Articles from Shenwick & Associates

April 2019 TLC medallion sales

The April 2019 New York City Taxi & Limousine Commission (TLC) sales resultshave been released to the public. And as is our practice, provided below are Jim Shenwick’s comments about those sales results.
1. The volume of transfers rose from March. In April, there were 75 unrestricted taxi medallion sales.

Recommended consumer bankruptcy changes from the American Bankruptcy Institute

Here at Shenwick & Associates, spring is in the air and the A/C isn’t on yet.  One of things that we love about the law is that it’s always changing, and we do our best to keep up with new developments in bankruptcy law.

March 2019 TLC medallion sales

TheMarch 2019 New York City Taxi & Limousine Commission (TLC) sales resultshave been released to the public. And as is our practice, provided below are Jim Shenwick’s comments about those sales results.
1. The volume of transfers fell from February. In March, there were 38 unrestricted taxi medallion sales.

The potential impact of relief of indebtedness income on settlement agreements

Shenwick & Associates is happy to announce that we have just settled another taxi medallion debt with a favorable result for the client.

WPIX: Cabbies protest congestion pricing fee they now have to charge; it’s killing business, and drivers, they say

MIDTOWN, Manhattan -- It's a proposal that would affect almost every driver in New York City starting in 2021, if it passes the state legislature this year.

However, congestion pricing -- the plan that would charge drivers for driving in the southern third of Manhattan's streets -- has already been in effect for yellow and green cab drivers since February 2.
Many of the drivers say that the added cost is ruining their business. On Wednesday, dozens of cab drivers held a mobile, and very loud, protest against the surcharge outside of Gov. Andrew Cuomo's office.

January 2019 TLC medallion sales

The January 2019 New York City Taxi & Limousine Commission (TLC) sales results have been released to the public. And as is our practice, provided below are Jim Shenwick’s comments about those sales results.
1. The volume of transfers fell from December. In January, there were 94 unrestricted taxi medallion sales.

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