A group of high-profile nonresident property owners has filed a constitutional challenge to New York’s recently enacted pied-à-terre surcharge (PAT Tax), creating the first major litigation test of the state’s new surcharge on certain high-value New York City residences that are not used as a primary residence. The lawsuit seeks to invalidate the tax on…
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In recent years, the term “unreasonable” has dominated the landscape of the warranty reimbursement space. Many dealers’ warranty parts and labor rate submissions have been adjusted or even denied based on claims by the original equipment manufacturers (OEMs) that the rates were “unreasonable” compared to the practices of other dealers in the market. Because warranty…
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