{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-296122","form_type":"8-K","ticker":null,"cik":"0000716006","company_name":"Yellow Corp","filed_at":"2023-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.801364+00:00","generated_at":"2026-06-07T12:18:40.461122+00:00","sec_items":["1.01","1.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bankruptcy Court approves $1.883B sale of 130 properties to 21 bidders; XPO leads with $870M","bullets":["Total purchase price of $1,882,637,655 for 128 owned and 2 leased properties approved by Bankruptcy Court on Dec 12, 2023.","Largest buyer XPO, Inc. at $870M; other public buyers include Saia ($235.7M), Knight-Swift ($51.3M), ArcBest ($30.2M).","Sales under Section 363 of Bankruptcy Code; remaining real property to be sold at a later date.","Yellow Corporation filed Chapter 11 on August 6, 2023; this sale is part of the liquidation process."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-296122","json":"https://secwatch.observer/filing/0001193125-23-296122.json","markdown":"https://secwatch.observer/filing/0001193125-23-296122.md","text":"https://secwatch.observer/filing/0001193125-23-296122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/716006/000119312523296122/0001193125-23-296122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/716006/000119312523296122/d12936d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T12:18:40.461122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f0281db3408feb86eb0c91a05f56a52069a0c5e1","claim":"Yellow Corp entered chapter 11 in U.S. Bankruptcy Court for the District of Delaware (petition 2023-08-06).","evidence_excerpt":"on August 6, 2023 (the \" Petition Date \"), Yellow Corporation (the \" Company \") and certain of its direct and indirect subsidiaries (collectively, the \" Company Parties \"), filed voluntary petitions for relief (the \" Chapter 11 Cases \") under Chapter 11 of the U. S. Bankruptcy Code in the U. S. Bankruptcy Court for the District of Delaware (the \" Bankruptcy Court \"). The Chapter 11 Cases are being jointly administered under the caption In re: Yellow Corporation, et al., Case No. 23-11069.","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/716006/000119312523296122/0001193125-23-296122-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"U.S. Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2023-08-06"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}