Rudy Giuliani files for bankruptcy days after being ordered to pay $148 million in defamation case

Rudy Giuliani filed for bankruptcy, acknowledging financial strain exacerbated by his pursuit of false 2020 election claims and a $148 million jury's award to two former Georgia election workers he defamed. Giuliani listed nearly $153 million in debts, including tax liabilities, money owed to lawyers, and potential legal judgments. He estimated his assets in the range of $1 million to $10 million. The bankruptcy filing will allow Giuliani to pursue an appeal while providing transparency for his finances under the supervision of the bankruptcy court.