2024-07-12 23:59:51
Law
Finance

Rudy Giuliani's Bankruptcy Case Dismissed by Federal Judge

A federal judge is poised to dismiss Rudolph W. Giuliani's bankruptcy case due to his failure to comply with court filing deadlines and lack of financial transparency. This dismissal would enable creditors to resume pursuing foreclosures, repossessions, and lawsuits that were paused for over six months.

Giuliani, facing a $148 million defamation judgment, filed for bankruptcy to delay payment without posting a bond while appealing. The judge's decision, based on Giuliani's evasiveness regarding his finances and incomplete disclosures, leaves him vulnerable to creditors seeking to recover debts totaling nearly $153 million.

This ruling highlights the consequences of flouting legal processes and emphasizes the significance of financial accountability.

New York Times - U.S.
11. Juli 2024 um 12:23

Judge Suggests He Is Likely to Dismiss Giuliani’s Bankruptcy Case

Politics
Economy
Finance
A federal judge is likely to dismiss Rudolph W. Giuliani's bankruptcy case, as the former New York mayor has ignored court filing deadlines and evaded questions about his finances. The dismissal would allow creditors to pursue foreclosures, repossessions, and lawsuits that have been on hold for over six months. Giuliani filed for bankruptcy after being held liable for $148 million in damages for defaming two Georgia election workers, with the main goal of delaying the payment without posting a..
New York Times - Politics
13. Juli 2024 um 02:11

Judge Dismisses Giuliani’s Bankruptcy Case

Politics
Finance
A federal judge dismissed Rudolph W. Giuliani's bankruptcy case, leaving the former New York City mayor without legal protection from his creditors. The judge cited Giuliani's failure to provide an accurate and complete picture of his financial affairs and his evasion of questions about his finances. Giuliani owes nearly $153 million to 20 people and businesses, most of which is owed to two Georgia election workers he was found to have defamed in the aftermath of the 2020 election.
The Guardian
12. Juli 2024 um 21:40

New York judge dismisses Rudy Giuliani’s bankruptcy case

Politics
A New York judge dismissed Rudy Giuliani's bankruptcy case, clearing the way for two Georgia election workers to try and recover nearly $150m Giuliani was ordered to pay them for defaming them after the 2020 election. The judge also prevented Giuliani from refiling for bankruptcy within one year, accusing him of concealing information about his finances and regarding the case as a 'joke'.
Yahoo News
12. Juli 2024 um 19:09

Judge throws out Rudy Giuliani's bankruptcy case, says he flouted process with lack of transparency

Politics
Economy
Finance
A judge has thrown out Rudy Giuliani's bankruptcy case, finding that the former New York City mayor had flouted the process with a lack of transparency. The dismissal ends Giuliani's pursuit of bankruptcy protection but does not absolve him of his debts, allowing his creditors to pursue other legal remedies to recoup the money they are owed. The judge cited evidence of Giuliani's failure to meet financial transparency obligations and concerns about his potential conflicts of interest and self-..
CW

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