In a significant development, Rudy Giuliani, the former New York City Mayor and attorney for ex-President Donald Trump, has had his bankruptcy case dismissed by a federal judge.
This decision paves the way for the collection of a $150 million judgment against him.
As reported by Conservative Daily News, Giuliani initially sought bankruptcy protection in December, following a default judgment favoring Georgia poll workers Ruby Freeman and Wandrea ArShaye Moss. However, U.S. Bankruptcy Judge Sean Lane of the Southern District of New York sided with Freeman and Moss's attorneys, dismissing Giuliani's case in a detailed 22-page ruling. The judge criticized Giuliani for his lack of transparency regarding his financial situation.
In his ruling, Judge Lane stated, Mr. Giuliani has failed to fulfill his obligations to file accurate, complete monthly operating reports. He further explained, A debtor in possession is obligated to file monthly operating reports that include information about the case and certain financial transactions and keep a record of receipts and the disposition of money and property received.
Judge Lane continued to highlight the importance of these reports, stating, As part of a debtors continuing obligations during a case, monthly operating reports are required to be filed by the 21st day of the month immediately following the reporting period covered by the [monthly operating report]. He concluded by noting that Every single monthly operating report filed by Mr. Giuliani has been untimely.
The ruling also bars Giuliani from re-filing for bankruptcy for a year. Judge Lane wrote, The year-long bar will provide time for creditors to pursue any rights, including executing on existing judgments or pursuing unresolved litigation.
In a separate case, U.S. District Judge Beryl Howell of the District of Columbia found Giuliani liable for defaming Moss and Freeman in a default judgment last August. The judge claimed that Giuliani failed to comply with discovery requirements.
Giuliani is also facing legal challenges in Georgia and Arizona over his role in former President Donald Trumps efforts to contest the results of the 2020 election in those states. These latest developments add to the mounting legal troubles for the former New York City Mayor, raising questions about his future political and legal standing.
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