By Stefanos Chen and Sean Piccoli NYTimes News Service
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NEW YORK — Rudy Giuliani has reached a settlement with two Georgia election workers who he repeatedly, and falsely, claimed had helped to steal the 2020 election.

The former mayor of New York was at risk of losing millions of dollars worth of personal mementos, valuables and real estate that he had gathered over his decades practicing law and then in public office. He had previously been ordered to pay down some $11 million of a $148 million judgment he owed the election workers, Ruby Freeman and her daughter, Shaye Moss, who he claimed had manipulated ballots.

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The full details of the settlement have yet to be released, but a letter signed by both sides in the case said that, once certain conditions were met, it would result “in the conclusion of all litigation.”

Giuliani declared victory and said he was going to hang onto all of a treasure trove of items that included a 10-room apartment in Manhattan, a condo in South Florida, a vintage Mercedes-Benz convertible and a signed Joe DiMaggio jersey.

The plaintiffs said through their legal team that they had agreed to allow Giuliani to retain his property in exchange for an undisclosed amount of compensation and his promise not to defame the women again.

“We have fought to clear our names, restore our reputations and prove that we did nothing wrong,” the women said in the statement. “Today is a major milestone in our journey. We have reached an agreement and we can now move forward with our lives.”

Joseph Cammarata, a lawyer for Giuliani, said Thursday that the negotiations were hammered out “over the last 72 hours,” and that his client was satisfied with the outcome.

It is unclear how Giuliani, 80, will pay the undisclosed sum to the two women he defamed. He had said in court that the suit had exhausted all his financial resources. He still faces criminal charges in two states and other civil actions related to the 2020 election.

This article originally appeared in The New York Times.