Yellow | Pension liability claims against Yellow may take months to settle

[Freightmaster1]

Pension liability claims against Yellow may take months to settle

A Delaware bankruptcy court will decide on March 6 if it will hear pension withdrawal liability litigation against Yellow Corp.

www.freightwaves.com

 

[skullcramp]

Lol how about years. First they have to get all the unsecured creditors claims dismissed.

 

[Razorblade]

Makes no sense. The government Butch-Lewis welfare plan fully funded the funds. How can Yellow have any liability?

 

[ABF381]

Makes no sense. The government Butch-Lewis welfare plan fully funded the funds. How can Yellow have any liability?

Maybe you should read up on it and get educated....hint...it is in the final rule....

 

[ROLLBACK]

Makes no sense. The government Butch-Lewis welfare plan fully funded the funds. How can Yellow have any liability?

Sense has nothing to do with it, it’s about what they agreed/voted for.

 

[BIG R GUY]

Don’t think any of this ever was paid to the pension funds. From 2009.

YRC Announces Deal With Pension Fund | Transport Topics

YRC Worldwide last week said it has reached an agreement with the largest pension fund that pays benefits to YRC’s unionized employees. The agreement allows the company to defer $83 million in second-quarter pension payments while it provides real estate as collateral.

www.ttnews.com

 

[EX396]

What about this opinion filed yesterday?

Epiq 11

Epiq11.com builds on a library of cases spanning two decades - the largest repository of such data in the industry outside of the federal court system.

dm.epiq11.com

 

[Real Teamster]

What about this opinion filed yesterday?

Epiq 11

Epiq11.com builds on a library of cases spanning two decades - the largest repository of such data in the industry outside of the federal court system.

dm.epiq11.com

The opinions filed yesterday basically said "no, and we'll talk again about this very soon".

 

[EX396]

The opinions filed yesterday basically said "no, and we'll talk again about this very soon".

No to forcing arbitration over early withdrawal penalties pending a more compelling argument. Very soon being November? Or did I misinterpret all that legalease?