December 21st 2023.
Former New York Mayor Rudy Giuliani has filed for bankruptcy after being ordered to pay $148 million in damages in a defamation case.
On Tuesday, Giuliani filed for chapter 11 in the US Bankruptcy Court in the Southern District of New York, court documents show. He estimated his liabilities to be between $100,000,001 and $500million. This was six days after a jury ordered him to pay nearly $150million in damages to two Fulton County election workers, Ruby Freeman and Shaye Moss, whom he falsely accused of interfering with the 2020 presidential election results in Georgia.
On Wednesday, a federal judge ordered Giuliani to compensate the election works immediately. His spokesman, Ted Goodman, said the bankruptcy filing was to give Giuliani time to appeal the defamation verdict. Goodman also noted that no person could have reasonably expected Giuliani to pay such a high punitive amount.
During the jury hearing, Giuliani’s attorney, Joe Sibley, said that the financial damages Freeman and Moss were seeking would be the ‘civil equivalent of the death penalty’.
This story is still developing. Check back for updates.
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