Bankrupt Trucker Yellow Loses Ruling Over $6.5 Billion in Pension Debts

Bankrupt trucker Yellow Corp. and its hedge fund owners lost a key court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them, likely wiping out most recovery for shareholders.

https://www.bloomberg.com/news/articles/2024-09-17/trucker-yellow-loses-ruling-over-6-5-billion-in-pension-debts?embedded-checkout=true