NEW YORK (AP) —
Rudy Giuliani filed for
bankruptcy on Thursday, acknowledging
severe financial strain exacerbated by his pursuit of Donald Trump false 2020 election claims and a jury’s award of $148 million to
two former Georgia election workers he defamed.
Rudy Giuliani has filed for bankruptcy days after being ordered to pay $148 million in a defamation lawsuit.
apnews.com
The former New York City mayor listed nearly $153 million in existing or potential debts, including almost $1 million in tax liabilities, money he owes lawyers and many millions of dollars in potential legal judgments in lawsuits against him. He estimated he had assets in the range of $1 million to $10 million.
The eye-popping damages verdict that Giuliani was ordered to pay a week ago resulted from his false statements about the election workers. They said his targeting of them after Trump narrowly lost Georgia to Democrat Joe Biden led to death threats that made them fear for their lives.