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:

January 30, 2025
Yellow Corp. Gets OK For $67M Real Estate Asset Sale

A Delaware bankruptcy judge on Thursday approved defunct trucking company Yellow Corp.'s $67 million asset sales for its owned and leased properties, saying the asset purchase agreements serve "the best interests" of the debtor, creditors and other stakeholders.
January 28, 2025
Creditors Seek To End Yellow Corp.'s Exclusive Ch. 11 Control

The official committee of unsecured creditors in Yellow Corp.'s bankruptcy case filed a motion Tuesday to terminate the defunct trucking company's exclusive right to file a Chapter 11 plan, or alternatively, to convert the proceedings to a Chapter 7 liquidation.
January 27, 2025
Purdue Nears Ch. 11 Deal, Yellow Corp. Fends Off WARN Suit

From a looming settlement in the Purdue bankruptcy to a pair of retailers overcoming objections to their Chapter 11 plans, here are some of the biggest bankruptcy news from the past week.
January 23, 2025
Yellow Corp. Says It Acted In Good Faith With WARN Notices

Defunct trucking company Yellow Corp. told a Delaware bankruptcy judge on Thursday that its last delivery was made the day before it laid off 22,000 union workers, making it a "liquidating fiduciary" that would not be liable for inadequate mass-layoff notices under the WARN Act.
January 21, 2025
Yellow Corp. Teamsters Trial Opens With Some Settlements

Defunct trucking company Yellow Corp. said it has reached a settlement with some former employees who claimed they were terminated without proper notice, as the debtor began a trial in Delaware bankruptcy court that is now focused solely on WARN Act claims from unions.
January 21, 2025
Giuliani Settles Asset Turnover, FDIC Sues SVB Ex-CEO

Rudy Giuliani has turned over assets for a $148 million defamation judgment to former Georgia poll workers, following his absence at a recent trial. A Delaware bankruptcy judge criticized Dormify's founder for skipping a hearing on the retailer's Chapter 11 case. The FDIC sued Silicon Valley Bank's ex-CEO and other executives, alleging they mismanaged the company in the lead-up to its collapse in 2023. Meanwhile, a failed bidder for Alex Jones' Infowars increased its offer, as The Onion's parent company prepared a revised bid of its own.
January 16, 2025
Yellow Corp., Teamsters Debate WARN Suit Ahead Of Trial

Yellow Corp. and the unions representing many of the workers it laid off met in Delaware bankruptcy court Thursday to preview arguments they will deliver at a trial, set to start next week, that will determine whether the trucking company can escape some of the WARN Act claims it is facing after laying off 25,000 employees.
January 13, 2025
Yellow Corp. Says Pension Funds Set Liability Too High

Bankrupt trucking company Yellow Corp. told a Delaware bankruptcy judge on Monday that the administrators of its union pension funds have set the company's liability for ending its contributions too high.
December 20, 2024
Yellow Corp. Layoff Notices Had Too Little Info, Judge Says

A Delaware bankruptcy judge has shot down some of trucking company Yellow Corp.'s defenses against claims it failed to give proper notice of more than 25,000 layoffs just before it entered Chapter 11, saying the notices it sent weren't informative enough.
December 18, 2024
Yellow Corp. Gets Del. Court OK For Ch. 11 Asset, Lease Sales

Bankrupt trucking venture Yellow Corp. secured a Delaware judge's approval Wednesday for a $192.5 million series of deals to sell or lease a dozen properties owned or leased by Yellow in California, Miami, Ohio and other states.

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