“The decision seeks to nationalize one of the most successful corporate empires in the United States and seize control of private property all while acknowledging there is zero evidence of any default, breach, late payment or any complaint of harm,” Kise said after the decision.
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What standing does the state of New York have to bring a civil suit claiming fraud? Neither the banks nor insurance companies are aggrieved parties. Who was the victim of the supposed fraud? This should easily be overturned on appeal.