Friday, May 23, 2025

Giuliani files for bankruptcy after $148-million defamation verdict

(BBC News) Rudy Giuliani, a longtime associate of former President Donald Trump, has filed for bankruptcy just days after he was ordered to pay $148 million in a defamation case.

He was ordered to pay the sum after a judge found he defamed two Georgia election workers over claims they tampered with votes in 2020.

The filing shows he owes millions of dollars in legal fees and unpaid taxes.

A spokesman said the move should “be a surprise to no one.”

In a statement, the spokesman for Giuliani, Ted Goodman, said “no person could have reasonably believed that [Giuliani] would be able to pay such a high punitive amount.”

He added that Thursday’s bankruptcy filing in New York would give Giuliani the “opportunity and time to pursue an appeal, while providing transparency for his finances under the supervision of the bankruptcy court.”

Giuliani, 79, said earlier this year that he was having financial difficulties because of his increasing legal fees and expenses.

 

https://www.bbc.com/news/world-us-canada-67796546

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

‘Warzone’ – why Indian forces have launched deadly assault on Maoists

(Al Jazeera Media Network) Indian security forces have launched an all-out war against Maoist fighters in Chhattisgarh state, as the federal government aims to “wipe...

U.S. House passes Trump’s ‘big, beautiful’ tax and spending bill

(BBC News) House Republicans have passed a sweeping multi-trillion-dollar tax-breaks package, a narrow victory for President Donald Trump and House Speaker Mike Johnson after...