Rudy Giuliani's Coffee Company Comes Under Scrutiny – CoffeeTalk
Two election workers are seeking to enforce a $148 million defamation judgment against Rudy Giuliani, the former Donald Trump lawyer. New York federal judge Lewis Liman criticized Giuliani’s attempts to use company law to stop Ruby Freeman and her daughter, Shaye Moss, from freezing funds held by Giuliani Communications. Giuliani Communications holds the profits to Giuliani’s coffee company, Rudy Coffee, which was not sued by Freeman and Moss and has no relation to the 2020 election.
Although company law typically protects a limited liability company from unrelated lawsuits involving one of its executives, there are exceptions. In Giuliani’s case, the judge in his case has held that the company is the mere ‘alter ego’ of Giuliani based on how it functions. Giuliani’s image and name are on each coffee package and he has recorded online adverts for it.
Giuliani Communications receives its coffee profits through Parkside Financial Bank and Trust in St Louis, Missouri. Liman wrote that Giuliani had put forward an “unpersuasive” argument that Parkside was exempt from the case and that its assets should not be restrained by the court. The plaintiffs’ restraining notice does not seek to have Parkside turn over the relevant funds to the plaintiffs or to have the Court or Parkside determine the ownership of those funds.
The plaintiffs are seeking a “kind of freeze on such of the debtor’s assets as the served person may have…It buys time,” according to the law book, New York Practice.
Read More @ Newsweek
Source: Coffee Talk