Rudy Giuliani Handed $331,000 Bill in Bankruptcy Case

An advisory firm that was monitoring Rudy Giuliani’s finances for five months has hit him with a $331,000 bill for its services.
The film, Global Data Risk, was hired to check if the former New York mayor was hiding assets from his debtors. It had meetings with “people of interest” who know about Giuliani’s finances and could tip them off, the company’s latest court filing shows.
Lawyers for Giuliani’s creditors previously told a New York judge that Giuliani must pay the full amount to Global Data Risk before the creditors will agree with his request to come out of bankruptcy.
Giuliani is facing dozens of creditors and a number of high-profile lawsuits, including a $10 million sexual harassment claim and a $1.3 billion voter machine defamation case.
Giuliani declared bankruptcy in December last year after a jury awarded $148 million to two Georgia election workers who won a defamation lawsuit against him. As an attorney for Donald Trump in 2020, Giuliani falsely accused mother and daughter Ruby Freeman and Shaye Moss of adding ballots for Joe Biden, who won the state.
Newsweek sought email comment from Giuliani’s spokesperson on Tuesday.
Global Data Risk had acted as a “specialized forensic financial adviser to the official committee of unsecured creditors for the period from February 9, 2023 through July 11, 2024,” according to its latest court filing.
The firm was hired to monitor Giuliani’s finances and report back to his creditors so that Giuliani could not hide his assets from them.
The company’s bill is made up of $324,843 in fees and over $6,800 in expenses.
It’s also a reduction in a figure of over $400,000 previously mentioned in court and to which Giuliani’s lawyer had objected.
In its filing to Judge Sean Lane in New York bankruptcy court on Monday, the firm itemized its fees, including $8,387.50 for 30 hours of meetings with the creditors.
“Time billed to this task code relates to preparation for, and attendance at, weekly meetings with the Committee and its advisers with respect to the Chapter 11 Case. These meetings were essential for discussing the progress of the Chapter 11 Case, addressing Committee member questions and concerns and discussing key objectives and strategies for the Chapter 11 Case,” the filing states.
There was also $3,437.00 for 12.5 hours of meetings with “external entities” “to plan and organize various methods of asset tracing and data forensic investigation.”
There is also $7,975.00 for 29 hours of “interviews with persons of interest” who could help give insight into Giuliani’s life.
“Time billed to this task code includes interviews with persons of interest related to the Debtor to investigate potential asset tracing avenues and establish an understanding of the Debtor’s background and assets.”
“These interviews provided critical insights into potential hidden or undisclosed assets and also contributed to financial transparency by revealing details about the Debtor’s financial practices and transactions.”
This was needed to “develop an investigative strategy,” it states.
The filing was made by Erik Laykin, Global Data Risk’s Chief Executive Officer.
He previously worked as financial adviser to the examiner in the Lehman Brothers bankruptcy, according to a court filing.
That filing, made last March, stated that Global Data Risk’s team on the Giuliani case would include former members of Secret Service, the CIA and the FBI.