Rudy Giuliani's Bankruptcy Case

SOURCE thehill.com
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