Lomto Federal Credit Union

N.Y. Court Halts Taxi Plan

By Michelle A. Samaad | June 25, 2012

New York State Acting Supreme Court Justice Arthur Engoron issued a temporary injunction against Mayor Michael Bloomberg’s 2011 plan to create a new class of up to 18,000 liveries authorized to pick up street hails in Brooklyn, Queens, the Bronx, Staten Island and much of Manhattan.
New York Supreme Court Temporarily Halts Borough Taxi Plan

By Michelle A. Samaad | June 13, 2012

Credit unions opposed to a plan from the mayor of New York’s office to create up to 18,000 livery cabs recently received good news.
Taxi Lenders File Suit in New York City

By Michelle A. Samaad | May 7, 2012

With claims that a plan from the mayor of New York’s office to create up to 18,000 livery cabs would create unfair competition with the city’s yellow cabs, an association of credit union lenders has filed a lawsuit to halt the effort.