Real estate firm must comply with New York AG's Trump probe, court rules

[Yo_Mama_Been_Loggin]

Source: Reuters

NEW YORK (Reuters) - Real estate company Cushman & Wakefield PLC must comply with subpoenas from New York state Attorney General Letitia James as part of her civil investigation into former U.S. President Donald Trump, an appeals court ruled on Thursday.

James' probe is examining whether Trump and his family company, the Trump Organization, misled banks and tax authorities about the value of its assets to get financial benefits like favorable loans and tax breaks.

In April, James won a court order to force Cushman to comply with subpoenas for records that would help determine whether appraisals it conducted for several Trump properties, such as the Seven Springs estate in New York's Westchester county and 40 Wall Street in Manhattan, were fraudulent or misleading.

Cushman appealed the ruling, calling James' probe "overly intrusive." The Appellate Division of New York state's main trial court on Thursday denied Cushman's appeal, and ended a temporary stay on the enforcement of the subpoena.

Read more: https://www.yahoo.com/news/real-estate-firm-must-comply-163119927.html

[ZonkerHarris]

1. I doubt Cushman & Wakefield would have fought this unless they had something to hide

[LiberalFighter]

2. Have to wonder.

[ZonkerHarris]

3. If you didn't do crooked assessments then you would say "Here's the stuff you wanted."

On the other hand, they could be afraid of being made to look like incompetent fools for having been conned by Trumps

[cstanleytech]

4. I doubt it's an issue of being incompetent rather I am willing to bet

that it’s more along the lines of knowingly aiding and abetting it.

[melm00se]

6. That's the argument

that says "If you have nothing to hide, you will let me search your house/car/bag".

It is up the state to show probable cause not for the private entity to open up the doors just because they asked.

[Karadeniz]

5. "Overly intrusive" the nature of an investigation

[Better Days Ahoy]

7. Could open up a can of worms

Into C&W's practices going back some years.
Oops. tRump destroys everything he touches.