Giuliani files for bankruptcy after judge rules Georgia election workers can collect $148m
- Former Mayor of New York Rudy Giuliani has filed for bankruptcy in a New York court after being ordered to pay $148 million for defamation against two Georgia election workers.
- Giuliani's bankruptcy filing estimates his assets between $1 million and $10,000, with liabilities ranging from $100 million to $500 million. His lawyers state that Chapter 11 allows him to appeal while ensuring fair treatment to all creditors.
- A federal judge in Washington, D.C., had ordered Giuliani to pay the damages, and the election workers had filed a new lawsuit to prevent further defamation.
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