1. I've seen reports by attorneys who think that the $148,000,000 judgment against Rudy Giuliani is exempted from discharge. It was a default judgment and that means it was not on the merits and thus not entitled to collateral estoppel. Just like Alex Jones' judgment.
2. The case will have to be re-tried in a Bankruptcy court adversary proceeding under 11 USC 523(a)(6) and the plaintiffs have to move promptly or be forever barred. The money judgment is an unsecured debt and will likely be paid nothing or a few cents on the dollar
3. from his current assets if Rudy owes taxes and spousal support obligations. His major risks come from hiding assets or not cooperating in the process. The former could create criminal exposure and the latter put a trustee in charge of his case.
4. His judge is experienced and will likely want to keep it moving. His bankruptcy firm is small with several practice areas. If a big firm goes in hard and Rudy remains Rudy, it's possible that things could get gnarly.
5. His schedules claim he has no secured creditors. That means that all his assets that are not exempt are available to pay creditors. The defamation claim will be the largest claim if it is sustained and should get the lion's share of the proceeds of his assets. I can't recall
6. another case like this where there were no secured creditors. I'd want to see a lien search if I was involved in this one.
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