Girardi can’t discharge over $200M in debt, bankruptcy court rules

Suspended attorney Thomas V. Girardi’s default in a Chapter 7 bankruptcy opens all his assets to creditors.

U.S. Bankruptcy Judge Barry Russell (Daily Journal photo)

Suspended attorney Thomas V. Girardi cannot discharge over $200 million worth of debt after a default judgment was entered against him Tuesday in an adversary bankruptcy action accusing him of transferring, destroying or concealing assets.

Entered late Tuesday after Girardi failed to respond to the Chapter 7 action by Monday, the judgment will render his assets non-dischargeable, which means the embattled attorney could be on the hook for ...

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Law Practice, Ethics/Professional Responsibility, Bankruptcy

Dec. 2, 2021

Girardi can’t discharge over $200M in debt, bankruptcy court rules

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