Rudy Giuliani files for bankruptcy, facing mounting legal fees (Axios)

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    Rudy Giuliani files for bankruptcy, facing mounting legal fees – By Shauneen Miranda (Axios) / Dec 21, 2023

    Rudy Giuliani has filed for Chapter 11 bankruptcy, per a Thursday court filing.

    Why it matters: The filing comes as the former New York mayor and lawyer for former President Trump has been mired in debt stemming from multiple legal cases — most notably the $148 million he owes for defaming two Georgia election workers.

    • Giuliani estimated he has between $1 million and $10 million in assets, according to the filing in the U.S. Bankruptcy Court for the Southern District of New York.
    • The filing lists roughly a dozen existing or potential debt claims totaling $153 million. Per an estimate in the filing, he owes up to 49 creditors.

    CONTINUE > https://www.axios.com/2023/12/21/rudy-giuliani-bankruptcy-debt

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