Intentional Book On André Leon Talley, Pioneering Designers, And Models – Essence

Zion Williamson Hit With Sexual Assault Lawsuit By Ex-Girlfriend

After being ordered to pay $148 million for defaming election workers, Rudy Giuliani has filed for Chapter 11 bankruptcy in New York.

The ex-Mayor of New York City presented a filing in the US Bankruptcy Court of the Southern District of New York on Thursday (December 21), per court records obtained by the NPR. He calculated the range of his estimated liabilities to be $100,000,001 to $500 million.

Rudy Giuliani Ordered To Pay $148 Million

On Friday (December 15), a jury declared that he must pay two Fulton County election workers, Ruby Freeman and Shaye Moss, nearly $ 150 million in damages for alleging their interference with the 2020 presidential election in Georgia.

A federal judge mandated on Wednesday that Giuliani must pay the election workers without delay, so he would not be able to conceal any of his personal financial resources.

A spokesperson for Giuliani, Ted Goodman, declared that the bankruptcy filing would provide a window of opportunity to appeal the defamation judgment. As Goodman noted, it would have been unreasonable for anyone to think that his client would be able to come up the money.

“No person could have reasonably believed that Mayor Rudy Giuliani would be able to pay such a high punitive amount,” Goodman said in a statement, per Reuters.

BREAKING: Rudy Giuliani files for Chapter 11 bankruptcy in New York pic.twitter.com/SgTM7RRBgt

— MSNBC (@MSNBC) December 21, 2023

Filing For Bankruptcy Won’t Erase His Debt

Joe Sibley, the lawyer for Giuliani, informed the jury last week that the amount of compensation Freeman and his daughter Moss demanded is as severe as a civil punishment can be.

It is unlikely that Giuliani’s bankruptcy petition will erase the $ 48 million debt he owes to the polling staff since bankruptcy regulations do not allow erasing debts from “willful and malicious injury” against others, according to the Washington Post.

Michael Gottlieb, the attorney of the two election workers, said that this plan was not surprising and it would not clear Giuliani’s obligation to pay Freeman and Moss.

At one point in time, Giuliani had a high reputation, known as “America’s mayor,” and his assets totaled more than $ 50 million, per BBC News. However, his promotion of Trump’s allegations of election fraud initiated a series of unfortunate events. This included financial difficulties, criminal accusations, and, of course, his hefty legal expenses.

It was just in September when Donald Trump held a fundraiser at his Bedminster, New Jersey golf club to support his former legal advisor amid his rising legal expenses in the defamation case.

RELATED: NYC Mayor Eric Adams Says Rudy Giuliani Should Be Investigated For Reporting A False Crime After Claiming To Be Assaulted While Video Showed He Was Tapped On His Back 





Source link

Tags: BankruptcyDeclaresGiulianiMillionVerdict
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Baddest Flight Attendants In The Game

by rmtsa
May 31, 2025
0
Baddest Flight Attendants In The Game

Baeviation Baddies Source: IG: @itgirl_ariel It’s International Flight Attendant Day so you know we had to celebrate the frequently FINE flight attendants who command the cabin, soothe anxieties,...

Read more

The Author Behind WWD’s ‘Black in Fashion’ Details Her Intentional Book On André Leon Talley, Pioneering Designers, And Models – Essence

by rmtsa
May 31, 2025
0
The Author Behind WWD’s ‘Black in Fashion’ Details Her Intentional Book On André Leon Talley, Pioneering Designers, And Models – Essence

Courtesy of Fairchild Archive Archives editor Tonya Blazio-Licorish has spent a particular amount of time throughout her role at PMC Media Archives rifling through historic imagery and stories....

Read more

Zion Williamson Hit With Sexual Assault Lawsuit By Ex-Girlfriend

by rmtsa
May 31, 2025
0
Zion Williamson Hit With Sexual Assault Lawsuit By Ex-Girlfriend

Pelicans basketball player, Zion Williamson, is facing a serious lawsuit filed by a woman who claims to be his ex-girlfriend. The lawsuit, filed in Los Angeles Superior Court,...

Read more

Melky Jean Honors Haitian Roots With Saint Sauveur 1972 Rum

by rmtsa
May 30, 2025
0
Melky Jean Honors Haitian Roots With Saint Sauveur 1972 Rum

Source: Courtesy of Melky Jean Melky Jean is no stranger to the spotlight, but now, the Grammy-nominated singer-songwriter is stepping into a whole new role: CEO. Known for her...

Read more

Tray Chaney’s Son Injured In GA Tornado

by rmtsa
May 30, 2025
0
Tray Chaney’s Son Injured In GA Tornado

Fans are sending prayers to The Wire actor Tray Chaney, who revealed on Instagram that a tornado struck his Henry County, Georgia home, throwing his son nearly the...

Read more
Next Post
Chrisean Rock Accuses Blueface Of Physically Assaulting Her

Chrisean Rock Accuses Blueface Of Physically Assaulting Her

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Wednesday Season 2 Video Preview Has Jenna Ortega Face a Serial Killer
  • ‘Harry Wild’ Renewed for Season 5 at Acorn TV — Jane Seymour
  • Niko McKnight, Estranged Son Of Brian McKnight, Dies At 32

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In