Yellow Dockets
Yellow Dockets
12 results found
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| Date | Docket Name | Docket No. | Summary |
|---|---|---|---|
| December 13, 2024 | Yellow appeals order denying motion to reconsider | 5170 | Yellow has filed an appeal regarding the order denying their motion for summary judgement and order denying their motion to reconsider MEPP claims. download |
| December 10, 2024 | Yellow sells remaining assets to Estes Express Lines and RAMAR Land Corporation for $192.5M | 5127 | Yellow Corporation sells seven owed and four leased properties to Estes Express Lines for $142.5M and one owned property to RAMAR Land Corporation for $50M, significantly increasing the cash available for unsecured creditors. download |
| December 2, 2024 | Orders relating to MEPP claims for summary judgement and associated motions to reconsider. | 5057 | Central State's Pension Fund's motion for partial summary judgement (dkt3803) - granted |
| MEPP's motion for partial summary judgement (dkt3805)- granted | |||
| PBGC motion for partial summary judgement (dkt3882) - partially granted (PBGC regulations at issue were within agency's scope of authority). | |||
| Debtor's motion to reconsider in part (dkt4461) - granted | |||
| MFN Parters & Mobile Street Holdings motion to reconsider - denied | |||
| download | |||
| December 2, 2024 | Yellow Corp sets trial date for WARN Act claims | 5053 | Debtors have set trial dates of 1/21/25 - 1/23/25 for the WARN Act claims. Allowance of the WARN Act claims will have significant impact on unsecured claim recoveries. download |
| November 21, 2024 | Yellow Corp files October monthly operating reports; receives approval of disclosure statement | 4985 | Yellow Corp ended the month with $340M in cash. The Debtors had a net cash spend of about $8.2M and earned approximately $2.7M in interest on their cash. The Debtors continue to be non-operating businesses. In addition, the debtor objected to billions of “CARES Act claims” filed by unions for future wages and the court entered an order approving their disclosure statement. download |
| November 20, 2024 | Yellow Corp files second amended Chapter 11 plan and disclosure statement | 4975 | The Debtors filed a second amended plan with updated recoveries. After the court's rejection of the disallowance of the MEPP claims, the current plan includes projections based on their current filed amount and based on a reduction of the claims. download |
| November 19, 2024 | Order granting extension of exclusivity until 2/28/25 | 4953 | Judge Goldblatt has entered an order approving an extension of the exclusivity period to confirm a Chapter 11 Plan to February 28, 2025. download |