Creditors Concerned Rudy Giuliani Will Avoid Selling $6.5 Million New York Apartment After Bankruptcy

Rudy Giuliani’s creditors are raising concerns that the former New York City mayor may try to avoid selling his $6.5 million penthouse in Manhattan as he emerges from bankruptcy. Attorney Rachel Strickland, representing the creditors, filed a complaint with a New York bankruptcy judge, alleging that Giuliani is attempting to shield his assets and avoid paying his debts.

The filing comes in response to Giuliani’s own complaint that the creditors were imposing unfair conditions on his emergence from bankruptcy. Strickland is requesting that a trustee be appointed to oversee Giuliani’s finances and have the power to sell his New York City apartment for the benefit of the creditors.

Giuliani filed for bankruptcy in December after being ordered to pay $148 million in a defamation lawsuit to two Georgia election workers. The creditors are concerned that Giuliani is not putting enough of his assets on the table to ensure they are paid what they are owed.

While Giuliani does not object to a lien being placed on his penthouse, Strickland argues that there are no guarantees that he will follow through with selling the property. The apartment has been on and off the market for the past year, raising doubts about Giuliani’s intentions.

Despite the ongoing legal battle, Giuliani’s spokesperson maintains that he is coming out of bankruptcy to avoid excessive discovery requests and is confident that he will ultimately be vindicated. The case continues to unfold as both sides seek resolution in the complex financial situation.