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Appeals Court Upholds $6.5B Pension Liability Against Bankrupt Yellow Corp.
Ruling affirms that the defunct trucking firm must honor agreements with Teamsters funds, leaving pension plans among the largest creditors in Yellow's bankruptcy.
Yellow Corp.'s failed bid to slash around $6.5 billion in pension withdrawal liabilities is a significant win for one federal ...
Yellow Corp. and its largest shareholder failed to convince the Third Circuit to overturn a bankruptcy court ruling on ...
Creditors and equity holders of the company are expected to see potential bankruptcy payouts reduced after appellate ruling.
A U.S. appeals court on Tuesday shot down bankrupt trucking company Yellow Corp's challenge of two COVID-era pension bailout ...
NEW YORK -- Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers. The Nashville-based logistics provider ...
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