Creditors in Rudy Giuliani's bankruptcy case are seeking a trustee to take control of his finances due to accusations of hiding assets, excessive spending, and failure to file required paperwork. Giuliani's creditors are frustrated and pushing for a third party to step in. Giuliani filed for Chapter 11 bankruptcy after a $148 million defamation verdict, freezing efforts to collect the sum. The creditors argue for the appointment of an independent trustee to manage Giuliani's assets and financial affairs.
Key Points
Creditors are seeking a trustee to take control of Rudy Giuliani's finances
Giuliani filed for Chapter 11 bankruptcy after a $148 million defamation verdict
Creditors accuse Giuliani of hiding assets, excessive spending, and failure to file required paperwork
Bankruptcy froze efforts to collect the $148 million defamation sum
Creditors argue for the appointment of an independent trustee to manage Giuliani's assets and financial affairs