Yellow Corporation

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Case overview

Case Number:

1:23-bk-11069

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

March 27, 2024
Yellow Corp. Pension Fund Liability To Be Decided In Ch. 11

A Delaware bankruptcy judge on Wednesday denied the Pension Benefit Guaranty Corp.'s bid to take a dispute with Yellow Corp. over $7.8 billion in retirement fund withdrawal liability claims to arbitration, finding the dispute would be best resolved through the trucking firm's Chapter 11 claims allowance process.
March 06, 2024
Yellow Corp. Faces Pension Funds' Arbitration Bid In $6B Spat

Eleven retirement funds urged a Delaware bankruptcy judge Wednesday to order Yellow Corp. to arbitrate their claims worth over $6 billion, arguing it would be efficient to take the dispute before a benefits plan expert, while the trucking firm insisted that arbitration would delay its ongoing Chapter 11 proceedings.
February 29, 2024
Yellow Corp. Gets Ch. 11 Control Extended To End Of July

Bankrupt Yellow Freight Corp. has secured an extra 90 days to hold onto the wheel of its Chapter 11 case in Delaware, after citing both the complexity of its case and the "tremendous" progress in selling off its assets.
February 26, 2024
Yellow Corp. Gets Nod On New Procedures For Injury Claims

Trucking company Yellow Corp. will use its insurance policies to deal with only certain claims from people alleging they were injured by its vehicles under new procedures a Delaware bankruptcy judge approved Monday, after the debtor resolved objections from parties who said its earlier plans would have violated their rights.
February 22, 2024
Yellow Corp. Landlord Says Time's Up For Ch. 11 Lease Sales

A landlord of Yellow Corp. has asked a Delaware bankruptcy judge to reject the insolvent trucking company's request for two more years to find buyers for its remaining truck terminal leases, arguing it already had sufficient time to solicit bidders and must decide now whether to accept or reject the rental agreements.
February 16, 2024
Ex-Yellow Corp. Workers Push WARN Class Cert In Ch. 11

Former employees of trucking firm Yellow Corp. told a Delaware bankruptcy court that recognizing them as a class is the best way to handle their claim that the bankrupt company didn't give them adequate warning of layoffs.
January 29, 2024
Yellow Corp. Calls Pension Arbitration Demand 'Nonsense'

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 court's jurisdiction over the claims.
January 12, 2024
Yellow Corp. Gets OK For $82M In Truck Terminal Sales

A Delaware bankruptcy judge Friday gave Yellow Corp. the go-ahead to sell off the leases on nearly two dozen truck terminals for almost $83 million after hearing all objections to the transactions had been resolved.
January 10, 2024
Teamsters Fund Wants $5B Plan Withdrawal Fight Arbitrated

Bankrupt trucking company Yellow Corp. must contest an assertion that it owes a Teamsters-affiliated pension plan nearly $5 billion in arbitration, not in Delaware bankruptcy court, the fund said Wednesday.
December 12, 2023
Del. Judge OKs 'Tremendous' $1.9B Yellow Corp. Ch. 11 Sale

A Delaware bankruptcy judge on Tuesday approved bankrupt trucking company Yellow Corp.'s $1.88 billion sale of 128 trucking terminals to 21 buyers following a November auction.