Trucking Firm Yellow Corp. Hits Ch. 11 With $1.5B In Debt

By Vince Sullivan · August 7, 2023, 9:30 AM EDT

Tennessee-based trucking firm Yellow Corp. filed for Chapter 11 protection on Sunday in Delaware bankruptcy court, saying its dwindling liquidity left it unable to satisfy its obligations under more than $1.5 billion of...

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Bankruptcy Scorecard

Summary

Trucking company Yellow Corp. hit bankruptcy on Aug. 6 with roughly $1.2 billion in secured debt amid a dispute with the International Brotherhood of Teamsters over Yellow’s restructuring efforts.

Case Number

1:23-bk-11069

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Documents

Related Sections

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023

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