« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Judge throws out Rudy Giuliani's bankruptcy case 

By: clo2 in FFT4 | Recommend this post (3)
Sat, 13 Jul 24 11:30 AM | 21 view(s)
Boardmark this board | FFT4
Msg. 12250 of 13968
Jump:
Jump to board:
Jump to msg. #

Judge throws out Rudy Giuliani's bankruptcy case

A judge threw out Rudy Giuliani ’s bankruptcy case on Friday, finding that the former New York City mayor had flouted the process with a lack of transparency

NEW YORK (AP) — A judge threw out Rudy Giuliani ’s bankruptcy case on Friday, slamming the former New York City mayor as a “recalcitrant debtor” who thumbed his nose at the process while seeking to shield himself from a $148 million defamation judgment and other debts.

U.S. Bankruptcy Judge Sean Lane criticized Giuliani for repeated “uncooperative conduct,” self-dealing, and a lack of transparency. The judge cited failures to comply with court orders, failure to disclose sources of income, and his apparent unwillingness to hire an accountant to go over his books.

“Such a failure is a clear red flag,” Lane wrote.

Dismissing the case ends his pursuit of bankruptcy protection, but it doesn’t absolve him of his debts. His creditors can now pursue other legal remedies to recoup at least some of the money they’re owed, such as getting a court order to seize his apartments and other assets.

http://apnews.com/article/giuliani-bankruptcy-freeman-moss-2020-election-3cf8d70d1dc2608705c9f938bbb8941d?


Do something positive.


- - - - -
View Replies (1) »



» You can also:
« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next