Rudy Giuliani agrees to deal to end his bankruptcy case, pay creditors' financial adviser $400k
5 months, 1 week ago

Rudy Giuliani agrees to deal to end his bankruptcy case, pay creditors' financial adviser $400k

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rudy Giuliani has agreed to a last-minute deal to end his personal bankruptcy case and pay about $400,000 to a financial adviser hired by his creditors, avoiding a potential deep-dive into the former New York City mayor's finances that was threatened by a federal judge. But after Judge Sean Lane dismissed the bankruptcy case, Giuliani's lawyers said he didn't have the money to pay the creditors' forensic financial adviser as required under bankruptcy laws, according to the judge. The creditors include former Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss, who won a $148 million defamation judgment against Giuliani for his false ballot fraud claims against them related to the 2020 election. In the agreement filed Wednesday, Giuliani will give his lawyers $100,000 to help pay the creditors' financial adviser, New York-based Global Data Risk, and pay the rest of the firm's expenses from the proceeds of selling either his New York City apartment or Florida condominium, which are worth an estimated $5.6 million and $3.5 million, respectively, according to court documents.

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