Defamation victims ordered to receive Giuliani's New York City apartment, Mercedes, and luxury watches.

• A federal judge ordered former Donald Trump attorney Rudy Giuliani to surrender various valuable assets as part of the nearly $150 million judgment he owes to two women he defamed.
• A collection of treasures includes signed baseball memorabilia by Joe DiMaggio and Reggie Jackson, a diamond ring, a Mercedes-Benz, and over two dozen watches.
• A New York federal bankruptcy judge dismissed Giuliani's Chapter 11 bankruptcy petition, which he had filed to avoid sudden financial ruin.

A federal judge ruled on Tuesday that former Donald Trump attorney Rudy Giuliani must surrender his luxurious Manhattan apartment, his prized Mercedes-Benz, and numerous other assets as part of the nearly $150 million judgment he owes to two women he defamed following the 2020 election.

The list of luxury valuables that Giuliani will soon lose includes items signed by Yankees baseball legends Joe DiMaggio and Reggie Jackson, a diamond ring, and more than two dozen watches.

Some of the assets that Giuliani owns are irreplaceable, such as the 1980 Mercedes that was previously owned by Lauren Bacall and the watches that belonged to Giuliani's grandfather and were gifted to him by the president of France after the 9/11 attacks.

A Manhattan federal judge ordered Giuliani to surrender the items and more to a receivership controlled by Ruby Freeman and Wandrea "Shaye" Moss within seven days.

Giuliani consistently made false accusations of election fraud against the two women in an attempt to overturn Trump's defeat to President Biden in the 2020 election.

In December, a federal jury in Washington, D.C., ordered Giuliani to pay Freeman and Moss more than $148 million in punitive damages and for emotional distress and defamation.

A New York federal bankruptcy judge dismissed Giuliani's Chapter 11 bankruptcy petition, which he filed to avoid sudden financial ruin.

The ongoing case in the U.S. Court of Appeals for the D.C. Circuit has seen an appeal from Giuliani regarding the defamation verdict.

Liman wrote in Tuesday's order that he has not yet paid any of the nine-figure defamation judgment against him and has not obtained a court stay to delay paying off the massive debt.

Giuliani's stake in his penthouse apartment on Manhattan's tony Upper East Side was immediately turned over to the election workers upon their request.

In a previous court filing, attorneys for Freeman and Moss pointed out that Mr. Giuliani had listed the New York Apartment for $5.7 million before filing for bankruptcy.

The outcome of Giuliani's condominium in Palm Beach, Florida, is yet to be decided, with a court hearing scheduled for October 28.

Giuliani claims that he is still owed about $2 million for his work during the 2020 election, which the Trump campaign and the Republican National Committee have not paid.

Giuliani requested a postponement of the decision on the unpaid legal fees claim until after the Nov. 5 election, fearing that Freeman and Moss might exploit the assignment for political gain, resulting in unwanted media attention.

Liman balked at that request.

The judge wrote that the irony in Defendant's alleged concern was not lost on the Court.

"Defendant admitted to defaming Plaintiffs by spreading false information about them. His false statements cast doubt on the accuracy of the ballot-counting in Fulton County, Georgia following the 2020 Presidential Election."

Giuliani tried to safeguard certain items, including his grandfather's watch, from being sold. The plaintiffs' lawyers proposed to exclude that watch from collection if Giuliani could prove its value was under a $1,000 exemption limit.

"Since he has not done so, the watch must be turned over," Liman wrote Tuesday.

The judge wrote that while Giuliani may have sentimental value for certain assets, it does not give him the right to keep them at the expense of the plaintiffs who are owed approximately $150 million.

An attorney for Moss and Freeman, Aaron Nathan, stated on Tuesday that the journey towards justice for Ruby and Shaye has been arduous, yet they have remained steadfast.

When reached by CNBC, a representative for Giuliani declined to offer a statement.