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☆ Even in bankruptcy, Rudy Giuliani keeps his financial picture hidden. Now he might lose control of it.
▼ + stars: | 2024-06-23 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +12 min

Read previewWhen Rudy Giuliani filed for bankruptcy late last year, it gave him some room to breathe. They all flowed into a federal bankruptcy court, where creditors could negotiate for whatever funds the aging former New York City mayor had left. But if the judge were to agree with the creditors and appoint a Chapter 11 bankruptcy trustee, Giuliani would lose control of his own financial life. AdvertisementA bankruptcy trustee would control all of Giuliani's assets and would be able to sell his two homes unimpeded. Giuliani's creditors have formed a supergroup to try to dig into his finances.

Persons: —, Rudy Giuliani, Sean H, Lane, Giuliani, hasn't, mismanaging, Eric Snyder, Wilk Auslander, They've, Ruby Freeman, Shaye Moss, Noelle Dunphy, Akin Gump, Freeman, Moss, Joe Biden, didn't, TrustPoint, Smartmatic, Jacquelyn Martin, Donald Trump, Snyder, Maria Ryan, Rudy Giuliani's, Ryan couldn't, Matt Rourke Giuliani, John Catsimatidis, Biden, Barrett Prettyman, Shane Moss, Drew Angerer, isn't Organizations: Service, Systems, Business, New, New York City, Department, Dominion, Giuliani, Trump's Saving America, Rudy's, Towers Foundation, Giuliani Communications, Republican, Trump, AP, WABC, America's, Washington , DC Locations: New York, New York City, Florida, Georgia, Smartmatic, WASHINGTON, DC, Washington ,, Fulton County, Fulton, Arizona

☆ Rudy Giuliani keeps telling judges he's broke, but won't share financial statements and took a private jet to his Georgia booking
▼ + stars: | 2023-09-03 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

Rudy Giuliani keeps saying he's broke and can't pay legal bills. Giuliani, US District Judge Beryl Howell wrote, provided only "a sliver of the financial documents required to be produced" for the lawsuit. Since the dawn of time, people have made up excuses to avoid doing things they do not want to do," Smartmatic's lawyers wrote. According to Smartmatic, Giuliani has provided shifting and slippery answers to questions about whether he can afford them. AdvertisementAdvertisement"So far, Giuliani's financial position tends to be whatever is most convenient for Giuliani," Smartmatic's lawyers wrote.

Persons: Rudy Giuliani, he's, Giuliani, Beryl Howell, Howell, didn't, — he's, —, Donald Trump, Rudy, Smartmatic, Joe Biden, Jacquelyn Martin, Giuliani hasn't, he'll, Spencer Platt, Mayor Giuliani, Ted Goodman Organizations: FBI, Service, US, Manhattan , New York City, Hamptons, New York Times, Trump, Save America PAC, Giuliani, Manhattan Locations: Wall, Silicon, Georgia, Manhattan, Manhattan , New York, Atlanta, New York

☆ Trump's PAC is doling out millions in legal fees over 2020 election investigations — just not to Rudy Giuliani
▼ + stars: | 2023-08-19 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Trump's PAC is helping pay millions in legal fees but is penny-pinching when it comes to Giuliani. Giuliani has more than $3 million in legal fees, but the PAC has only helped with a fraction of that, CNN reported. After that effort fell apart, Trump refused to help Giuliani with the costs associated with it. That reluctance to unburden Giuliani's legal debt now appears unchanged. A Georgia grand jury indicted Trump, Giuliani, and more than a dozen other Trump allies this week for their attempts to overturn the 2020 election.

Persons: Giuliani, Donald Trump's, Rudy Giuliani, Trump Organizations: Trump's PAC, CNN, Trump, New York Times, Service, America, America PAC Locations: Mar, Wall, Silicon, New York City, Georgia, Lago

CNN —With his attorney in tow, Rudy Giuliani traveled to Mar-a-Lago in recent months on a mission to make a personal and desperate appeal to former President Donald Trump to pay his legal bills. Giuliani and Costello traveled to Florida in late April where they had two meetings with Trump to discuss Giuliani’s seven-figure legal fees, making several pitches about how paying Giuliani’s bills was ultimately in Trump’s best interest. After Costello made his pitch, Trump verbally agreed to help with some of Giuliani’s legal bills without committing to any specific amount or timeline. Another source told CNN that Trump only agreed to cover a small fee from a data vendor hosting Giuliani’s records. At the Wednesday court hearing in the Smartmatic case, Giuliani attorney Adam Katz said, “These are a lot of bills that he’s not paying.

Persons: Rudy Giuliani, Donald Trump, Giuliani, Robert Costello, Trump, Costello, Smartmatic, Jack Smith’s, “ It’s, Michael Cohen, Robert Mueller, Adam Katz, he’s, ” Organizations: CNN, Mar, Trump, Save America PAC, New, Trump’s Save America PAC, Fox News, Giuliani –, Democracy Locations: Florida, New York, Mar, Georgia, Fulton County, Manhattan, ” The Georgia

“He is having financial difficulties,” Giuliani’s lawyers said in a filing this month in a civil defamation case brought by two Georgia election workers against him. The criminal charges that Fulton County District Attorney Fani Willis brought against Trump, Giuliani and 17 others will undoubtedly add to the former mayor’s legal bills. Giuliani wanted to search the records so he could respond in each of the election-related lawsuits, according to court filings. By May, Giuliani was more than $320,000 behind in payments to the document hosting company, according to a sworn statement he made in court. The New York state judge overseeing Smartmatic’s defamation case has a hearing set for Wednesday.

Persons: CNN — Rudy Giuliani, Donald Trump, Giuliani, Mr, ”, “ Giuliani, ” Giuliani, Fani Willis, Jack Smith’s, Trump, Giuliani’s, Bernie Kerik, Robert Costello, Ted Goodman, he’d, “, Trustpoint “, Shaye Moss, Ruby Freeman, Moss, Freeman’s, ” Moss, Freeman, Smartmatic, it’s, that’s Organizations: CNN, New, New York City, Trump, Giuliani, Democracy, FBI, Trustpoint, Voting Systems, Dominion Locations: New York, Manhattan, Georgia, DC, Fulton County, Washington, litigating

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