Mike Nifong is BROKE

[Justme38]

RALEIGH, N.C. — The disgraced former prosecutor who led the debunked Duke lacrosse rape case has filed for bankruptcy.

Mike Nifong cited more than $180 million dollars in liabilities and only $243,898 in assets of real and personal property.

He filed for protection in U.S. Bankruptcy Court on Tuesday, the same day defendants were required to respond to a sweeping federal civil lawsuit filed in October by the three exonerated players Nifong falsely accused of rape.

In the October lawsuit, attorneys for the three players accused Nifong, the city of Durham, police investigators and others of conducting "one of the most chilling episodes of premeditated police, prosecutorial and scientific misconduct in modern American history

http://www.foxnews.com/story/0,2933,323025,00.html

[Tracian]

Money can always be made again; reputations are a whole lot harder to rebuild.

[SaberGal]

He got off easy, IMO.

[Justme38]

He got off easy, IMO.

ITA. He ruined three men's lives...and he got what, a day in jail? IMO

[Texas53]

Bankruptcy makes it harder to get anything from him. Who knows what monies and assets he may have hidden offshore? After all, ethics is something he didn't use much. IMO

[KittyMom]

He should be rotting away in a jail somewhere. I don't have any sympathy for him.

[TequilaMockingbird]

He should be rotting away in a jail somewhere. I don't have any sympathy for him.


180 million? what in the world? someone should have taken a money management class as well as a brush up on ethics.

[Justme38]

He should be rotting away in a jail somewhere. I don't have any sympathy for him.

ITA..he gets what he deserves for trying to ruin those Innocent men. IMO

[SaberGal]

180 million? what in the world? someone should have taken a money management class as well as a brush up on ethics.


Yeah, that $180 million made me do a double take too. I don't even know how a person can rack up that much debt even considering his lawyers.:0009:

[Baranis]

One has to wonder why Cy[Nifong's wife] never changed her last name to Nifong.
Funny how Nifong is predicting the outcome of a civil trial that has NOT passed judgment.
This is a ploy to gain sympathy and to release info that he is broke.[NOT] He took out a loan on his own credit to fund his battle for DA in Durham.[30,000.00]IRRC.
It will be very interesting to hear what a bankruptcy judge has to say.
Hey Nifong, where can you prove that YOU owe 180,000,000.00?

[KittyMom]

http://www.wral.com/news/local/story/2946289/

Posted: Today at 6:06 p.m.
Updated: 30 minutes ago

Durham, N.C. — Former Durham District Attorney Mike Nifong's claim that he's bankrupt can't stop a civil rights lawsuit that three former Duke University lacrosse players filed against him, a U.S. bankruptcy judge's ruling Tuesday.

Listing a debt of more than $180 million that included possible losses to the players from the suit, Nifong filed for bankruptcy in January. He did it on the same day he was to submit a response to a civil complaint filed by David Evans, Collin Finnerty and Reade Seligmann.

Last year, they were cleared of all charges stemming from an exotic dancer's claims she was raped at a party in March 2006. Special prosecutors found no evidence to proceed with the case.

In the lawsuit they filed in October, the trio alleged the city of Durham, Nifong and others conspired to keep a weak case alive as he faced election in the Democratic primary for district attorney.

Nifong's bankruptcy filing sought to protect him from the civil suit by making the players' claims part of the bankruptcy case instead. At the time, Nifong listed his house, car and personal belongings as being worth $243,898.

In January, U.S. District Judge James Beaty took Nifong out of the players' case until the bankruptcy case was decided, though he left open the possibility that Nifong could again become a defendant in the civil suit.

Tuesday's decision by Bankruptcy Judge William L. Stocks turned the tables, putting the entire bankruptcy case on hold and tossing the players' claims against Nifong back to the district court to decide.

In February, a federal court administrator recommended the disbarred prosecutor not be granted bankruptcy protection, saying he makes too much money. Tuesday's decision did not address that point.

[KittyMom]

http://www.wral.com/news/local/story/3387846/

Durham, N.C. — An attorney for Durham's former prosecutor says the three former Duke University lacrosse players his client sought to prosecute on rape charges should not expect any money as a result of a civil rights lawsuit they filed last year.

"These creditors, certainly their counsel, have to know they will never collect so much as $35 from Mike Nifong," James Craven said in a {{a href="document-3387906"}}20-page federal court document{{/a}] filed Friday. "They must know that, yet still they come."

Craven, instead, says the matter should be handled in bankruptcy court.

Nifong won indictments against Collin Finnerty, David Evans and Reade Seligmann in 2006 after a stripper hired to perform at a team party reported being raped. But the case unraveled in the face of the accuser's constantly changing story and a lack of evidence.

The state prosecutors who eventually took over the case dropped all charges and declared the players innocent victims of Nifong's "tragic rush to accuse." He was later disbarred for his handling of the case and spent a night in jail for lying to a judge.

The three men filed the lawsuit in October, alleging Nifong, the city of Durham and others conspired to keep a weak case alive as Nifong faced election in the Democratic primary for district attorney in 2006.

Nifong filed for bankruptcy in January, which temporarily protected him against litigation, but a U.S. bankruptcy judge later ruled the lawsuit could proceed.

Charles Davant IV, an attorney representing Evans and Finnerty, had no comment Friday afternoon about the latest filing from Nifong. But he said attorneys for the players will respond in their own court filings, due Sept. 15. David Rudolf, an attorney for Seligmann, also had no comment, saying he had not yet seen the filing.