STATE LAND OFFICE News:

SANTA FE – State Land Office General Counsel, Ari Biernoff, released the following statement regarding Cypress Inc.’s contest of the Land Office’s cancellation of two agricultural grazing leases:

“Commissioner Garcia Richard stands by the decision to terminate the business relationship with Epstein and his enterprises. The leases that she inherited with Cypress, a shell company, should have never been awarded in the first place.

“The State Attorney General also determined these leases were improper and should be cancelled.

“After everything that’s occurred, it’s unfortunate that the Epstein estate would waste state resources that instead should be going to New Mexico schoolkids. We look forward to defending the Commissioner’s decisive action in court, and exposing to the court and the public the full extent of the Epstein enterprises’ misconduct.”