Rudy Giuliani declared bankruptcy in a New York federal court Thursday, just days after a jury ordered him to pay nearly $150 million to two former Georgia election officials for defamation.
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According to the filing, Giuliani listed debts between $100 million and $500 million and assets worth up to $10 million.
Giuliani lists nearly $1 million in unpaid taxes among his debts as well as hundreds of thousands of dollars owed to lawyers and accountants.
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He also lists pending lawsuits, including three defamation cases regarding his statements after the 2020 election, which have not yet gone to trial and which could increase his debt if he is ordered to pay damages in those cases. .
“This bankruptcy declaration should come as no surprise to anyone,” Giuliani political adviser Ted Goodman said Thursday. “No one could have believed that Mayor Rudy Giuliani would be able to pay such a high punitive sum.”
This announcement adds to the list of failures experienced by the former mayor of New York, federal prosecutor and former dominant figure for the Republican presidential nomination.
