Articles from Shenwick & Associates

Taxi & Limousine Commission (TLC) Medallion Sales Data from January 2018

Provided below is sales data from the sale of 46 unrestricted taxi medallions as reported by the TLC for January 2018, which includes 34 medallions sold in a bankruptcy auction.

New York Post: Livery driver blamed de Blasio for his financial ruin before City Hall suicide

By Tina Moore and Stephanie Pagone
A 61-year-old livery driver posted on Facebook early Monday that city and state politicians were to blame for his financial ruin — then pulled up to the gates of City Hall and shot himself dead with a shotgun, authorities said.

We're extensively quoted in this Zing! by Quicken Loans blog post

On the Verge of Bankruptcy?  Here Are Your Options

By Bridget Hillyer

Taxi Medallion Success Story No. 2

As many of the readers of our blog are aware, we’ve developed a practice representing taxi medallion owners who own “underwater” taxi medallions. An underwater taxi medallion is a medallion valued at less than the bank loan for the medallion.  This blog post is about a successful workout which we negotiated for the owner of an underwater taxi medallion.

New York Daily News: Restrict Uber, exempt taxis: Any honest attack on congestion will go after its major driver, app-based for-hire car services

BY Nino Hervias Gloria Guerra Over the past four years, the rise of Uber and other for-hire app-based car services — and the failure of New York City to properly regulate their operations — has decimated the value of taxi medallions.

NYC Airports and Taxi Medallions

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