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Yellow Corporation

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1:23-bk-11069

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August 22, 2023
BakerHostetler Advises Old Dominion's $1.5 Billion Asset Bid

Attorneys at BakerHostetler had about 10 hours to put together a $1.5 billion stalking horse bid last week for trucking company Yellow Corp.'s 174 truck terminals.
August 21, 2023
Yellow Corp. Wants Teamsters Suit In Bankruptcy Court

Yellow Corp.-operated companies YRC Freight and USF Holland LLC told a Kansas federal judge that, because Yellow has filed for Chapter 11 bankruptcy protection, its suit in Kansas alleging the International Brotherhood of Teamsters sank the company should be transferred to the Delaware Bankruptcy Court.
August 17, 2023
Yellow Corp. Says It Has Deal For DIP Financing, Terminal Bid

Trucking firm Yellow Corp. told a Delaware bankruptcy judge Thursday it has reached an "agreement in principle" for $142.5 million in Chapter 11 financing and a $1.2 billion offer for its truck terminals.
August 11, 2023
Yellow Corp. Says Ch. 11 Financing Offers Still Coming In

Trucking firm Yellow Corp. told a Delaware bankruptcy judge Friday that it has received yet more offers to finance its Chapter 11 case and will be asking the court to approve one of the proposals next Tuesday.
August 09, 2023
Yellow Corp. Fielding 3 Ch. 11 Financing Proposals

Trucking firm Yellow Corp. told a Delaware bankruptcy judge Wednesday it is looking at three competing Chapter 11 financing proposals to determine which will give it the most freedom to maximize the returns from its liquidation.
August 08, 2023
Laid-Off Workers File WARN Act Suit In Yellow Ch. 11 Case

An employee laid off by bankrupt trucking firm Yellow Corp. filed a proposed class action adversary proceeding in the company's Chapter 11 case, saying Yellow violated the WARN Act by laying off 30,000 workers with no advance notice.
August 07, 2023
Trucking Firm Yellow Corp. Hits Ch. 11 With $1.5B In Debt

Tennessee-based trucking firm Yellow Corp. filed for Chapter 11 protection on Sunday in Delaware bankruptcy court, saying its dwindling liquidity left it unable to satisfy its obligations under more than $1.5 billion of secured debt.

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