A special education teacher for Epic is suing the State Department of Education and State Superintendent Ryan Walters for breach of contract and defamation.Acco
The case, to be argued by lawyers linked to the petrochemicals billionaire Charles Koch, could sharply curtail the government’s regulatory authority.
Colleague, joyce. that s a great point. let s just focus on what the law is here with respect to all seven causes of action. that s going to be what governs this case as the judgeas held as yasmin said in connection with the first cause of action. to the first cause of action where liability has been found, the judge did not have to find whether there was an intent to defraud. that was not required in the first cause of action. it would be required if he finds liability for cause of actions two through seven. to your point, it is not required that the bank actually rely on the false statements. one of the reasons that people put in exaggerated statements to get a bank loan is because they want to maximize the chance that the loan will be approved.
Going to talk about damages. here there are seven causes of action. but the first cause of action has already liability has already been found by the court. so what russ has said is totally right, which is that it s really going to be a focus on that first cause of action. now, yes, there may be icing on the cake for the new york attorney general. they may win on causes two, three, four, five, six, and seven, but they don t need to because the first cause of action has been found in their favor and we have ear just talking about what are the consequences of that, what of the amount of money, and also i think quite notably is will donald trump and the other defendants, remember he s not the only one, be barred from doing business in new york, because that is something which letitia james is very concerned about, is sort of recidivism problem of donald trump and his family doing business here and continuing to, in her view,