A bankruptcy judge will soon decide the outcome of more than $7 billion in liability claims from multiemployer pension plans (MEPPs) against bankrupt Yellow Corp. Discrepancies around the interpretation of Congress’ directives and intentions in a 2021 pension fund bailout package were at the center of a Tuesday hearing in a Delaware courtroom.
Counsel for the MEPPs that Yellow (OTC: YELLQ) once contributed to argued that the plans aren’t required to include special financial assistance received...