Yellow Corp. Pivots Strategy For Auctioning Trucks In Ch. 11

By Emily Lever · October 17, 2023, 9:21 PM EDT

Bankrupt trucking company Yellow Corp. has asked a Delaware bankruptcy court to give speedy approval to its retention of an auction agent to sell off its rolling stock, saying it needs...

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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

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023