RSS The Washington Post

Bankruptcy judge threatens to force Giuliani to testify about finances

Rudy Giuliani's bankruptcy case remains unresolved due to his failure to explain how he will pay administrative fees. Judge Sean Lane suspects Giuliani has assets to cover the fees, citing his ownership of valuable apartments. Lane may require Giuliani to testify under oath about his finances. Despite seeking Chapter 7 bankruptcy, which would hand over his assets to a trustee, Giuliani later requested dismissal. Freeman and Moss, who won a defamation case against Giuliani, support the dismissal, allowing them to pursue collection. However, Lane warns that he may reconsider dismissing the case if Giuliani does not pay the creditor costs. Attorneys for Giuliani claim they are negotiating with creditors, while creditors accuse Giuliani of spending without authorization. Lane has threatened to explore the appointment of a trustee to liquidate Giuliani's assets if he does not comply with the court's demands. The judge emphasizes that Giuliani's lack of cooperation and financial transparency may result in adverse consequences.
www.washingtonpost.com
www.washingtonpost.com
Create attached notes ...