Rudy Giuliani files for bankruptcy after $148M defamation judgment
ABC News
A week after losing a $148 million defamation case, former New York City Mayor Rudy Giuliani has filed for Chapter 11 bankruptcy in a New York court.
A week after losing a $148 million defamation case, former New York City Mayor Rudy Giuliani has filed for Chapter 11 bankruptcy in a New York court, according to a court filing.
Giuliani listed his net worth between $1 million and $10 million, but claimed to owe between $100 million and $500 million, according to his bankruptcy petition.
"The filing should be a surprise to no one," Ted Goodman, a political adviser to Giuliani, said in a statement.
A federal jury last week, following a week-long trial, ordered Giuliani to pay nearly $150 million to former Georgia election workers Ruby Freeman and Shaye Moss for defaming them with false accusations that they committed election fraud while counting ballots in Georgia's Fulton County on Election Day in 2020.
