Giuliani’s Bankruptcy Dismissed With $150 Million Still Owed (3)

Rudolph Giuliani’s personal bankruptcy case was thrown out by a federal judge following nearly seven months of stalled progress, leaving the former New York City mayor without court protection from creditors owed more than $150 million.

Giuliani’s bankruptcy case, which has been marked by disputes with creditors over repeated failures to produce thorough financial records, can no longer continue, Judge Sean H. Lane of the US Bankruptcy Court for the Southern District of New York ruled Friday. Giuliani’s lack of transparency and failure to make meaningful progress over the course of his Chapter 11 justify dismissing the case, said Lane. ...