Rudy Giuliani blows through $30K in seven days since last bankruptcy hearing
Cash-strapped former New York City mayor Rudy Giuliani spent about $30,000 in the one week since a judge threw out his bankruptcy case.
The Wednesday afternoon hearing revolved around the terms of the dismissal of Giuliani’s Chapter 11 bankruptcy case, which a Judge Sean Lane ordered on Friday, July 12.
Lawyers for Giuliani and his bankruptcy creditors were trying to figure out how the former mayor would pay the administrative fees that have incurred throughout the case — but the terms hinge on how much Giuliani had in his bank.
Giuliani’s bank statement from just one account revealed that he had spent about half of the $60,000 that he had since the last hearing on July 10.
“About half of the debtor’s cash in this one account alone has been dissipated” since last Wednesday’s bankruptcy hearing, Rachel Strickland, lawyer for the defamed election workers, told the court after reading the statement.
The former mayor spent an unknown sum of cash at the Republican National Convention in Milwaukee — where he was seen falling over — but most of it went toward expenses for his two homes, Strickland said.
A check for $14,000 for New York condo expenses and a wire transfer for $25,000 for the Florida condo association were sent since the July 10 hearing, Strickland said. There were also a series of “relatively small charges” to marketing firms, as well as to Amazon and Apple, she said. The exact sum spent on the other expenses is not immediately clear.
“The debtor, I think, is up to Giuliani shenanigans yet again,” the lawyer continued. She also told the court that she had requested statements from all of his bank accounts. That account is his “main checking account,” one of his lawyers clarified to the court.
The amount in the