Teamsters Locals Want Out Of Yellow's Stalled Reorg Suit

By Grace Elletson · November 22, 2023, 6:50 PM EST

Three Teamsters locals said Yellow Corp. has overblown their roles in a Kansas federal suit alleging the labor groups held up corporate restructuring that cost the trucking business $137 million, arguing...

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Bankruptcy Scorecard

Summary

Trucking company Yellow Corp. hit bankruptcy on Aug. 6 with roughly $1.2 billion in secured debt amid a dispute with the International Brotherhood of Teamsters over Yellow’s restructuring efforts.

Case Number

1:23-bk-11069

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.9 billion

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Documents

Related Sections

Case Information

Case Title

Yellow Corporation et al v. International Brotherhood of Teamsters et al

Case Number

6:23-cv-01131

Court

Kansas

Nature of Suit

Contract: Other

Date Filed

June 27, 2023

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