Hochul and Adams must make Big Apple biz districts great againAttorney General Tish James’ civil suit against Donald Trump may be great for her career, but it’s a disaster for New York’s economy.is a warning to anyone doing, or thinking of doing, business here: A headline-hunting prosecutor can go to a hack judge’s courtroom and use perverse New York laws to potentially destroy your company.
Never mind that prosecutors in Manhattan declined to file charges, because the claim that he inflated the value of his holdings to get better loan and insurance terms is beyond weak.to a disclaimer warning that his valuations should not be relied on. Yet the judge and AG insist he can be found guilty of fraud nonetheless.“corporate death penalty” has a chilling effect: “Canceling business certificates is carte blanche to go after anyone for anything,” frets one developer. “It’s a little scary.