Articles from Shenwick & Associates

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Inside Higher Ed: Bankruptcy Standards Get New Scrutiny

Submitted by Anonymous (not verified) on Wed, 02/21/2018 - 19:12

By Andrew Kreighbaum The Department of Education signaled Monday that it is interested in tweaking the standards used for determining whether student loan debt can be discharged in bankruptcy.

That could point to an opening for potential bipartisan cooperation between the department and Democrats like Senator Elizabeth Warren, who have long sought to loosen bankruptcy law so student borrowers can discharge their debt.

City Hall Taxi Driver Tragedy

Submitted by Anonymous (not verified) on Tue, 02/20/2018 - 19:13

New York Times: When Calling an Uber Can Pay Off for Cities and States

Submitted by Anonymous (not verified) on Mon, 02/19/2018 - 19:11

By WINNIE HU

In Chicago, a 15-cent fee on Uber, Lyft and other ride-hailing services is helping to pay for track, signal and electrical upgrades to make the city’s trains run faster and smoother.

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

Submitted by Anonymous (not verified) on Tue, 02/06/2018 - 20:07

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

Submitted by Anonymous (not verified) on Mon, 02/05/2018 - 20:40

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

Submitted by Anonymous (not verified) on Thu, 02/01/2018 - 21:25

On the Verge of Bankruptcy?  Here Are Your Options

By Bridget Hillyer

Taxi Medallion Success Story No. 2

Submitted by Anonymous (not verified) on Fri, 01/26/2018 - 16:00

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.

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