In a twirl of events that could rival even the most dramatic reality TV shows, former New York City mayor Rudy Giuliani has reportedly filed for bankruptcy protection in a federal court. This move comes hot on the heels of a recent ruling that ordered Giuliani to pay a staggering sum of nearly $150 million in damages for defaming two election workers in Georgia.
Giuliani, a longtime ally of former President Donald Trump, has found himself drowning in a sea of financial turmoil. According to his legal team, the prominent attorney claims to have assets of up to $10 million but is burdened with debts that reach a jaw-dropping half a billion dollars. These liabilities include the aforementioned defamation judgment, three pending defamation cases, unpaid taxes amounting to nearly a million dollars, and hefty fees for legal and accounting services.
