Yellow Corporation

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Case Number:

1:23-bk-11069

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

December 16, 2024
Judge Kills Infowars Sale, BigLaw Firms Duck Suit

A Texas court blocked an attempt from satirical news outlet The Onion to buy conspiracy theorist Alex Jones' radio show, and a racketeering suit against Jackson Walker LLP and Kirkland & Ellis LLP over allegations they profited from former bankruptcy Judge David R. Jones' romantic relationship with a member of the bankruptcy bar was dismissed.
December 11, 2024
Yellow Corp. Seeks OK For $192.5M Truck Terminal Sales

Trucking group Yellow Corp. has asked a Delaware bankruptcy judge to sign off on sales of 12 owned and leased truck terminals that would bring some $192.5 million into its Chapter 11 estate.
November 25, 2024
Alex Jones Blasts Onion Bid, FTX Tech Deputy Avoids Prison

Alex Jones and a backup bidder linked to his Chapter 7 are challenging the sale of his Infowars website to The Onion, alleging flaws in the auction process. A former FTX's tech deputy can avoid prison time for assisting the FTX fraud case by exposing programming flaws; attorneys who have represented Purdue Pharma can receive $21.2 million in fees for its work during summer. This is the week in bankruptcy.
November 21, 2024
Yellow Corp. Approved For Ch. 11 Plan Disclosures

Bankrupt trucking firm Yellow Corp. said it had resolved all objections to its Chapter 11 plan disclosure statement Thursday, and a Delaware judge agreed to approve the document once it was updated to reflect the changes.
October 28, 2024
Yellow Corp. Says Failing Biz Excuses WARN Act Duty

Bankrupt trucking firm Yellow Corp. told a Delaware judge Monday that it should get early wins in suits brought by laid off employees, saying that because the company had ceased most business operations, it was excused from notification obligations surrounding the firing of thousands of workers.
September 24, 2024
Yellow Corp. Can Depose Teamsters President In Ch. 11 Suit

Bankrupt trucking firm Yellow Corp. can move forward with a deposition of Teamsters President Sean O'Brien, after a Delaware bankruptcy judge declined Tuesday to stay the discovery tied to lawsuits that were filed against the debtor over mass layoffs.
August 23, 2024
Chapter 11 Check-In: Yellow Corp.'s $1.5B Bankruptcy

It's been more than a year since national trucking giant Yellow Corp. landed in Delaware's bankruptcy court following contentious union negotiations. Despite pulling in over $2 billion from asset sales and paying off $1.5 billion in debt, Yellow's road out of Chapter 11 has been stalled by high-stakes litigation and claims disputes.
August 23, 2024
Yellow Corp. Hires CBRE For Truck Terminal Sales In Ch. 11

A Delaware bankruptcy judge on Friday approved trucking company Yellow Corp.'s bid to hire CBRE Inc. to help broker sales and subleases of the debtor's roughly 116 truck terminals and other industrial properties.
August 06, 2024
Yellow Corp., Pensions Spar In $7.8B Withdrawal Liability Row

A Delaware bankruptcy judge declined to rule Tuesday on competing motions for summary judgment filed by trucking firm Yellow Corp. and Central States Pension Fund in a $7.8 billion dispute over Yellow's withdrawal from multistate employee pension programs, saying he needed more time to consider the issue.
July 17, 2024
Yellow Corp. Says It Has No Pension Withdrawal Liabilities

Bankrupt trucking firm Yellow Corp. hit back at a motion for summary judgment sought by multiple pension funds including Central States Pension Fund, telling a Delaware bankruptcy court that it has no withdrawal liability for backing out of a multistate pension fund for truckers.

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