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Yellow Cab Affiliation, Inc.

  1. August 24, 2017

    Amid Ch. 7, Yellow Cab Deal With Atty Gets Judge's OK

    An Illinois bankruptcy judge on Thursday gave the go-ahead to a deal that would discount a $26 million judgment entered against a Chicago cab company over an accident that left an attorney severely injured, but the company's Chapter 7 trustee said payment is still fairly unlikely.

  2. August 02, 2017

    Injured Atty Settles Claim Against Bankrupt Cab Co. For $22M

    The court-appointed Chapter 7 bankruptcy trustee for a Chicago cab company on Wednesday asked an Illinois bankruptcy court to approve a $22.1 million settlement between the company and a lawyer who was injured when the cab he was in crashed into a concrete highway barrier.

  3. May 04, 2017

    Yellow Cab Partner Fights Trustee's $7M Clawback Suit

    The company that helps keep Chicago's impoverished Yellow Cab fleet on the road has moved to prevent a Chapter 7 trustee from recouping $7 million allegedly taken from estate coffers without a bankruptcy court's approval, with the company arguing that the court has authorized the payments.

  4. November 16, 2016

    Ch. 7 Trustee Takes Over Yellow Cab Bankruptcy

    An Illinois bankruptcy judge handed over the reins of Chicago's Yellow Cab company to a Chapter 7 trustee on Wednesday, but the trustee said he is still in the process of determining whether he will take on the liability of running the taxi service until it finds a buyer.

  5. October 07, 2016

    Yellow Cab Can No Longer Afford Ch. 11, Trustee Says

    A U.S. trustee has moved to convert the Chapter 11 bankruptcy of Chicago's Yellow Cab to a Chapter 7, arguing that the company has no money to pay attorneys and other professionals working on the case.

  6. September 14, 2016

    Judge Fears Injured Atty Overshadows Cab Co. Bankruptcy

    The former attorney whose $26 million personal injury suit spun Yellow Cab Chicago into bankruptcy is causing some concern for a federal judge who on Wednesday expressed her "troubling" feeling that the attorney's interests are being put before others with a stake in the company's future. 

  7. July 07, 2016

    Yellow Cab Ch. 11 Trustee Would Be A Waste, Judge Says

    An Illinois bankruptcy judge on Thursday shut down unsecured creditors' efforts to get a Chapter 11 trustee to take over Yellow Cab's case, telling them they were asking for an expensive and wasteful redo of the examiner's work.

  8. June 23, 2016

    No Payday In Sight For Yellow Cab Creditors Counsel

    Dykema Gossett PLLC attorneys claiming they have not been paid in over a year for work in the Chapter 11 case of Chicago's Yellow Cab unit will have to continue waiting, after an Illinois bankruptcy judge ruled Thursday the company currently cannot afford to pay them.

  9. April 28, 2016

    Yellow Cab Creditors Want Ch. 11 Trustee To Take The Wheel

    Attorneys representing the unsecured creditors in the bankruptcy filed by the Chicago unit of Yellow Cab asked that a Chapter 11 trustee take over the contentious case Wednesday, telling an Illinois bankruptcy judge that settlement talks so far have been unfruitful.

  10. February 11, 2016

    Chicago Cab Co., Creditors Scolded For Ch. 11 Discovery Row

    An Illinois bankruptcy judge admonished Chicago's Yellow Cab unit and its creditors in court Thursday, telling them their continued bickering over nearly year-old discovery issues in the company's Chapter 11 is "appalling."

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