Yellow Corp. Calls Pension Arbitration Demand 'Nonsense'

By Yun Park · January 29, 2024, 4:54 PM EST

Bankrupt trucking firm Yellow Corp. has called the Central States Pension Fund's arbitration demand for $4.8 billion in pension liability claims "nonsense," because the fund has already acquiesced in the bankruptcy...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

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

View Full Scorecard

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

Recent Articles By Yun