Yellow Corp. and its largest shareholder failed to convince an appeals court to overturn a bankruptcy court’s ruling that the insolvent less-than-truckload (LTL) firm was liable for billions in debt claims by its pension funds. After Yellow Corp. shuttered operations and filed for bankruptcy in summer 2023, it withdrew from several pension plans that secured retirement benefits for the former trucking firm’s union workforce. During the Chapter 11 bankruptcy process, those funds came looking for what they b ...