Rudy Giuliani’s financial woes went from bad to worse on Friday when a federal bankruptcy judge threw out the case after he hid his assets, opening the former mayor up to his creditors potentially seizing what little he still owns.
“The record in this case reflects Mr. Giuliani’s continued failure to meet his reporting obligations and provide the financial transparency required of a debtor in possession,” Southern District of New York Judge Sean Lane wrote in his decision. “The Court finds that dismissal of this bankruptcy case with a one year bar to refiling is in the best interests of creditors.”
Giuliani has been on the hook for $148 million after he defamed two Georgia election workers during the 2020 election, claiming they were illegally tabulating votes in favor of Joe Biden as well as using crack cocaine and heroin.
