Canada: Four Important Court Of Appeal Decisions On Trust And Estate Matters - And 2023 "Case Of The Year" - O'Sullivan Estate Lawyers LLP

In a recent ruling, a New York City court ordered former President Donald Trump to pay a $350 million judgment in a civil fraud trial involving real estate valuations. This case centers around standard practices in the real estate industry, where developers, including Trump, negotiate asset values with banks for loans. Critics argue this is a common business tactic, not unique to Trump, and see the judgment as part of a broader attempt to undermine him politically. The podcast host, a seasoned real estate appraiser, dissects the trial, highlighting the routine nature of these valuation negotiations in the industry. They contend that the lawsuit against Trump, lacking any actual victims or loan defaults, is baseless and likely to be overturned on appeal. The case's implications extend beyond Trump, underscoring the everyday business realities in real estate and the political motivations behind such legal actions.