Rudy Giuliani has filed for chapter 11 bankruptcy in New York, one day after a federal judge ruled that he must immediately pay the $148 million he owes two Georgia women he falsely accused of helping to steal the 2020 election.
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In paperwork filed Thursday to seek protection from New York creditors, Giuliani listed nearly $500 million in debts, including the $148 million he owes former Georgia election workers Ruby Freeman and Wandrea ArShaye “Shaye” Moss. He also listed “unknown” amounts of debt to election technology companies Smartmatic and Dominion Voting Systems, which named the former New York mayor in their defamation lawsuits about the 2020 presidential election. He listed his assets at around $10 million.
“The filing should be a surprise to no one,” Ted Goodman, a spokesman for Giuliani, said in a statement. “No person could have reasonably believed that Mayor Rudy Giuliani would be able to pay such a high punitive amount.”
Goodman said the Chapter 11 filing would afford Giuliani “the opportunity and time to pursue an appeal, while providing transparency for his finances under the supervision of the bankruptcy court, to ensure all creditors are treated equally and fairly throughout the process.”
This is a developing story.
Sign up for Fact Checker, our weekly review of what's true, false or in-between in politics.
In paperwork filed Thursday to seek protection from New York creditors, Giuliani listed nearly $500 million in debts, including the $148 million he owes former Georgia election workers Ruby Freeman and Wandrea ArShaye “Shaye” Moss. He also listed “unknown” amounts of debt to election technology companies Smartmatic and Dominion Voting Systems, which named the former New York mayor in their defamation lawsuits about the 2020 presidential election. He listed his assets at around $10 million.
“The filing should be a surprise to no one,” Ted Goodman, a spokesman for Giuliani, said in a statement. “No person could have reasonably believed that Mayor Rudy Giuliani would be able to pay such a high punitive amount.”
Goodman said the Chapter 11 filing would afford Giuliani “the opportunity and time to pursue an appeal, while providing transparency for his finances under the supervision of the bankruptcy court, to ensure all creditors are treated equally and fairly throughout the process.”
This is a developing story.
