so much for the rule of law, equal protection and all that;
This is John Galt level government targeting. A New York State judge has arbitrarily ruled, no trial – no jury, that President Trump overvalued his real estate holdings in New York, which means he paid too much in taxes, in order to secure financing and loans. [Ruling PDF HERE]
All the banks and lenders did their own due diligence on the financing. All operational loans and business loans were paid back. There were no defaults or banking interests adversely impacted. There are no victims of what the State calls “fraud,” yet the judge is ruling the Trump organization must dissolve all business interests in the state and exit within 10 days.
New York Attorney General Latisha James campaigned for office with promises to target the Trump Organization and Donald Trump himself. This is malicious lawfare in the extreme.
NEW YORK – […] As part of his ruling, the judge canceled the business certificates of all of the defendants, which include the Trump Organization itself and numerous LLCs connected to the company, as well as the business certificates of any entity “controlled or beneficially owned by” Trump, his adult sons, the Trump Organization’s former chief financial officer Allen Weisselberg and company executive Jeffrey McConney.
Engoron ordered that within 10 days of the ruling, Trump and the other defendants must provide names of potential independent receivers “to manage the dissolution of the canceled LLCs.”...........more......
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