Teamsters Duck Yellow's $137M Suit Over Restructuring Talks

By Emily Brill · March 26, 2024, 3:58 PM EDT

The Teamsters have defeated Yellow Corp.'s $137 million lawsuit accusing them of pushing the trucking company into bankruptcy through intransigence in negotiations over a corporate restructuring, with a Kansas federal judge...

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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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