Maple Leaf Motoring: Celadon Wants US Bankruptcy Recognized In Canada

Celadon Group is seeking to have its U.S. Chapter 11 bankruptcy proceedings recognized in Canada, court filings show, Freight Waves reported. But an ongoing federal investigation into the dismissals at Hyndman Transport might complicate that. Celadon will petition an Ontario court, likely the Superior Court of Justice, to have the U.S. bankruptcy recognized as the primary proceeding, according to documents in Celadon’s Chapter 11 case underway at U.S. federal bankruptcy court in Delaware. The U.S. firm could have made a filing in Canada already, but if it has, any documents or rulings have yet to be released publicly. Canadian creditors and former Hyndman Transport workers, and their lawyers, will be following the developments closely. Read more