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Showing Original Post only (View all)Rudy Giuliani begs bankruptcy court to let him keep his Florida condo so he can keep podcasting to pay creditors [View all]
Source: Law & Crime
Mar 29th, 2024, 12:30 pm
When Rudy Giuliani defamed two poll workers with bunk allegations of election fraud in 2020, it triggered a wave of threats so acute, one of the workers was forced to flee her longtime home in Georgia. Now, the ally to former President Donald Trump and his co-defendant in the racketeering case in Fulton County is experiencing some domicile difficulties of his own.
In a motion filed Thursday, Giuliani, who owes election workers Ruby Freeman and Shaye Moss $148 million for defaming them, asked a bankruptcy court in the Southern District of New York to let him keep his Florida condominium, valued at $3.5 million, as he fights the judgment on appeal.
The former New York mayors attorneys wrote in the 12-page motion that the recommendation by the Committee on Unsecured Creditors that he sell the home since declaring bankruptcy was premature. It appears that the Committee is assuming that most if not all of the Freeman judgment will survive on appeal, and is proceeding as if all of the Debtors assets need to be liquidated now to satisfy a potentially inflated claim. The debtor could be irreparably harmed if the Florida residence is sold and later it turns out that the Freeman judgment is vacated, the instant motion states.
The committee told him there was no legal basis for him to keep the property. Giuliani does not oppose the sale of his property in Manhattan, however. That property could be sold so he could make his primary residence in Florida, he contends. His lawyers noted that the New York property is expected to be listed by Sothebys soon for $5 million. With that home sold, Giuliani said he expects his monthly expenses will be significantly reduced.
Read more: https://lawandcrime.com/uncategorized/rudy-giuliani-begs-bankruptcy-court-to-let-him-keep-his-florida-condo-so-he-can-keep-podcasting-to-pay-creditors/
Link to motion (PDF) - https://www.documentcloud.org/documents/24523618-giuliani-bankruptcy-opposition-motion-condo-hoa-florida-and-nyc