**Giuliani Must Surrender Apartment, 26 Watches**

ZAGO 𝕸𝖊𝖉𝖎𝖆

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Post on Oct 23, 2024

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Giuliani Ordered to Surrender Apartment and 26 Watches in Latest Legal Setback

Former New York City Mayor Rudy Giuliani has been ordered to surrender his Manhattan apartment and 26 luxury watches as part of a legal battle with his former business partner, Bernard Kerik. This ruling comes after Giuliani was found liable for $10 million in damages for breaching a contract with Kerik.

The court's decision marks a significant turning point in the ongoing legal dispute between the two former allies. The seizure of Giuliani's assets, including his upscale Upper East Side apartment and an impressive collection of watches, highlights the gravity of the situation and the potential consequences of his actions.

The Case: A Business Deal Gone Wrong

The lawsuit stems from a failed business deal in 2017, where Giuliani and Kerik partnered to form a consulting firm. The agreement, which involved Giuliani providing consulting services and Kerik managing the firm's operations, quickly soured. Kerik alleged that Giuliani failed to fulfill his contractual obligations, leading to the firm's demise.

In December 2022, a jury found Giuliani liable for breach of contract and awarded Kerik $10 million in damages.

The Court's Decision and its Impact

The latest order by Judge Joel Cohen of the New York Supreme Court requires Giuliani to surrender the apartment and watches as part of the court's efforts to secure the judgment in Kerik's favor. This move signifies the court's willingness to take decisive action to ensure that Kerik receives the compensation he is entitled to.

The seizure of such valuable assets raises questions about Giuliani's financial standing and the potential impact this ruling could have on his ongoing legal battles. The former mayor is facing multiple investigations and lawsuits, including a federal investigation into his activities in Ukraine.

What's Next for Giuliani?

Giuliani's legal team has indicated that they will appeal the ruling, highlighting the potential for further legal battles ahead. This latest setback further complicates Giuliani's already challenging legal landscape.

The seizure of his apartment and luxury watches could have a significant impact on his personal life and financial stability. The case serves as a reminder of the legal and financial consequences that can arise from business disputes, particularly in the context of high-profile figures like Giuliani.

This case is expected to continue to unfold in the coming months, with the outcome potentially having far-reaching consequences for both Giuliani and Kerik.

Keywords: Rudy Giuliani, Bernard Kerik, lawsuit, breach of contract, apartment, watches, legal battle, judgment, assets, seizure, legal consequences, financial impact, investigations, lawsuits, Ukraine, appeal, court order, New York City, former mayor.