Rudy Giuliani, the former New York City Mayor, has sought bankruptcy protection in New York following his unsuccessful attempts to overturn the 2020 election results on behalf of former President Donald Trump. This move comes as Giuliani faces mounting legal bills and financial troubles. Last week, he was ordered to pay a staggering $148 million in damages to two former Georgia election workers who were falsely accused by Giuliani of ballot manipulation during the election. In response to the bankruptcy filing, Giuliani’s political adviser, Ted Goodman, stated that it should come as no surprise and that Chapter 11 would allow Giuliani to pursue an appeal while ensuring fair treatment of all creditors under the supervision of the bankruptcy court.,
Rudy Giuliani, the former mayor of New York City and personal attorney to former President Donald Trump, has filed for bankruptcy. This surprising move comes amidst mounting legal troubles and financial challenges for Giuliani. The bankruptcy filing aims to address his significant debts and provide a fresh start. Giuliani’s legal woes include lawsuits related to his involvement in the 2020 U.S. presidential election and his business dealings abroad. This bankruptcy filing marks a significant downturn for a once prominent political figure, highlighting the seriousness of his financial situation.
Rudy Giuliani declares bankruptcy
