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☆ Rudy Giuliani owes $300,000 to firm that worked on his bankruptcy case, judge says
▼ + stars: | 2024-09-24 | by ( Katelyn | ) edition.cnn.com time to read: +2 min

But Lane is giving the accounting firm nearly all it sought. “There was an alarming and inappropriate lack of financial transparency by the debtor … which led to the need for this work,” Lane said at a court hearing on Tuesday. Giuliani dropped his bankruptcy case over the summer as the federal judge grew impatient with his lack of financial transparency. Global Data Risk has also been in court trying to collect quickly because the company was brought in to investigate Giuliani’s wealth on behalf of his creditors. Much of the company’s work never became public because Giuliani ended his bankruptcy prematurely.

Persons: Donald Trump, Rudy Giuliani, Giuliani, Sean Lane, Lane, ” Lane, Ruby Freeman, Shaye Moss, Freeman, Moss Organizations: CNN, Former New York City Mayor, New York Yankees Locations: White Plains , New York, Georgia, New, Manhattan, Florida

A New York bankruptcy judge on Friday approved a deal that would dismiss Rudy Giuliani’s attempt to secure bankruptcy protections, putting two former election workers he repeatedly defamed after the 2020 race closer to collecting on their $146 million verdict against him. Lane’s order gives Giuliani one business day after the ruling to pay the $100,000, at which point the case will be officially dismissed. Lane said in July he would dismiss the bankruptcy case, citing Giuliani's failure to turn over virtually any necessary information about his businesses, while submitting incomplete or incorrect information about his personal spending. A spokesman for Giuliani said at the time that Giuliani wanted the case done with because it was preventing him from appealing the Freeman verdict and subjecting him to "voluminous and overly broad discovery requests." The spokesman, Ted Goodman, did not immediately respond to a request for comment Friday night, nor did attorneys for Freeman and Moss.

Persons: Rudy Giuliani’s, Sean Lane, Donald Trump, Giuliani, Ruby Freeman, Wandrea “, ” Moss, Lane, Freeman, Ted Goodman, Moss, Rachel Strickland, ”, “, Rudy Organizations: Southern, of, New Locations: York, of New York, New York City, New York, Florida, Georgia

☆ Judge puts liens on Rudy Giuliani's apartments while dismissing his bankruptcy case
▼ + stars: | 2024-08-02 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +1 min

A judge imposed liens on Rudy Giuliani's apartments while dismissing his bankruptcy case. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe judge overseeing Rudy Giuliani's bankruptcy formally dismissed the case Friday — but put a lien on the former mayor's properties to make sure he pays all his legal bills. US Bankruptcy Judge Sean Lane already said in July that he would dismiss the case, expressing frustration in a "lack of financial transparency" on Giuliani's behalf.

Persons: Rudy Giuliani's, —, Sean Lane Organizations: Service, Business Locations: Florida, Manhattan

CNN —Rudy Giuliani’s trip to Milwaukee for last week’s Republican National Convention was bankrolled by the media platform started by “My Pillow Guy” Mike Lindell, Giuliani’s lawyer told a bankruptcy court that is scrutinizing the former New York City mayor’s finances. Lindell told CNN on Tuesday that Giuliani is an employee of the media company, but declined to say how much he was being paid for the job, which he said started July 1. Judge Sean Lane of the federal bankruptcy court in White Plains, New York, is expected to issue a ruling any day on how to move forward. Lindell told CNN on Tuesday that he paid for Giuliani’s travel because the former New York mayor was hired on July 1 as a host for Lindell’s right-wing broadcast platform, FrankSpeech TV. Giuliani said he had “no regrets at all” about how he treated Moss and Freeman during the 2020 election.

Persons: Rudy Giuliani’s, “, Guy, Mike Lindell, Giuliani’s, Giuliani, Donald Trump, Lindell, Ruby Freeman, Shaye Moss, Sean Lane, ” Lindell, “ It’s, “ We’ve, ” Giuliani, Frank Speech, Gary C, Fischoff, CNN’s Kaitlan Collins, Moss, Biden ”, Hunter Biden, ” “ They’re, Collins, Freeman, ” Organizations: CNN, Republican National Convention, New, Lindell, RNC, Trump Locations: Milwaukee, New York City, Georgia, Palm Beach , Florida, White Plains , New York, New York

☆ Giuliani drains half of bank account for personal expenses while creditors pursue what he owes them
▼ + stars: | 2024-07-17 | by ( Katelyn | ) edition.cnn.com time to read: +5 min

Giuliani only appears to have a portion of that amount in his personal bank account, which keeps being depleted to pay other bills, Wednesday’s federal court proceedings in White Plains, New York, revealed. Giuliani has been slow to disclose what cash he has on hand in liquid accounts, and hasn’t been fully transparent, the judge has found. Last Friday, Giuliani’s bankruptcy protection ended, and creditors such as the 2020 election workers Ruby Freeman and Shaye Moss are now able to pursue his $10 million net worth. He told Giuliani’s lawyers they had until Thursday at “high noon; that’s appropriately theatrical” to notify the court of a plan for Giuliani to resolve his bills. “If your client persists in this course of action, there are a lot of bad things that can happen,” Lane told Giuliani’s attorneys on Wednesday.

Persons: CNN — Rudy Giuliani, Giuliani, hasn’t, Rachel Strickland, ”, ” Strickland, Ruby Freeman, Shaye Moss, Moss, Freeman, , ’, Sean Lane, Lane, ” Lane, Heath Berger, Gary Fischoff, Donald Trump, CNN’s Kaitlan Collins, Ted Goodman, Giuliani “, Goodman, ” Trump Organizations: CNN, Republican National Convention, New, Amazon, Apple, Giuliani, Milwaukee, GOP, New York’s LaGuardia Locations: White Plains , New York, Georgia, New York City, York, Florida, Milwaukee, New York, Palm Beach , Florida, New

☆ Judge dismisses Giuliani’s bankruptcy case, allowing creditors to try to seize his assets
▼ + stars: | 2024-07-12 | by ( Katelyn | ) edition.cnn.com time to read: +5 min

CNN —Rudy Giuliani is no longer entitled to bankruptcy protection, a judge decided Friday, making it possible for creditors to immediately pursue his assets within days. Judge Sean Lane of the federal bankruptcy court in New York made the decision partly because of Giuliani’s lack of transparency after he filed for bankruptcy more than six months ago. The worth of those other assets is unclear, as creditors accuse Giuliani of downplaying or not disclosing complete estimates of the value of what he owns. The creditors believe one World Series ring alone would sell for nearly $30,000, according to court filings in his bankruptcy case. Giuliani agreed to end his bankruptcy proceedings, after Freeman and Moss suggested that approach earlier this week.

Persons: CNN — Rudy Giuliani, Giuliani, Ruby Freeman, Shaye Moss, Sean Lane, Lane, Giuliani hadn’t, Giuliani hasn’t, Mr, ” Lane, ” Giuliani –, –, Moss, Freeman, Joe DiMaggio, Singer, Donald Trump, CNN’s Sabrina Shulman Organizations: CNN, New, Mercedes, Benz, New York Yankees, Trump Locations: New York, Georgia, New York City, Palm Beach , Florida, Manhattan, Florida, California, White Plains , New York, Arizona, Dominion

☆ Rudy Giuliani bankruptcy case dismissed, opening door to creditors pursuing collection
▼ + stars: | 2024-07-12 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Rudy Giuliani speaks to members of the media where Florida Gov. A New York federal bankruptcy judge on Friday in a scathing ruling dismissed the Chapter 11 bankruptcy protection case of Rudy Giuliani, immediately exposing the newly disbarred former Trump lawyer to his creditors seeking repayments of his massive debts in other court venues. Those creditors include two Georgia election workers, to whom Giuliani owes $148 million in civil damages for defamation from a federal district court jury award in December. Freeman and Moss, unlike many other Giuliani creditors, supported the idea of dismissing the bankruptcy case in the Southern District of New York, which he filed days after losing the defamation judgment. In his ruling on Friday, Bankruptcy Judge Sean Lane wrote that he "finds that dismissal of this bankruptcy case with a one year bar to refiling is in the best interests of creditors."

Persons: Rudy Giuliani, Ron DeSantis, Giuliani, Ruby Freeman, Moss, Donald Trump, Freeman, New York, Joe Biden, Sean Lane, Lane, Giuliani's Organizations: Florida Gov, New, Trump, New York City, of, of Justice Locations: Florida, Manchester , New Hampshire, New York, Georgia, Southern, of New York, New, Arizona

☆ Rudy Giuliani creditors come together for the embattled former mayor's first bankruptcy hearing
▼ + stars: | 2024-01-20 | by ( Jake Offenhartz | Associated Press | ) www.businessinsider.com time to read: +4 min

A group of people who say Rudy Giuliani owes them money gathered for his first bankruptcy hearing. Some of Giuliani's creditors have expressed concern he is taking advantage of the bankruptcy process. During Friday's hearing, Giuliani's attorney tried to convince the bankruptcy judge, Sean Lane, to temporarily lift a stay to allow him to appeal the judgment. AdvertisementSome of Giuliani's creditors have expressed concerns that he is taking advantage of the bankruptcy process to avoid paying his debts. Advertisement"It's an interesting group in its own right: you have a ShopRite worker, election workers, an alleged sex worker," he added.

Persons: Rudy Giuliani, —, Giuliani, Gary Fischoff, patting, Hunter Biden, Biden, Ruby Freeman, Moss, Sean Lane, Lane, Abid Qureshi, cautioning, Ron Kuby, Daniel Gill Organizations: Trump, Service, New, IRS Locations: Georgia, New York City

NEW YORK (AP) — A group of people and businesses who say they are owed money by Rudy Giuliani gathered virtually Friday for the first court hearing since he declared bankruptcy last month after losing a defamation suit to two Georgia election workers. Biden is suing Giuliani, saying he wrongly shared his personal data after obtaining it from the owner of a computer repair shop. The Chapter 11 declaration halted the judgment but also prevented Giuliani from challenging the verdict. During Friday's hearing, Giuliani's attorney tried to convince the bankruptcy judge, Sean Lane, to temporarily lift a stay to allow him to appeal the judgment. “This guy stiffed a lot of workers.”The next hearing is scheduled for Jan. 31.

Persons: Rudy Giuliani, Giuliani, Gary Fischoff, patting, Hunter Biden, Biden, Ruby Freeman, Wandrea, ” Moss, Sean Lane, Lane, ”, Abid Qureshi, cautioning, Ron Kuby, Daniel Gill Organizations: New, IRS Locations: Georgia, New York City

☆ Genesis says NY AG lawsuit may force "no deal" bankruptcy liquidation
▼ + stars: | 2023-10-24 | by ( Dietrich Knauth | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW YORK, Oct 24 (Reuters) - Crypto lender Genesis Global said on Tuesday a New York civil fraud lawsuit could lead to a bankruptcy liquidation that does not resolve its claims against parent company Digital Currency Group (DCG). Rather than await the outcome of the lawsuit, Genesis intends to propose a "no deal" bankruptcy plan to distribute available crypto assets to customers and set up a process to preserve litigation claims against DCG and others, Genesis attorney Sean O'Neal said at a court hearing in New York. "It's not an easy decision, but it is an obvious decision," he told U.S. Bankruptcy Judge Sean Lane. Genesis believes creditors would be better off under a bankruptcy plan that includes a DCG settlement, but the company is running out of time to finalize a plan and send it to creditors for a vote, O'Neal said. Genesis Global filed for bankruptcy in January after the collapse of key counterparties including FTX caused it to freeze customer redemptions in November 2022.

Persons: Dado Ruvic, Letitia James, Genesis, DCG, Sean O'Neal, Sean Lane, O'Neal, litigate Genesis's, Mark Zuckerberg, Dietrich Knauth, Richard Chang Organizations: REUTERS, Genesis Global, Digital Currency Group, . New York, Gemini, U.S, New York, Meta, Thomson Locations: York, ., New York

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