• Home
  • News
  • Giuliani Firms on Two Sides in Bankruptcy

Article

Giuliani Firms on Two Sides in Bankruptcy

Posted May 7, 2007 10:01 AM CDT
By Debra Cassens Weiss

  • Print
  • Reprints
  • Share

Two companies owned by GOP presidential candidate Rudolph Giuliani did not disclose a potential conflict of interest to a bankruptcy judge, according to the Wall Street Journal (sub. req.).

Giuliani Capital Advisors provided restructuring advice to Delta Air Lines, while another Giuliani company was employed by a Delta creditor, the newspaper says.

Bankruptcy law requires companies to fill out a form detailing any connections with parties before a bankruptcy court. The newspaper found no evidence Giuliani Capital intervened to secure more money for the creditor, Command Security Corp.

Command Security had hired Giuliani Security & Safety to help it find new business, including contracts with Delta. Chairman Bruce Galloway says it was a successful deal.

Comments

Add a Comment

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.