In a surprising turn of events, former mayor of New York City and personal attorney to Donald Trump, Rudy Giuliani, has filed for bankruptcy in federal court. This action comes after a federal jury recently ordered him to pay a staggering $150 million to two former Georgia election workers whom he had defamed. Giuliani claims that his debts amount to as much as $500 million, while his assets are a mere $10 million.
The bankruptcy filing is primarily aimed at delaying the payment to the two women involved in the defamation case, which represents the largest portion of Giuliani's outstanding debts. However, further examination of Giuliani's financial situation reveals a host of other pressing issues. It has been discovered that he owes $1 million in unpaid taxes to both the federal government and the state of New York. Additionally, he has accumulated $1.7 million in unpaid legal fees owed to his past legal representatives, as well as a surprising $30,000 in phone bills.
Giuliani's predicament does not end there. The former mayor anticipates more legal battles in the future, as he is currently facing several other lawsuits. Among these is a harassment lawsuit filed by a former employee, seeking $2 million in damages. Furthermore, Giuliani is also confronted with three defamation lawsuits directly related to his actions during the 2020 election. The cumulative effect of these legal troubles leaves Giuliani potentially burdened with even more immense legal bills.
In response to this bankruptcy filing, Giuliani's lawyers argue that the issues at hand involve novel aspects of constitutional law. They contend that a thorough and unhurried analysis by the court is necessary, not only for this particular case but also for future presidents. While it remains uncertain just how many future presidents will be affected by these legal decisions, the implications are undeniably significant.
Giuliani's financial woes and mounting legal battles are indicative of the tumultuous path he has traversed in recent years. Once a prominent figure in American politics, Giuliani now finds himself grappling with considerable financial and legal troubles. As the bankruptcy filing progresses, many await the outcome of this high-profile case, which could potentially shape the landscape of constitutional law for years to come.
