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- According to the judge, Rudy Giuliani owes the firm that handled his bankruptcy case $300,000.
According to the judge, Rudy Giuliani owes the firm that handled his bankruptcy case $300,000.
Rudy Giuliani, the attorney for Donald Trump and a former mayor of New York City, has been informed that he needs to pay approximately $300,000 for the services of a forensic accounting firm that helped locate his assets during his now-canceled bankruptcy case.
The last remnant of Giuliani's earlier attempts to stave off creditors—of whom he owes about $150 million—was the disagreement over the amount he owes to the accountancy company Global Data Risk.
Giuliani had argued before US Bankruptcy Court Judge Sean Lane in White Plains, New York, that the accounting firm's fees, which included meeting and travel expenses as well as interview time spent researching Giuliani's assets for the creditors, need to be lowered.
However, Lane is almost supplying what the accounting company asked for.
During a Tuesday court hearing, Lane stated, "There was an alarming and inappropriate lack of financial transparency by the debtor... which led to the need for this work."
Giuliani abandoned his bankruptcy lawsuit during the summer because he could not provide the federal judge with the necessary financial disclosures. Due to the bankruptcy, Ruby Freeman and Shaye Moss, the Georgia election workers, were unable to seize his condos, freeze his bank accounts, or attempt to take anything valuable he owned, including fancy watches and collectible New York Yankees memorabilia.
In court right now, Freeman and Moss are attempting to compel the sale of Guiliani's assets, which include a multimillion-dollar Florida condo and a penthouse co-op apartment on Manhattan's Upper East Side.
As a result of Giuliani defaming Freeman and Moss following the 2020 election, a jury awarded the mother and daughter about $150 million, putting them theoretically at the top of the list of people he owes.
Since Global Data Risk was hired to look into Giuliani's fortune on behalf of his creditors, the company has also been in court, attempting to gather swiftly. Giuliani declared bankruptcy too soon, hence a large portion of the company's output was never made public.
Giuliani has already placed $100,000 in escrow to cover a portion of the cost incurred by Global Data Risk. The court record indicates that the remainder will probably be deducted from the proceeds that Freeman and Moss receive when they sell his possessions.