Teamsters Locals Want Out Of Yellow's Stalled Reorg Suit

By Grace Elletson · November 22, 2023, 6:50 PM EST

Three Teamsters locals said Yellow Corp. has overblown their roles in a Kansas federal suit alleging the labor groups held up corporate restructuring that cost the trucking business $137 million, arguing...

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 et al v. International Brotherhood of Teamsters et al

Case Number

6:23-cv-01131

Court

Kansas

Nature of Suit

Contract: Other

Date Filed

June 27, 2023

Featured Stories

Meet The Attorneys Guiding Balkan Express' Ch.11 No Photo Available

Yun Park

A team of lawyers from Bonds Ellis Eppich Schafer Jones LLP is leading the bankruptcy case of Texas-based transportation company Balka... (more story)

Global Clean Energy's Costly Project Delays Led It To Ch. 11 No Photo Available

Alex Wittenberg

A long and unexpected delay in the construction of Global Clean Energy's renewable fuel factory in California forced the company to ta... (more story)

Steward Health Ch. 11 Plan Deal Would Fund Insider Suits No Photo Available

Rick Archer

Hospital chain Steward Health is preparing to wrap up its decade and a half in existence, saying it has reached a deal with its lender... (more story)