Sat. Nov 2nd, 2024
Occasional Digest - a story for you

Rudy Giuliani has filed for bankruptcy just days after being ordered to pay $US148 million ($217 million) to two former Georgia election workers he falsely accused of fraud following Donald Trump’s 2020 presidential election loss.

Mr Guiliani, who was known as “America’s mayor” for his leadership of New York after the 911 attacks, faces a crush of debts stemming from his work as a lawyer on the former president’s behalf. He no longer works as Mr Trump’s lawyer.

Mr Giuliani also faces criminal charges in Georgia.

In a filing in US Bankruptcy Court in New York, Mr Giuliani said he had between $US100 million and $US500 million in liabilities and $US1 million to $US10 million in assets.

A spokesperson for Mr Giuliani said the bankruptcy filing will give him time to appeal the $US148 million penalty and ensure that other creditors are treated fairly.

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

Bankruptcy filing may not affect defamation payout

US bankruptcy proceedings can enable people and companies to wipe away or reorganise their debts, and Mr Giuliani’s filing will pause all of the pending civil lawsuits against him.

However, it may not allow him to duck the money he owes the election workers, as judges have ruled that defamation penalties cannot be discharged if a debtor has engaged in “wilful and malicious” conduct.

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