Yellow, Creditors Get Judge’s Guidance on Pension Claims Dispute

The judge overseeing Yellow Corp.'s bankruptcy issued a series of “preliminary observations” in a longstanding dispute over multi-employer pension plan withdrawal claims.

The judge issued his 70-page guidance as Boston-based hedge fund MFN Partners LP challenges the claims amid a tentative settlement between the troubled trucking company and unsecured creditors.

Judge Craig T. Goldblatt of the US Bankruptcy Court for the District of Delaware said if he were to rule, he would partially grant and partially deny competing motions for summary judgment on the claims.

In addressing disputes over how to value what the company would owe for withdrawing from ...