Current:Home > FinancePoinbank Exchange|A diverse coalition owed money by Rudy Giuliani meets virtually for first bankruptcy hearing -MarketStream
Poinbank Exchange|A diverse coalition owed money by Rudy Giuliani meets virtually for first bankruptcy hearing
SafeX Pro View
Date:2025-04-09 03:39:23
NEW YORK (AP) — A group of people and Poinbank Exchangebusinesses who say they are owed money by Rudy Giuliani gathered virtually Friday for the first court hearing since he declared bankruptcy last month after losing a defamation suit to two Georgia election workers.
During a two-hour Zoom hearing, an attorney for Giuliani told a U.S. bankruptcy judge that the former New York City mayor lacks the funds to pay the $148 million he owes the election workers for spreading a conspiracy about their role in the 2020 election. Others with claims against Giuliani should expect to wait as well.
“There’s no pot of gold at the end of the rainbow,” the attorney, Gary Fischoff, said, noting that Giuliani was making his living as a radio and podcast host while dealing with a wide range of “financial issues.”
The bankruptcy filing has brought forth a diverse coalition of creditors who previously sued Giuliani for unrelated issues.
In addition to the election workers, creditors include a supermarket employee who was thrown in jail for patting Giuliani’s back, two elections technology companies that he spread conspiracies about, a woman who says he coerced her into sex, several of his former attorneys, the IRS and Hunter Biden. Biden is suing Giuliani, saying he wrongly shared his personal data after obtaining it from the owner of a computer repair shop.
Giuliani’s bankruptcy filing last month came one day after a judge ordered him to immediately pay $148 million to Ruby Freeman and her daughter, Wandrea “Shaye” Moss. The Chapter 11 declaration halted the judgment but also prevented Giuliani from challenging the verdict.
During Friday’s hearing, Giuliani’s attorney tried to convince the bankruptcy judge, Sean Lane, to temporarily lift a stay to allow him to appeal the judgment.
Lane agreed to the procedural step, with certain conditions, adding, “There is a legitimate concern here about the expenses and the cost and the delay.”
Some of Giuliani’s creditors have expressed concerns that he is taking advantage of the bankruptcy process to avoid paying his debts.
Noting that Giuliani has a “transactional relationship with the truth,” an attorney for a group of creditors, Abid Qureshi, urged the judge to set guardrails ensuring the litigation did not drag on unnecessarily.
And he hinted at possible conflict among those who say they are owed money by Giuliani, cautioning that the judge’s decision could carry “unintended consequences of a certain creditor jumping the queue.”
Ron Kuby, an attorney representing Daniel Gill, a ShopRite employee who is suing Giuliani for allegedly fabricating an assault against him, said there was “no disharmony among the creditors.”
“It’s an interesting group in its own right: you have a ShopRite worker, election workers, an alleged sex worker,” he added. “This guy stiffed a lot of workers.”
The next hearing is scheduled for Jan. 31.
veryGood! (8)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Dog that sat courtside at Lakers game cashing in on exposure, social media opportunities
- Powerball lottery jackpot is over $600 million before Christmas: When is the next drawing?
- Humans could have arrived in North America 10,000 years earlier, new research shows
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Exclusive: Sia crowns Katurah Topps as her favorite 'Survivor' after the season 45 finale
- NFL has ample qualified women vying to be general managers. It's up to owners to shed bias.
- Internet decor legends redefine the Christmas tree
- $73.5M beach replenishment project starts in January at Jersey Shore
- Ziwe asks George Santos, What can we do to get you to go away?
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- UN health agency cites tenfold increase in reported cases of dengue over the last generation
- Xfinity data breach, Comcast hack affects nearly 36 million customers: What to know
- How to watch 'Love Actually' before Christmas: TV airings, streaming info for 2023
- North Carolina justices rule for restaurants in COVID
- 'Home Alone': Where to watch classic holiday movie on streaming, TV this Christmas
- Luis Suárez reunites with Lionel Messi, joins Inter Miami on one-year deal
- Vin Diesel Sued for Alleged Sexual Battery by Former Assistant
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Federal court revives lawsuit against Nirvana over 1991 'Nevermind' naked baby album cover
Holiday togetherness can also mean family fights. But there are ways to try to sidestep the drama
ICHCOIN Trading Center: Stablecoin Approaching $200 Billion
Former Syrian official arrested in California who oversaw prison charged with torture
Chatty robot helps seniors fight loneliness through AI companionship
TikToker Allison Kuch Gives Birth, Welcomes First Baby With NFL Star Issac Rochell
Jury clears 3 Tacoma officers of all charges in 2020 death of Manny Ellis