Legal Experts Explain How Rudy Giuliani’s Latest Financial Blow Could Play Out

Must read

Drowning in a Sea of “Shoulds”: How the Modern Woman Can Find Her Footing and Thrive with Cherillyn

The modern woman is drowning. Not in the literal sense, but in a sea of "shoulds." She should be a high-powered executive, climbing the...

Janna Johnson On Parenting With Or Without Chains

Author of Unf*ck Your Mind shares how to be the perfect mother in a life of chaos and instability. By Sarshar Hosseinnia “Every single generation should...

Jackie Edmundson, CEO Of Stealth Venture Labs, On Why Leaders Should Be Challenging Everything

From challenging clients to internal staff, the most efficient method for leadership is to question everything – which can only be applied effectively by...

Diana Trudic: Shattering Ceilings and Shaping Futures with Astrology

In a remarkable display of talent and perseverance, Diana Trudic has claimed two prestigious accolades in 2024, solidifying her place as one of the...

Rudy Giuliani might not have $148 million lying around, but that doesn’t mean he can shirk the latest blow to his finances, according to top legal experts.

Following a jury’s verdict at a federal courthouse in Washington, D.C., on Friday, the former Donald Trump attorney was ordered to pay the eye-popping sum to two Georgia election workers he defamed after the 2020 election.

The figure is broken up into $33 million for defamation, $75 million in punitive damages, and $40 million for emotional distress to Ruby Freeman and her daughter, Shaye Moss.

“Does he have $148 million? No, I’m not even sure that Rudy Giuliani can afford to pay for Four Seasons landscaping right now,” former acting Solicitor General Neal Katyal told MSNBC’s Jen Psaki on Sunday, referring to the infamous press conference Giuliani hosted for Trump in the parking lot of a Philadelphia landscaping business in the days following the 2020 vote.

“But nonetheless, I think whatever he’s got is now going to be seized by these two plaintiffs,” Katyal said.

Friday’s stunning verdict adds to a long list of legal and financial woes for the former New York City mayor.

According to Katyal, declaring bankruptcy will not shield Giuliani from the ruling, because bankruptcy law protections do not apply to this type of judgment, where the defendant intentionally caused harm.

Outside a Washington, D.C., courthouse on Friday, Rudy Giuliani called the $148 million figure
Outside a Washington, D.C., courthouse on Friday, Rudy Giuliani called the $148 million figure “absurd” and said he plans to appeal the verdict.

Anna Moneymaker via Getty Images

Andrew Weissmann, a former federal prosecutor, said the election workers’ attorneys can continue pursuing legal avenues to identify Giuliani’s assets — and he predicts they will be “tenacious” about it.

“This kind of judgment is not wiped out by bankruptcy. So they’re entitled to continue looking and to take depositions and discovery,” he said on MSNBC, noting that Giuliani’s refusal to comply with discovery requirements in the first half of the trial was what landed him in this mess.

He said a continued refusal to cooperate could land Giuliani in jail.

“He didn’t say where his assets were. He didn’t say anything about that. If he continues to do that, the one thing that the judge has not yet done, but can do, is put him in jail,” Weissmann said. “So there are still remedies for the judge to make sure that every asset he has is disclosed.”

Money aside, Weissmann touted the significance of the ruling, comparing the two women to E. Jean Carroll, who successfully sued Trump for defamation and rape. (Trump was found liable for sexual abuse, but not rape, in the latter case.)

“The bravery of these two women, like the bravery of E. Jean Carroll, to not be just victims, but to seek legal accountability, is important regardless of whether they ever see a dime of the judgment,” Weissmann said.

Giuliani is also being sued by two voting systems companies over his false 2020 election claims, and by his former attorney, who alleges Giuliani owes him nearly $1.4 million in unpaid legal bills. In May, a woman who said she worked with Giuliani filed a lawsuit alleging he coerced her into sex and owed her nearly $2 million in unpaid wages.

Giuliani also faces criminal charges in Georgia, where he is charged alongside Trump over alleged efforts to overturn the state’s 2020 presidential election results.

Watch Katyal and Weissmann’s analysis on “Inside with Jen Psaki” below.

Support HuffPost

The Stakes Have Never Been Higher

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

Our News, Politics and Culture teams invest time and care working on hard-hitting investigations and researched analyses, along with quick but robust daily takes. Our Life, Health and Shopping desks provide you with well-researched, expert-vetted information you need to live your best life, while HuffPost Personal, Voices and Opinion center real stories from real people.

Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.

As the 2024 presidential race heats up, the very foundations of our democracy are at stake. A vibrant democracy is impossible without well-informed citizens. This is why HuffPost’s journalism is free for everyone, not just those who can afford expensive paywalls.

We cannot do this without your help. Support our newsroom by contributing as little as $1 a month.

As the 2024 presidential race heats up, the very foundations of our democracy are at stake. At HuffPost, we believe that a vibrant democracy is impossible without well-informed citizens. This is why we keep our journalism free for everyone, even as most other newsrooms have retreated behind expensive paywalls.

Our newsroom continues to bring you hard-hitting investigations, well-researched analysis and timely takes on one of the most consequential elections in recent history. Reporting on the current political climate is a responsibility we do not take lightly — and we need your help.

Support our newsroom by contributing as little as $1 a month.

Support HuffPost

More articles

Latest article

Drowning in a Sea of “Shoulds”: How the Modern Woman Can Find Her Footing and Thrive with Cherillyn

The modern woman is drowning. Not in the literal sense, but in a sea of "shoulds." She should be a high-powered executive, climbing the...

Janna Johnson On Parenting With Or Without Chains

Author of Unf*ck Your Mind shares how to be the perfect mother in a life of chaos and instability. By Sarshar Hosseinnia “Every single generation should...

Jackie Edmundson, CEO Of Stealth Venture Labs, On Why Leaders Should Be Challenging Everything

From challenging clients to internal staff, the most efficient method for leadership is to question everything – which can only be applied effectively by...

Diana Trudic: Shattering Ceilings and Shaping Futures with Astrology

In a remarkable display of talent and perseverance, Diana Trudic has claimed two prestigious accolades in 2024, solidifying her place as one of the...

Michella Filipowitz: Leading the Way for Special Needs Support

From sneaking out of her home at 15 to pursue a modeling career in Paris, to becoming a leading advocate for children with disabilities,...