Jan 3, 2025, 3:44 PM
Jan 2, 2025, 5:26 AM

Rudy Giuliani battles to save his Yankees rings from a massive defamation verdict

Highlights
  • Rudy Giuliani is in a contempt hearing regarding a $148 million defamation judgment.
  • He has reportedly failed to turn over necessary assets while attempting to protect items like World Series rings.
  • The outcome of the hearing could significantly impact Giuliani's financial and legal standings.
Story

In a New York courtroom, Rudy Giuliani faces a contempt hearing related to a $148 million defamation judgment awarded to two Georgia election workers, Ruby Freeman and Shaye Moss, in the aftermath of his false allegations against them during the 2020 presidential election. The judge is evaluating claims that Giuliani has failed to comply with orders to disclose certain assets. Despite turning over a vehicle and a New York apartment, Giuliani is accused of withholding documents necessary for monetization of his remaining assets, which could affect his upcoming trial concerning his luxury items including the World Series rings. As the legal battle continues, Giuliani contends that the four Yankees World Series rings, awarded to him by the late owner George Steinbrenner in 2002, should be preserved as a family heirloom for his son, Andrew. Giuliani claims that the rings are not subject to the judgment as he insists they were meant for his son. His lawyers argue that the rings were given to Giuliani with the understanding that they were intended for Andrew, and thus, they should not be part of the assets available to satisfy the debt. This contempt hearing has broader implications as the court evaluates Giuliani's approach in handling the $148 million verdict that resulted from his defamation against Freeman and Moss, who were falsely accused of ballot tampering. His failure to adequately disclose all assets could lead to significant sanctions, including the potential loss of his residence in Palm Beach, Florida. The judge is expected to rule shortly, following which a trial will determine the fate of the rings and Giuliani's real estate. In previous court proceedings, Giuliani has expressed strong feelings about the judgment, referring to it as 'absurd' and indicating plans to appeal. As the legal scrutiny intensifies, not only is there a focus on his assets, but also on his political connections and activities post-judgment. Giuliani has publicly associated his situation with his support for Donald Trump, further complicating the narrative surrounding his legal challenges, including criminal charges in Georgia concerning election interference.

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