Update On San Francisco Yellow Cab Bankruptcy
Yellow Cab Cooperative (“Yellow Cab”), the largest taxi company in San Francisco, filed for Chapter 11 bankruptcy last month. Yellow Cab is made up of 300 owners and operators with more than 500 cabs. Here is an update on the bankruptcy proceedings.
A meeting was held on February 1, 2016, so that the U.S. Trustee could interview people to be on the Official Committee of Unsecured Creditors for the Yellow Cab bankruptcy. The unsecured creditors who have the top 20 largest claims were invited to attend. The Trustee selected attorneys David Cook, Benjamin Siegel, and Gary Angel to comprise the committee.