Ken White has been talking about the potential for this suit for a couple weeks now. He spends a lot of time talking about what isn't defamation --- people use defamation suits and threats thereof to chill free speech, and he's a 1st Amendment guy --- but the Dominion cases are apparently examples of very serious defamation cases. The core of defamation is (1) a false statement of purported fact that (2) causes damag…
If the court rules that the statements were false, but Giuliani is off his rocker and so Dominion doesn't get their billion, Dominion might still find that an acceptable outcome. They need their reputation at least as much as they need the money; a court ruling that the claims were factually wrong would go a long way toward restoring their reputation.
It needs to be clearly and forcefully demonstrated that knowingly and recklessly and maliciously lying to the public with the intention of causing harm to a company or individual like this carries heavy consequences.