So this portion of the trial is to establish value. Value is a nebulous term. But in the final analysis the banks used Trump’s valuation and they gave him the loan without doing their own valuation. Therefore, if a creditor is willing to lend using your valuation despite his warning to do your own valuation then that’s what the property is worth at that moment in time. Most Americans have applied for a loan and understand the lender’s duty to do their own valuation.
Yes. The trial is a total scam.
He paid back all the loans and not one bank complain. This is all a ruse by the psychotic Letitia James to earn her stripes.