Rudy Giuliani May Be Forced to Sell His Homes to Pay $148 Million Election Case Judgment

Contact Your Elected Officials
The Epoch Times Header

Former Trump attorney Rudy Giuliani could be forced to sell his New York and Florida homes to cover a massive $148 million defamation lawsuit judgment.

Former New York City Mayor Rudy Giuliani may be forced to sell his homes in New York and Florida to raise cash for a massive defamation judgment against him as he works his way through bankruptcy proceedings, according to court statements by attorneys.

Mr. Giuliani filed for bankruptcy protection in December 2023, a day after being ordered to pay $148 million to two former Georgia election workers who sued him for defamation while he was a lawyer for former President Donald Trump.

Mr. Giuliani listed liabilities of $100 million to $500 million and assets of as much as $10 million, according to a bankruptcy form that was filed on Dec. 21 at the U.S. Bankruptcy Court for the Southern District of New York.

Attorneys said during a March 13 status conference at the U.S. Bankruptcy Court for the Southern District of New York that several of Mr. Giulani’s properties may be put up for sale to raise cash to pay off his nearly $153 million debt, the bulk of which is the $148 million defamation judgment, according to Bloomberg Law.

Heath Berger, of Berger Fischoff Shumer Wexler & Goodman LLP, who represents Mr. Giuliani, said in court on Wednesday that a draft listing agreement for Mr. Giuliani’s New York condo is being finalized, while Philip Dublin, of Akin Gump Strauss Hauer & Feld LLP, said that a committee representing Mr. Giuliani’s unsecured creditors is working on putting his Palm Beach, Florida, property up for sale, per the report.

Mr. Giuliani’s attorney did not immediately respond to a request for comment on the development.

Defamation Judgment

While the values of some of Mr. Giuliani’s debts were listed as “unknown” in his bankruptcy filing, the biggest specified liability was the $148 million a federal jury ordered him to pay to Ruby Freeman and Wandrea Moss, the two former Georgia election workers.

Other creditors listed in Mr. Giuliani’s bankruptcy filing include the New York State Department of Taxation and the Internal Revenue Service (IRS), with Mr. Giuliani’s total liabilities owed to the government totaling nearly $1 million.

By Tom Ozimek

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The Paradoxical Patriot: The political odyssey of Frank S. Meyer

In his book, Daniel J. Flynn examines the ideological evolution of one of conservatism’s most paradoxical and overlooked architects, Frank S. Meyer. 

This Is America: Target™ Reparations

“This Is America” explores the cultural undercurrents pulling Western...

Blind Man’s Shutdown

Congress is playing the equivalent of Bind Man's Bluff. With the shout “tag your it” they seek to blame the other party for the government shutdown.

A Reluctant Acknowledgment: What Conservatives Can Admire in Everyday Progressives

Admirable ideological qualities seen in liberals and left-wing individuals are those of the everyday believer not their political leadership.

Ensuring Domestic Tranquility

The Supremacy Clause in Article VI of the U.S. Constitution establishes it as the highest law of the land, taking precedence over conflicting state laws.

White House Official Says Layoffs Will Start Soon If Shutdown Talks Go Nowhere

Kevin Hassett said layoffs to federal workforce could occur quickly if negotiations with Democrats to reopen the government don’t lead to progress.

20 Teachers in California Facing Disciplinary Action for Posts on Charlie Kirk

California school districts move to discipline teachers for derogatory social media posts about the assassination of Charlie Kirk.

Trump Coal Boost Gains Momentum as Bids, Land Opened Up

Trump administration accelerates coal expansion with new leases, mine permits, and 13.1 million acres of federal land opened for coal mining.

Goaded by Tariffs, European Pharmaceutical Industry Pivots to the US

U.S. tariffs and a lucrative drug market are driving European pharma firms to boost investment through new plants, stock listings, and pricing deals.

Department of Energy Cancels $7.5 Billion in Project Funding

The Dept of Energy (DOE) said on Oct. 2 that it had terminated 321 federal grants funding 223 projects, amounting to about $7.56 billion in cuts.

White House Withdraws EJ Antoni’s Nomination to Lead Bureau of Labor Statistics

The White House has withdrawn economist EJ Antoni’s nomination to lead the Bureau of Labor Statistics, the White House confirmed on Sept. 30.

US to Impose 100 Percent Tariffs on Foreign-Made Movies, Trump Says

President Donald Trump announced on Sept. 29 that he will impose a 100 percent tariff on all movies produced outside the United States.

Trump to Host Netanyahu at White House to Discuss Gaza Peace Plan

President Trump will host Israeli Prime Minister Netanyahu at the White House on Sept. 29 to discuss a ceasefire and broader peace plan for Gaza.
spot_img

Related Articles

Popular Categories

MAGA Business Central