What Is Driving Increased Medallion & For-Hire Vehicle Values? Once Uber and Lyft entered the New York City market and were able to grow unchecked, the yellow taxi market – which had persevered against the effects of the Depression, several recessions, and the 9-11 terrorist attacks – truly faced unprecedented challenges.  With the Uber and…

The Black Car & Limo M&A Market is Hot! – So Let’s Learn How to be Legally Prepared to Buy or Sell For as long as economic activity has existed, market players have used mergers and acquisitions (M&A) to consolidate and grow power and wealth. The earliest recorded M&A transaction in western civilization was in…

It’s one of those days when your car breaks down after a tiring day at the park. For the first time ever, you tried to book an Uber ride. However, the driver balked at having your pets inside. When you tried to book Lyft, or even Grab, the same thing happened. Now, hours after, with…

Before he took office, then President-elect Biden promised to be “the most pro-union president  you’ve ever seen.”1 Following through on that promise, the National Labor Relations Board (“NLRB” or  “Board”) seems poised to overturn the Trump-era worker classification test that makes it more difficult to  categorize workers as employees—a test that lead to the NLRB…

NYC Has A New TLC Commissioner/Chair:  Who is David Do & What Will He Do? David Do has been appointed as the new Chair and Commissioner of the NYC Taxi and Limousine Commission (“TLC”).  Do most recently served as Director of the DC Department of For-Hire Vehicles (“DFHV”), and I have gotten to know David…

For limousine and executive transportation providers, affiliate agreements are essential to providing customer service – no matter the destination – and are a conduit to increased profits. One of the fastest ways to expand your service network is through signing up Network Partners around the globe to join your service provider network (“Affiliate Network”). A…

The theme chosen for the 34th annual conference of the International Association of Transportation Regulators (“IATR”) was “Regulatory Reboot!”  Regulators and our industries have been resilient and were holding the line, taking things day-by-day since March 2020.  In 2021, having been through hopefully the worst days of this unprecedented pandemic, there was a feeling of…

On November 15, 2021, President Biden signed the much anticipated, Infrastructure Investment and Jobs Act (H.R. 3684). The $1.2 trillion infrastructure bill was passed by the Senate, on August 10, 2021, with a bipartisan 69-to-30 vote, and – after several months of consideration – the bill was passed by the House of Representatives on November…