Originally published at: Yellow’s new bankruptcy plan revealed, next steps still uncertain - FreightWaves
Details around final distributions to Yellow Corp.’s creditors are out, but the company’s largest shareholder may not be on board.
Terrible article! Not one word about the money owed to Yellow Fright Union employees under the WARNACT. Everything else is lawyer talk about how Yellow Union employees will be paid pennies on the dollar. At this time, $170 million plus has been spent on Lawyers.
This saga will not end. Once the Teamsters Union killed this company the very people that put it out of business tried to milk it after it died…