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Delaware judge to determine fate of pensions’ $7B in claims against Yellow

Yellow’s non-pension-affiliated creditors as well as its shareholders may soon know the fate of their stake in the defunct less-than-truckload carrier’s estate.

By: FreightWaves

Aug 07 2024
37
3410 Views

Delaware judge to determine fate of pensions’ $7B in claims against Yellow — Delaware judge to determine fa

A bankruptcy judge will soon decide the outcome of more than $7 billion in liability claims from multiemployer pension plans (MEPPs) against bankrupt Yellow Corp. Discrepancies around the interpretation of Congress’ directives and intentions in a 202... [1177 chars]

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