Former New York Mayor Rudy Giuliani filed for bankruptcy Thursday after a jury hit him with more than $148 million in damages for defaming two Georgia election workers who received death threats after he falesly accused them of fraud in the 2020 presidential election.
“The filing should be a surprise to no one,” said Ted Goodman, a political adviser to Giuliani.
“No person could have reasonably believed that Mayor Rudy Giuliani would be able to pay such a high punitive amount,” Goodman said. “Chapter 11 will afford Mayor Giuliani the opportunity and time to pursue an appeal, while providing transparency for his finances under the supervision of the bankruptcy court, to ensure all creditors are treated equally and fairly throughout the process.”
