Key Takeaways:
– Former New York City Mayor Rudy Giuliani has been ruled to turn over his real estate and luxury possessions to two former Georgia election workers.
– He owes them $150 million due to the defamation suit they won against him.
– The women, Ruby Freeman and Shaye Moss, will control the property and could sell the Manhattan penthouse for millions.
– Other luxury items are to be directly transferred to Freeman and Moss.
– It is uncertain whether Giuliani can retain his Palm Beach condo and his four New York Yankees World Series rings.
– The women are also entitled to $2 million that former President Donald Trump allegedly owes Giuliani.
Ex-Mayor Rudy Giuliani’s Defamation Lawsuit Ends in Asset Handover
Earlier this week, Rudy Giuliani, the previous New York City Mayor, was ordered by a federal judge to give his property and luxury items to Ruby Freeman and Shaye Moss, two former election workers from Georgia. This ruling came after Giuliani lost a defamation lawsuit which left him owing the pair $150 million.
Control of Immense Property Transferred
In a detailed 24-page decision, Judge Lewis Liman specified that Giuliani must put his possessions in a receivership. Receivership means a person or entity holds something on behalf of others. In this case, it’s for Freeman and Moss. They now control the property. Among the possessions are Giuliani’s prized Manhattan Penthouse, which could rake in millions if sold.
Luxury Items Headed for New Ownership
Apart from the high-valued real estate, there are other luxury items that Giuliani must relinquish. These important pieces will be transferred directly to Freeman and Moss. They become the outright owners. There’s another issue causing a stir, though – what happens to Giuliani’s Palm Beach condominium and the four New York Yankees World Series rings? The former mayor claims to have given the rings to his son, Andrew. It’s unclear at this stage whether these items will stay with Giuliani or brush towards the new wave of ownership.
Trump’s Debt adds More Fuel to the Fire
A surprising twist to this tale is the $2 million that former President Donald Trump reportedly owes to Giuliani. Judge Liman ruled that Freeman and Moss are also entitled to this amount. This will add further complications to Giuliani’s current predicament.
Overall, these recent developments are another blow to the once-prominent figure, Giuliani. This situation serves as a lesson in accountability, where false accusations can end up costing not only a hefty amount but personal assets as well.