August 08, 2023
An employee laid off by bankrupt trucking firm Yellow Corp. filed a proposed class action adversary proceeding in the company's Chapter 11 case, saying Yellow violated the WARN Act by laying off 30,000 workers with no advance notice.
August 07, 2023
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 secured debt.