Federal Bankruptcy Judge Dismisses Rudy Giuliani’s Case, Citing Hidden Assets and Financial Transparency Issues

Former New York City Mayor Rudy Giuliani is facing even more financial troubles after a federal bankruptcy judge dismissed his case for hiding assets, potentially allowing his creditors to seize what little he still owns.

Giuliani, who has been ordered to pay $148 million for defaming two Georgia election workers during the 2020 election, failed to meet his reporting obligations and provide the necessary financial transparency as a debtor in possession. The judge, Sean Lane, decided to dismiss the bankruptcy case with a one-year bar to refiling, stating that it was in the best interests of creditors.

It was revealed that Giuliani did not disclose important information to the court, such as an upcoming book deal and his promotion of Rudy Coffee, his coffee brand. Additionally, he failed to submit his operating filings on time, further raising suspicions of hiding assets.

In a statement, Giuliani’s spokesperson claimed that he was denied the ability to appeal the $148 million judgment in Washington, D.C. during the bankruptcy proceeding. The spokesperson also alleged that the case was burdened with discover requests and actions intended to harm Giuliani and his businesses.

Aside from the defamation payout, Giuliani is also facing $3.7 million in legal fees, a million dollars in taxes, and a $10 million lawsuit from a former employee accusing him of sexual assault and harassment.

Giuliani’s financial woes continue to mount as he navigates through legal battles and attempts to address his creditors’ claims.