Yellow Corp. Fielding 3 Ch. 11 Financing Proposals

By Rick Archer · August 9, 2023, 5:14 PM EDT

Trucking firm Yellow Corp. told a Delaware bankruptcy judge Wednesday it is looking at three competing Chapter 11 financing proposals to determine which will give it the most freedom to maximize...

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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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Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023