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Law selectors, pages, etc.
pb called it 100%. Rudy Giuliani declares bankruptcy.
By HatetheSwamp
December 21, 2023 11:53 am
Category: Law

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Remember? After the $148,000,000 judgment was announced against Rudy, ol pb noted that his favorite Grisham novel is, THE RAINMAKER, in which a recent law school graduate who couldn't land a job with a law firm secures a humongous judgment against an insurance company only to have the insurance company declare bankruptcy and the judgment disappear. pb predicted that Rudy would do that, too.

He just did.

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Comments on "pb called it 100%. Rudy Giuliani declares bankruptcy. ":

  1. by Curt_Anderson on December 21, 2023 12:32 pm
    That may not clear him of his lawsuit debt. Not that he has $148 million.

  2. by HatetheSwamp on December 21, 2023 12:38 pm

    I don't know the intricacies of bankruptcy law. I know enuff generally to know that bankruptcy will offer Rudy significant relief.

    No doubt, even the progressive SwampMedia will continue to cover the story.

    Certainly, the $148,000,000 judgment would have been reduced on appeal to a fraction of the jury's figure but, now Rudy will have to pay even less...and on much friendlier terms.

  3. by Curt_Anderson on December 21, 2023 12:42 pm
    He may not be able to appeal. To appeal he would have post bond of $148 million according to lawyer pundit I just heard.

  4. by Curt_Anderson on December 21, 2023 12:49 pm
    Bankruptcy will not prevent Mr. Giuliani from paying damages to Ms. Freeman and Ms. Moss, because those damages are considered an “intentional tort,” lawyers said.
    nytimes.com

  5. by HatetheSwamp on December 21, 2023 12:51 pm

    $148,000,000?????

  6. by Curt_Anderson on December 21, 2023 12:56 pm
    Obviously, you cannot get blood from a turnip. After he forks over the money from selling his home in Palm Beach and another place in New York, and any other tangible assets the bankruptcy court might leave Rudy with a toothbrush and a cot.

  7. by HatetheSwamp on December 21, 2023 12:59 pm

    You may be underestimating the impact of bankruptcy protection.

  8. by Curt_Anderson on December 21, 2023 1:11 pm
    There is a limit to how much hide and seek Rudy can play. Bankruptcy fraud is a federal crime in the United States and carries serious penalties. If convicted, a debtor can face up to five years in federal prison, a fine of up to $250,000 for individuals ($500,000 for businesses), or both.

  9. by HatetheSwamp on December 21, 2023 1:17 pm

    No doubt. But, don't let your extended TrumpHate carry you away. My guess is that Rudy's strategy, from the beginning, was to enter that trial with a claim of bankruptcy in mind. The jury could have awarded a $b-b-b-b-billion and it wouldn't have changed anything.

    What I don't get is why those of you who practice TrumpHate seem to care so much that Rudy suffers. Clearly, you do

  10. by Curt_Anderson on December 21, 2023 1:30 pm
    I happy to see lawbreakers suffer the consequences of their actions in a court of law. "This is probably the most egregious case of defamation I've read about, mainly because of the power disparity between the victims and amplified perpetrators", to quote myself.

    This case is harbinger of the Trump-led election interference criminal cases.
    selectsmart.com

  11. by Ponderer on December 21, 2023 2:02 pm

    I'm with you, Curt. The Jan 6th hearings and other cases uncovered staggering evidence of a busload of alleged criminals who need to see their day in court.


  12. by HatetheSwamp on December 21, 2023 2:06 pm

    po,

    As they say at Harvard, "Subjectivity is Veritas." Keehee hoohoo baha, ha.

  13. by Ponderer on December 21, 2023 2:14 pm

    "This case is harbinger of the Trump-led election interference criminal cases." -Curt

    No kidding. He is so dead-to-rights dead on all those. Georgia is going to flatten him.

  14. by Indy! on December 21, 2023 2:50 pm

    Florida law states something like if 25% of your home is paid off, it cannot be confiscated thru bankruptcy or other government actions. I learned that from the OJ situation. That's why he moved here - because the state couldn't take his home. However, that said - and if memory serves - he still had to sell off virtually everything he owned to pay down his debt to the Goldman family after they won the civil suit against him. I know he lost his Heisman trophy and all the other things that made his life comfortable and ended up signing autographs for any chumps willing to pay $10 for one.

    The Goldmans also received the rights to the book he had written in the hopes of paying down his legal fees from the two trials - "If I Did It" which the Goldmans went ahead and published with one minor change - they made the word "If" so tiny on the cover it virtually read "I Did It" unless you broke out a magnifying glass to see the "If".

    Anyway - bottom line - I expect Rudy to somehow buy a halfway decent home here and live off suckers in the GOP willing to buy him dinner or pay to hear him speak about 9/11 in between his drunken forays into the West Palm Beach "night life". Not unlike Roger Stone or Donald Trump.*


    *After he's lost all his legal misadventures.

  15. by HatetheSwamp on December 21, 2023 2:57 pm

    I'm sure Rudy figured out in advance the best place and the best way to become insolvent.

  16. by Indy! on December 21, 2023 6:35 pm

    Right... the guy who thought he arranged a press conference at a Four Seasons Hotel that turned out to be Four Seasons Total Landscaping instead. 😂

  17. by Ponderer on December 21, 2023 8:08 pm

    Rudy is going to be working for those two women for the rest of his life.

    And considering the disgusting and evil things he has done to them, it will still be small compensation.

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