Friday, March 30, 2018

Trump - Loopholes and workarounds Life under law _ Lithwick_Slate

By Dahlia Lithwick/Slate
What’s really new here isn’t so much that no serious lawyer wants to work for Donald Trump; we’ve known that for more than a year. The revelation is that corporate America is built less on a formal system of laws and rules and norms than on an elaborate and expensive set of mechanisms for getting around that formal system.
In New York Real Estate Land, Multiple Divorce Land, and Repeated Bankruptcy Land, one can string together a lifetime’s worth of mandatory arbitration clauses, nondisclosure agreements, prenups, and frivolous lawsuits. The only legal system Trump can comprehend—and the only legal system the Cohens and the Kasowitzes are good at navigating—is one that consists entirely of loopholes and workarounds. That system, which runs on threats and intimidation and huge sums of cash, has made a lot of men who look and sound like Donald Trump obscenely wealthy. It is, like it or lump it, the American way.

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