Rudy Giuliani Declares Bankruptcy Following $148M Defamation Suit Loss

Rudy Giuliani has filed for bankruptcy after being ordered to pay $148 million to two former Georgia election workers in a defamation lawsuit. Giuliani listed $153 million in debts, including tax liabilities and potential legal judgments. The bankruptcy filing will allow him to pursue an appeal while providing transparency for his finances under the supervision of the bankruptcy court. Last week, a federal jury awarded the election workers $148 million in their defamation case against Giuliani, who falsely claimed they were part of a conspiracy to rig the state's 2020 presidential election results.