This week’s question comes from Angela T., who asks, “A Yellow Cab crashed into a group of pedestrians in front of my office the other day at Sansome and Sutter streets in the Financial District. It was terrible. The cab jumped the curb and smashed into pedestrians and a newsstand causing massive injuries. Who is responsible: Is it the driver, taxi company, owner of the newsstand or The City?”
Three people have been hospitalized with life-threatening injuries after aYellow Cab Cooperative taxi cab crashed into a newsstand on a sidewalk in San Francisco’s Financial District at 3:15 p.m. today, according to local news reports. For an unknown reason, the taxi cab left the roadway at Sansome and Sutter Streets, sped across the sidewalk, plowed through a newsstand and a shoe-shine stand, and struck two pedestrians. The taxi driver also suffered critical injuries.
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.