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Rudy Giuliani’s Bankruptcy Case Thrown Out By Federal Judge

Former Republican Mayor of New York City Rudy Giuliani's bankruptcy filing was rejected by a federal judge Friday, clearing the way for his effort to collect a $150 million judgment.

Giuliani initially filed for bankruptcy in December after a judgment was entered in favor of Georgia election officials Ruby Freeman and Wondrea Arshay Moss. In a 22-page written report, Judge Sean Lane of the U.S. Bankruptcy Court for the Southern District of New York agreed with a motion by lawyers for Freeman and Moss to dismiss Giuliani's lawsuit. VerdictHe said former President Donald Trump's former lawyer had not been transparent about his finances. (Related story: 'Not an expert on clerkship duties': Fulton County District Attorney avoids questions about leaked Trump indictment)

“Mr. Giuliani failed to fulfill his obligations to file accurate and complete monthly operating reports,” Lane wrote. “Debtors are required to file monthly operating reports that contain information about cases and specific financial transactions, and to 'keep records of receipts and dispositions of moneys and property received.'”

“As part of a debtor’s continuing obligations during its case, monthly operating reports must be filed by the 21st of the month immediately following the reporting period. [monthly operating report]Lane continued: “All of Mr. Giuliani's monthly operating reports have not been submitted on time.”

The ruling will bar Giuliani from refiling for bankruptcy for one year.

“The one-year stay allows creditors time to pursue any rights they may have, including enforcing existing judgments and pursuing any outstanding litigation,” Lane wrote.

U.S. District Judge Beryl Howell of the District of Columbia found Giuliani liable for defaming Moss and Freeman. Default judgment In August, it alleged that the former New York City mayor had failed to comply with discovery requirements.

Giuliani has been indicted in Georgia and Arizona for his role in former President Donald Trump's efforts to contest the results of the 2020 election in those states.

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