Rudy Giuliani, former President Donald Trump’s onetime legal strategist who led efforts to overturn the 2020 presidential election, has filed for bankruptcy.
The news comes less than a week after the former New York City mayor was ordered to pay $148 million to two Georgia election workers he defamed by falsely claiming they colluded to steal the election.
FOUR TIMES DEMOCRATS HAVE BACKED SOMETHING THAT MAY COME BACK TO BITE THEM
Giuliani filed for Chapter 11 in the United States Bankruptcy Court in the Southern District of New York on Thursday, listing estimated assets of between $1 million and $10 million and liabilities of $100 million to $500 million. In the filing, he said he owed the two Georgia women, Ruby Freeman and her daughter Wandrea Moss, $148 million.
“This filing should be a surprise to no one,” Giuliani spokesman Ted Goodman said in a statement. “No person would have reasonably believed that Mayor Rudy Giuliani would be able to pay such a high punitive amount.”
Goodman added that the Chapter 11 filing would give Giuliani the space and time to pursue an appeal “while providing transparency for his finances under the supervision of the bankruptcy court, to ensure all creditors are treated equally and fairly throughout the process.”
On Wednesday, Judge Beryl Howell, who oversaw the Georgia election worker case, ordered Giuliani to begin paying Moss and Freeman immediately following concerns Giuliani might “conceal his assets” if he were allowed to wait the typical 30 days.
The filing also listed Hunter Biden, President Joe Biden’s son, as a creditor.
Hunter Biden sued Giuliani in September for hacking into his laptop and sharing his personal information with people after illegally obtaining it from the owner of a Delaware computer repair shop. The lawsuit also accused Giuliani of “tampering with, manipulating, copying, disseminating, and generally obsessing over” the data that was stored, leading to the “total annihilation” of Hunter Biden’s digital privacy.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
Giuliani also listed the Internal Revenue Service and the New York State Department of Taxation among his creditors but did not reveal how much he owed.
Other creditors include Smartmatic USA and an employee of Dominion Voting Systems. Giuliani accused both voting machine companies of siphoning votes from Trump to Biden.