Judge says Rudy Giuliani bankruptcy case likely to be dismissed. But his debts aren’t going away

4 days ago 17

NEW YORK (AP) — A judge said Wednesday he was leaning toward throwing out Rudy Giuliani ‘s bankruptcy case after lawyers for the cash-strapped former New York City mayor and his biggest creditors — two ex-Georgia election workers who won a $148 million defamation judgment against him — agreed this was the best way forward.

The case has been roiled by allegations Giuliani is flouting bankruptcy laws and potentially hiding assets. A dismissal would end his pursuit of bankruptcy protection, but it wouldn’t let him off the hook for his debts. His creditors could pursue other legal remedies to recoup at least some of the money they’re owed, such as getting a court order to seize his apartments and other assets.

U.S. Ba...

Read Entire Article