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 10, 2024
Teamsters Fund Wants $5B Plan Withdrawal Fight Arbitrated

Bankrupt trucking company Yellow Corp. must contest an assertion that it owes a Teamsters-affiliated pension plan nearly $5 billion in arbitration, not in Delaware bankruptcy court, the fund said Wednesday.
December 12, 2023
Del. Judge OKs 'Tremendous' $1.9B Yellow Corp. Ch. 11 Sale

A Delaware bankruptcy judge on Tuesday approved bankrupt trucking company Yellow Corp.'s $1.88 billion sale of 128 trucking terminals to 21 buyers following a November auction.
December 05, 2023
Yellow Corp. Accepts $1.9B In Bids For Trucking Terminals

Bankrupt trucking firm Yellow Corp. has told a Delaware bankruptcy judge that it plans to sell 128 trucking terminals nationwide to 21 different buyers for over $1.88 billion.
November 14, 2023
Yellow Corp. Workers Seek Ch. 11 Class Certification

Workers at bankrupt trucking company Yellow Corp. who say they were terminated without proper notice asked a Delaware court to be certified as a class of plaintiffs in their adversary suit against the debtor filed under the WARN Act.
November 13, 2023
Teamsters Can't Halt Discovery In Yellow's CBA Breach Suit

A Kansas federal magistrate judge denied the Teamsters' request to stay a suit brought by trucking firm Yellow Corp. accusing the union of breaching a collective bargaining agreement, finding the Teamsters had not proven that participating in discovery would be enough of a burden to warrant pausing the proceedings.
November 02, 2023
Yellow Corp. Fights Teamsters' Bid To Toss $137M Suit

Trucking firm Yellow Corp. wasn't required to go through the grievance process before going to court seeking more than $137 million in damages for claims that the Teamsters led Yellow to file for bankruptcy, the company argued as it urged a Kansas federal judge not to toss its suit.
October 27, 2023
Yellow Corp. Approved For Auctioneer Hire For Ch. 11 Sales

Bankrupt trucking firm Yellow Corp. received court approval Friday for an agency agreement with an auctioneer company that will run sales of the debtor's rolling stock, allowing the debtor to engage with the third party for a longer but less expensive process to liquidate its truck fleet.
October 17, 2023
Yellow Corp. Pivots Strategy For Auctioning Trucks In Ch. 11

Bankrupt trucking company Yellow Corp. has asked a Delaware bankruptcy court to give speedy approval to its retention of an auction agent to sell off its rolling stock, saying it needs to depart from its bidding procedures order because it doesn't have the resources to conduct the sale process on its own.
October 12, 2023
Yellow Corp. Can't Transfer Teamsters Suit, Judge Says

Yellow Corp. can't transfer its suit against the Teamsters seeking $137 million in damages to bankruptcy court, a Kansas federal judge ruled in a decision docketed Thursday, finding the company couldn't have taken this case to Delaware federal court under federal labor law jurisdiction requirements.
September 15, 2023
Yellow Corp. Gets OK For Ch. 11 Financing, Asset Auctions

A Delaware bankruptcy judge Friday gave trucking firm Yellow Corp. final approval to take out more than $212 million in Chapter 11 financing and to put its rolling stock and real estate up for auction over the next two months.

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