Yellow Corporation

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Case Number:

1:23-bk-11069

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

March 31, 2025
Ex-US Trustee Head Appeals Firing, Purdue Case Extended

The former director of the U.S. Trustee's Office appealed her removal, alleging the government lacked cause and violated due process. Meanwhile, Purdue Pharma secured more time to protect itself and the Sackler family from lawsuits as the company seeks approval for a $7.4 million opioid settlement plan. And FTX told a court it has $11.4 billion ready for creditors but is still reviewing a massive volume of claims before the distribution.
March 26, 2025
Yellow Corp. Says It Reached Ch. 11 Plan Deal With Creditors

A Delaware bankruptcy judge agreed Wednesday to delay his decision on $6 billion of contested claims in Yellow Corp.'s Chapter 11 after attorneys for the defunct trucking group said they reached a plan settlement.
March 17, 2025
Yellow Corp. Creditors Threaten To File Competing Ch. 11 Plan

The official committee of unsecured creditors for troubled trucking company Yellow Corp. told a Delaware bankruptcy judge Monday the group would push its own version of a Chapter 11 proposal if the debtor cannot reach a global settlement with its creditors.
March 10, 2025
Judge Romance Row Remanded, Ch. 11 Plans Approved

A Texas federal judge sent part of a dispute over a former bankruptcy judge's secret romance with a onetime Jackson Walker partner back to the court where the disgraced jurist once oversaw high-profile insolvencies, ordering the CEO of a defunct barge operator to seek standing in Texas bankruptcy court.
March 07, 2025
Under The Radar: Bankruptcy News You May Have Missed

The U.S. Trustee's Office opposed Yellow Corp.'s Chapter 11 plan, saying its exculpation provisions cover ineligible people and entities. Bernie Madoff's liquidation trustee has begun doling out another $76 million to claimants. And clothing retailer Delta Apparel made a bid to pivot to a wind-down in its bankruptcy that was opposed by tax claimants in Texas.
March 03, 2025
Yellow Corp. Settles Pair Of WARN Suits In Del. For $12.3M

Shuttered Yellow Corp.'s trucking company bankruptcy estate has agreed to settlements totaling $12.3 million with two former employee groups, which were reached before a Delaware judge's posttrial denial of Worker Adjustment and Retraining Act claims covering thousands of ex-company employees, according to recent court filings.
February 27, 2025
Yellow Corp. Beats Teamsters In WARN Act Row

A Delaware bankruptcy judge has ruled that trucking company Yellow Corp. is not liable for its failure to provide 60 days notice of layoffs to 22,000 union workers who lost their jobs as the company descended into Chapter 11, finding that Yellow was a "liquidating fiduciary" at the time and intended to comply with the WARN Act.
February 24, 2025
Yellow Corp. Gets OK To Sell More Terminals For $15.1M

A Delaware bankruptcy judge has signed off on Yellow Corp.'s $15.1 million sale of trucking terminals and other property to three buyers, as the defunct trucking company looks to add to the more than $2 billion it has already brought in from asset sales in Chapter 11.
February 20, 2025
Yellow Corp. Urges Ch. 11 Judge To OK $11.5M Terminal Sales

Defunct trucking company Yellow Corp. asked a Delaware bankruptcy judge to sign off on the $11.5 million private sale of two leased truck terminals to ABF Freight System Inc.
February 12, 2025
Yellow Corp. Seeks OK For $15M Real Estate Sale

An investment banking advisory firm for bankrupt trucking company Yellow Corp. asked a Delaware bankruptcy court to approve three asset purchase agreements for properties owned by the trucking company that are worth $15.1 million.

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