Del. Judge OKs 'Tremendous' $1.9B Yellow Corp. Ch. 11 Sale

By Emily Lever · December 12, 2023, 3:43 PM EST

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....

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

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

View Full Scorecard

Related Sections

Case Information

Case Title

Yellow Corporation

Case Number

1:23-bk-11069

Court

Delaware

Nature of Suit

Date Filed

August 06, 2023

Recent Articles By Emily