Examine This Report on southern liquidation

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Dismissing the former NYC Mayor's Chapter 11 filing, a decide dominated creditors could now seek to liquidate his belongings

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The ruling, which prevents Giuliani from re-filing for bankruptcy for a minimum of just one 12 months, could be a long-awaited aid for those to whom he owes website funds.

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To Make contact with the editor to blame for this story: Maria Chutchian at [email protected]

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4 billion in defamation-similar judgments simply because personal bankruptcy legislation doesn’t enable the discharge of debts stemming from willful and destructive perform.

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Most lately, Twomey has become Doing the job as a private guide for Electrical power firms delivering steering on federal accounting and reporting troubles with regards to creation, profits, and royalties.

Rudolph Giuliani’s own personal bankruptcy scenario was thrown out by a federal choose adhering to almost 7 months of stalled development, leaving the former Ny city mayor without court docket protection from creditors owed in excess of $one hundred fifty million.

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