Judge Disturbed by Lack of Progress in Giuliani's Bankruptcy Case

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ICARO Media Group
Politics
14/05/2024 23h28

In a recent development in Rudy Giuliani's bankruptcy case, the overseeing judge expressed his concern over the lack of progress in resolving the former New York City mayor's financial situation. As a result, the judge refused to lift a legal barrier that has prevented Giuliani from appealing a $148 million defamation judgment against him.

Giuliani filed for bankruptcy in December after being ordered to pay the substantial sum to two former election workers for spreading a false conspiracy theory about their involvement in the 2020 election. Since then, Giuliani has been struggling to meet financial obligations, missing deadlines to file financial disclosure reports and failing to sell his residences in New York and Florida.

Last week, Giuliani faced further setbacks as he was suspended from his daily show on WABC Radio for repeatedly discussing discredited claims about the 2020 election. His attorney, Rachel Strickland, accused him of intentionally flouting his employer's restrictions, leading to his termination.

During the bankruptcy hearing, Strickland expressed her frustration over the lack of progress in settling Giuliani's finances, stating, "They have done nothing. They sold nothing. They settled nothing." The judge, U.S. Bankruptcy Judge Sean Lane, shared her concerns and admitted to being disturbed by the current status of the case.

Giuliani's attorneys claimed that he has additional work lined up to generate income, but they did not provide specifics about the nature of the work. They mentioned that Giuliani's Manhattan apartment could potentially be liquidated to address his financial obligations. They also assured that necessary financial filings would be completed and outstanding issues resolved.

Despite the defense's assertions, Giuliani faces multiple accusations from individuals who claim that he owes them money. It remains to be seen how these allegations will be addressed within the bankruptcy proceedings.

Furthermore, the judge denied Giuliani's request to lift an automatic stay, which would have allowed him to pursue post-judgment litigation in the defamation case. Creditors' lawyers argued that such an action would only further delay the bankruptcy proceedings.

Additionally, the judge addressed a request from the election workers' lawyers, who sought to prevent Giuliani from making further defamatory statements against their clients. While a decision was not made, Judge Lane referred to an existing court decision on the matter, emphasizing that the court would not tolerate parties flouting the legal requirements.

The lawyers involved in the case are scheduled to meet with Judge Lane on Thursday to further discuss these issues and hopefully make progress in resolving Giuliani's bankruptcy case.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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