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ZeroCool@feddit.ch to News@lemmy.world · 1 year ago

Rudy Giuliani files for bankruptcy after $148M defamation judgment

abcnews.go.com

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Rudy Giuliani files for bankruptcy after $148M defamation judgment

abcnews.go.com

ZeroCool@feddit.ch to News@lemmy.world · 1 year ago
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A week after losing a $148 million defamation case, former New York City Mayor Rudy Giuliani has filed for Chapter 11 bankruptcy in a New York court.
  • Snot Flickerman@lemmy.blahaj.zone
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    1 year ago

    As a student who has never been allowed to discharge his student loan debts…

    Why the fuck aren’t there laws in place for specifically shit like this, when rich people turn to bankruptcy to avoid paying bills? My student loans can’t be discharged in bankruptcy, but this kind of shit can?

    Fuck that shit, bring back debtors prison for rich assholes like this.

    • Pistcow@lemm.ee
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      The judgment isn’t dischargeable. Hecan say bankruptcy but they’ll freeze and put a lein on everything he owns. He’s super fucked.

      • meco03211@lemmy.world
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        He’s not super fucked yet though. He’ll just pull an Alex Jones and stall as long as possible while still living the same life.

        • gregorum@lemm.ee
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          Alex Jones had a lot of people helping him hide his money, so it’s tangled up a lot more than with Giuliani. Also, Giuliani is under a hell of a lot more scrutiny than Alex Jones was or is. And the judges in Jones’s case didn’t seem to be moving as quickly as with Giuliani, who also only has the single case and single judge. I seriously doubt that Giuliani will be able to stall like Jones has been able to. I think it’s fair to say that Giuliani is far more fucked than Jones at this point.

          • "no" banana@lemmy.world
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            1 year ago

            And make no mistake. AJ will pay his dues.

            • Aniki 🌱🌿@lemm.ee
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              1 year ago

              Any. Day. Now…

              • Snot Flickerman@lemmy.blahaj.zone
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                It’s only been (*checks watch) seven years since Alex Jones first defamed them, and he’s whittled down the payment from $1.1 billion to $85 million…

                Any day now, indeed.

                • kautau@lemmy.world
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                  And now he’s saying 55 million

                  https://apnews.com/article/alex-jones-sandy-hook-shooting-bankruptcy-b8e8377dcc45df5f2938ff547228328f

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        Ah, but he didn’t just say bankruptcy. He declared it.

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    • Osa-Eris-Xero512@kbin.social
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      It can’t be. He’s going to be on the hook for the rest of his life.

    • 【J】【u】【s】【t】【Z】@lemmy.world
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      1 year ago

      There are specific laws, it’s called the bankruptcy code.

    • doctorcrimson@lemmy.world
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      1 year ago

      Technically a lot of student loans are dischargeable 5 years into repayment.

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