DRF Logistics, LLC

  1. November 20, 2024

    Pitney Bowes Unit's Ch. 11 Plan Hits Creditor Pushback Snag

    A Texas bankruptcy judge on Wednesday pushed a decision on the Chapter 11 plan for the former e-commerce unit of shipping group Pitney Bowes to Monday after the U.S. trustee and Trilogy Leasing Co. LLC, the debtor's longtime equipment finance and leasing partner, flagged issues with liability releases.

  2. October 18, 2024

    Judge Won't Delay Pitney Bowes Spinoff's Ch. 11 Timeline

    A Texas bankruptcy judge on Friday said he will not push back a Chapter 11 plan confirmation for the former e-commerce unit of shipping group Pitney Bowes in order to buy the creditors' committee more time for contract analysis, keeping a mid-November hearing in place.

  3. August 19, 2024

    Meet The Attys Behind The Pitney Bowes E-Commerce Ch. 11

    DRF Logistics, the former e-commerce arm of shipping group Pitney Bowes, has filed for Chapter 11 protection in Texas with plans to close shop after years of heavy losses. To navigate bankruptcy, DRF has tapped a team of New York- and Houston-based lawyers with Weil Gotshal & Manges LLP.

  4. August 16, 2024

    Why Pitney Bowes Spun E-Commerce Biz Off Into Ch. 11

    A heated proxy battle, big capital outlays and more than $570 million in losses set the stage for shipping company Pitney Bowes to spin off its e-commerce unit and send it into Chapter 11 in a Texas bankruptcy court.