UTW
needs
Your
Donation

Commission Approves Settlement Of Veterans Permit Dispute
Remaining Corporate Medallions
Reportedly Moving to National

After years of inaction, the Taxi Commission has approved a legal settlement of a long-standing dispute over 25 corporate permits held by Veterans Cab Co. (The corporation that controls the Veterans permits is distinct from the company that runs the Veterans and Arrow color schemes, Speck Cab Co.)
According to the settlement agreement, Veterans will surrender eight permits on Jan. 2. The rest of the permits will be surrendered upon the deaths of the seven remaining Veterans shareholders as follows: one permit will be returned upon the first death of a shareholder, two each upon the deaths of the next three shareholders, then three, four and three permits will be returned respectively as the remaining shareholders pass away.
Veterans drivers have expressed deep concerns over eight medallions leaving the company at once. They fear for their jobs and their shifts.
Rumor also has it that the remaining 17 corporate permits will soon be moving to National Cab, along with the company name and the telephone number. One indication that there is truth to the rumor is the fact that Speck Cab Company has been moving other Veterans medallions over to Arrow, two and three at a time.
UTW opposed the settlement, arguing that all 25 permits are null and void. UTW believes that any settlement should be along the lines of previous deals with Yellow Cab and Luxor Cab. Those companies agreed to surrender their corporate permits over three years, and all have since been returned.