June 12, 2015
Allied Systems Holdings Inc. and its creditors slammed private equity lender Yucaipa Cos. LLC's attempt to freeze the car hauler's Chapter 11 case while litigation over creditor rights plays out, arguing Thursday that doing so could take years and would benefit only Yucaipa.
May 29, 2015
The Yucaipa Cos. LLC asked the Delaware bankruptcy court Thursday to freeze Allied Systems Holdings Inc.'s long-running and contentious Chapter 11 case, arguing that plan proposals shouldn't go forward until the myriad litigation that has grown around the proceedings over creditor rights is resolved.
February 11, 2015
Ron Burkle's Yucaipa Cos. Ltd. hurled a racketeering lawsuit against two hedge funds owed money by the private equity firm's bankrupt portfolio company Allied Systems Holdings Inc., demanding $175 million for an alleged conspiracy to wipe out Yucaipa's debt claims in Chapter 11.