Rudy Giuliani is in court for a contempt hearing concerning his alleged non-compliance in relinquishing assets critical to a $148 million defamation judgment in favor of two Georgia election workers. The hearing, overseen by Judge Lewis J. Liman, addresses Giuliani's failure to submit necessary paperwork for asset monetization and his claims of lost memorabilia. Giuliani's attorneys argue he will ultimately succeed on appeal, while the plaintiffs demand appropriate sanctions against him for misbehavior in the proceedings. The outcome could impact Giuliani's assets, including his Palm Beach residence.