Yellow Corp. Approved For Auctioneer Hire For Ch. 11 Sales

By Vince Sullivan · October 27, 2023, 7:00 PM EDT

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...

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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

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Related Sections

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023

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