Rudy Giuliani blows through $30K in seven days since last bankruptcy hearing

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “About half of the debtor’s cash in this one account alone has been dissipated” since last Wednesday’s bankruptcy hearing, Rachel Strickland, lawyer for the defamed election workers, told the court after reading the statement. “Even a dismissal, which your client wants, you can’t get out of your own way.” The judge then told Giuliani’s lawyers: “I strongly, strongly urge you and your client to sit down and figure out what you really want the end game to look like here.” open image in gallery Giuliani pictured falling onto chairs at the Republican National Convention Judge Lane said he’s a “patient man” and has tried to be “reasonable,” but threatened: “There are ways to do this that include requiring your client to come in and sit in that box over there and have a discussion about the available liquid assets that can be used to pay these professionals. The judge wrote in a scathing filing that the court’s record “reflects Mr Giuliani’s continued failure to meet his reporting obligations and provide the financial transparency required of a debtor in possession.” The judge added: “The lack of financial transparency is particularly troubling given concerns that Mr Giuliani has engaged in self-dealing and that he has potential conflicts of interest that would hamper the administration of his bankruptcy case.” After Strickland proposed an order, Fischoff called the proposed terms “onerous, punitive, and overreaching” in a July 15 letter to Judge Lane. Following the objection, Giuliani’s legal team met with Strickland, who came to the conclusion: “We are even more concerned that Mr Giuliani has more shenanigans up his sleeve.” So, she offered up a counter proposal that takes into account the fact that his Manhattan condo “does not appear close to being sold despite being on and off the market over the past year” and tha Giuliani “seems keen to avoid paying the freight he incurred by filing a voluntary bankruptcy petition.” At Wednesday’s hearing, Fischoff said that the Upper East Side condo is “actively being marketed,” adding that Sotheby’s and Giuliani might have to consider a “price reduction” on the unit.