Craig Fuller, CEO at FreightWaves
Tuesday, December 10, 2019
Why Celadon is filing Chapter 11 instead of Chapter 7
Last Friday, December 6, FreightWaves reported that Celadon intended to file Chapter 11 bankruptcy and now the company has made it official. On the surface, it sounds like Chapter 11 will give hope to at least some of the 4,000 employees at the company. Chapter 11 is the process used to describe a restructuring where […]