Trusted New York Yellow Taxi Medallion Lawyers

Our firm assists clients with a wide range of medallion-related matters, including:

• Sales, Purchases, and Transfers: Legal review and execution of agreements to ensure smooth ownership changes.
• Regulatory Compliance: Guidance on Taxi & Limousine Commission (TLC) rules and obligations to avoid fines or license issues.
• License Renewals and Reinstatements: Assistance with renewing expiring medallions or reinstating suspended or revoked licenses.
• Financing and Lien Issues: Representation in medallion-backed loan disputes, foreclosures, or creditor claims.

Navigating disputes with the TLC requires specialized knowledge of New York City regulations. Our attorneys represent clients in:

• Administrative hearings for violations, fines, or suspensions.
• Challenges to regulatory decisions impacting medallion operations.
• Disputes over medallion transfers, leasing arrangements, or operational compliance.
• Defense against enforcement actions that could affect your ability to operate legally.

Yellow taxi medallions are not only licenses—they are valuable business assets. Our legal team helps clients protect the financial and operational value of their medallions by:

• Reviewing contracts for medallion sales, purchases, or loans.
• Negotiating agreements with buyers, sellers, and financial institutions.
• Advising investors on risk management in a fluctuating regulatory and market environment.

Our attorneys combine deep experience in commercial litigation with an understanding of New York’s transportation industry. We provide tailored strategies for medallion owners and investors, whether your goal is regulatory compliance, transactional security, or aggressive defense in disputes. With decades of experience, we understand the high stakes and nuances of the medallion market and work to protect your interests at every stage.

What is a taxi medallion?

A: A taxi medallion is a government-issued license that authorizes a vehicle to pick up street-hail passengers in New York City.

Can a medallion be transferred or sold?

A: Yes, ownership transfers are allowed but must comply with TLC rules and involve proper legal documentation.

What happens if my medallion license is suspended?

A: Suspension can prevent you from legally operating your taxi. An attorney can help challenge the suspension or pursue reinstatement.

How do I protect my investment in a medallion-backed loan?

A: Legal counsel can negotiate loan terms, defend against foreclosure, and advise on contractual protections.

Are there specific regulations for medallion leasing or partnerships?

A: Yes, TLC rules govern leasing and partnership arrangements, and compliance is essential to avoid penalties.