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Giuliani doesn’t want to sue Trump for $2m. His creditors might make him do it anyway
(www.independent.co.uk)
this post was submitted on 06 Mar 2024
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This is the best summary I could come up with:
Now, Mr Guiliani’s creditors are exploring multiple avenues to obtain what they are owed, including forcing him to possibly sue the Trump campaign, and/or the Republican National Committee, according to the source close to the matter.
Mr Giuliani filed for Chapter 11 bankruptcy in December 2023 after a colossal defamation verdict that ordered the man formerly known as “America’s Mayor” to pay more than $148m to a pair of election workers he falsely accused of manipulating votes in Georgia.
He also faces lawsuits and collections from more than a dozen other parties, including the IRS and city agencies, Dominion Voting Systems, Hunter Biden, and Noelle Dunphy, a former employee who accused him of sexual assault.
Shortly before his bankruptcy hearing last month, Mr Giuliani listed his assets and debts in a court filing and included a “possible claim for unpaid legal fees against Donald J Trump” for an undetermined amount.
If they believe the claims are “viable” – like the one listed regarding Mr Trump – the committee essentially can “step into the shoes” of the debtor, and can file a lawsuit, try to negotiate a settlement, or pressure him to sue, Ms Hines told The Independent.
Without legal action, creditors are scrambling to get back what they are owed, with Mr Giuliani reporting assets worth more than $10m — including two properties each valued in the millions, a Mercedes-Benz, and a signed Joe diMaggio shirt — that he could try to sell.
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