Bloomberg News reports:
A former land-use lawyer for Donald Trump’s company was ordered by a New York judge to hand over hundreds of documents to state officials investigating whether the president’s real-estate business falsely reported property values to get loans or tax benefits. Charles Martabano went too far in asserting attorney-client privilege over documents relating to his past work for the Trump Organization, Justice Arthur Engoron ruled Oct. 30.
The documents held by Martabano are likely to shed light on the Trump Organization’s effort to develop Seven Springs, an obscure property on 212 acres outside New York City that’s the centerpiece of the probe. The attorney general is examining whether the Trump Organization gave an accurate valuation for the property when it was used to claim about $21.1 million in tax deductions for donating a conservation easement for the 2015 tax year.
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