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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 ...
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 ...
Yellow Corp. and its largest shareholder failed to convince the Third Circuit to overturn a bankruptcy court ruling on ...
Administrators of Yellow Corp. filed a final Chapter 11 plan Sept. 2, laying out proposals for repaying creditors and disposing of the bankrupt less-than-truckload carrier’s remaining assets, ...
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