Former Celadon executives that are being sued by TA Dispatch have won a request to have the case moved to Delaware.
Federal prosecutors on Wednesday dropped a fraud case against two former Celadon trucking company executives.
At one time, Overnite Express was the largest LTL carrier in the U.S. Read its story in this FreighWaves Haul of Fame article.
Its been just over a year since Celadon Group’s bankruptcy. Read about the company’s history in this FreightWaves Haul of Fame article.
Prosecutors argued against Meek traveling in December, saying keeping the kids back in the U.S. wasn’t a “surety bond.”
Jaguar Transport won a public auction for Celadon’s Mexican businesses, with a winning bid of $6.8 million.
The most recent court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter 11 bankruptcy on Dec. 9.
Sese Logistics said it worked several weeks and “incurred $152,433 in fees and expenses in obtaining the release” of the trailers.
Celadon Group says White Willow Holdings made the most viable offer for its Mexico trucking and logistics subsidiaries after a proposed sale to P.A.M. for $7 million fell apart, according to court filing.
The online auction from Ritchie Bros. attracted 8,600 bidders from 62 countries using the Ritchie Bros. mobile app.
