Rudy Giuliani’s Creditors Seek “Onerous” Conditions for Emergence from Bankruptcy

Former New York City Mayor Rudy Giuliani is facing a battle with his creditors as he seeks to emerge from bankruptcy. Giuliani’s creditors are pushing for strict conditions to be imposed on him, including appointing a trustee over his finances and selling his $6.5 million New York penthouse.

Giuliani’s lawyers have strongly opposed these conditions, arguing that the creditors are trying to have complete control over Giuliani while also seeking to dismiss the case. The former mayor declared bankruptcy after being ordered to pay $148 million to two Georgia election workers in a defamation lawsuit.

While Giuliani is willing to have a lien placed on his penthouse to ensure his creditors are paid, he is resisting transferring $350,000 to a forensic accounting firm hired by the creditors. His lawyers have submitted a proposed order for Giuliani to emerge from bankruptcy without a trustee overseeing his estate.

Giuliani’s spokesperson has linked the bankruptcy case to his role in exposing alleged wrongdoing by Hunter Biden, son of President Joe Biden. The spokesperson claims that the bankruptcy proceedings have been burdened with overly broad discovery requests and leaks of information intended to harm Giuliani.

As the legal battle continues, Giuliani’s team remains confident that he will be vindicated in the long run. The case highlights the ongoing challenges faced by the former mayor as he navigates his way out of bankruptcy.