New York Judge rules Giuliani can stay in Florida condo, amid bankruptcy, millions in liabilities
Giuliani's Palm Beach condominium is worth roughly $3.5 million.
A New York judge ruled that former Trump attorney and New York City Mayor Rudy Giuliani could stay in his Florida condominium, amid a bankruptcy and millions in liabilities.
The legal effort to force Giuliani out of his Palm Beach residence was made by creditors.
Judge Sean Lane acknowledged Thursday that while it is concerning that Giuliani owes money to multiple creditors, he would hold off on selling his property.
The condominium is worth about $3.5 million, according to The Associated Press.
Last year, Giuliani filed for bankruptcy in New York, citing that he had up to $500 million in liabilities.
His Chapter 11 bankruptcy petition lists $1 million to $10 million in assets and $100 million to $500 million in liabilities, according to the court filing.
Giuliani's next hearing is scheduled for May 14.