Bankrupt carrier Yellow Corp. and its hedge fund owners lost a court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them.
September 17, 2024Government, Business, Logistics
Yellow Loses Ruling Over $6.5 Billion in Pension Debts
Business
Update: Yellow Repays $700M Pandemic-Era Loan to Treasury Dept.
The auction of Yellow's assets is continuing as sales of the bankrupt carrier's terminals are funding debt repayments.Â
February 8, 2024Government, Business, Technology, Fuel
Lordstown Motors Files for Bankruptcy Protection
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.
June 27, 2023