Overview
Helping Trucking Companies Navigate Bankruptcy Worries
As financial pressures for trucking companies increase, a record number of trucking companies are now facing financial distress leading to either informal restructurings or formal bankruptcy proceedings. In the last two years alone, major trucking companies who had been in business for decades called it quits leaving many stakeholders in its valuable ecosystem at risk. These stakeholders include owners, investors, drivers, operations staff, shippers, brokers, manufacturers, distributors, customers, vendors, suppliers, creditors, and lenders.
Bailey Glasser’s nationally recognized bankruptcy team stands ready to help. Bankruptcy can be a complicated, expensive, and time-consuming process — especially for carriers balancing operational demands with financial uncertainty.
Drawing on award-winning litigation experience, deep knowledge of bankruptcy law, and extensive courtroom success across the country, we advocate tenaciously to protect our clients’ interests and preserve business value wherever possible. Whether the goal is restructuring, reorganization, or liquidation, we deliver clear, pragmatic strategies tailored to the realities of the trucking and logistics industry.
Challenges Trucking Companies Are Facing:
- Political actions impacting national and international shipping markets
- Regulatory burdens creating compliance costs and legal risk
- Sharp drops in freight demand across multiple sectors
- Escalating fuel, insurance, and equipment costs
- Driver shortages and rising wage pressures
- Tightened lending standards and expensive capital
- Complex creditor and asset management under financial distress
- Increased bankruptcy filings across the logistics and freight sectors
How Bailey Glasser Helps:
We provide bankruptcy counsel for debtors, creditors, and buyers across trucking, freight brokerage, and logistics operations including handling the following:
- Chapter 11 reorganizations and liquidations, including emergency filings and prepackaged plans
- Asset protection and recovery strategies to maximize retained value
- Distressed M&A advisory for companies seeking to sell or acquire trucking assets during insolvency
- Litigation and defense in preference, fraudulent transfer, and breach of fiduciary duty actions
- Secured creditor representation for banks, funds, and financial institutions dealing with trucking portfolios
- Negotiating and litigating executory contracts and equipment leases critical to trucking operations
- eDiscovery leadership to manage complex electronically stored data issues during bankruptcy and litigation
- State and federal regulatory compliance advising during bankruptcy proceedings
- Strategic, practical advice aimed at preserving corporate value, not just closing cases
A Proven Team for a Changing Industry
We represent the full range of players involved in complex business restructurings and bankruptcies, including securing recoveries for secured and unsecured creditors and leading high-value litigation against fraudulent transfers and fiduciary breaches. Bailey Glasser combines aggressive advocacy with practical business insight — a rare combination in today’s bankruptcy landscape.
If your trucking company is facing financial pressure or if your company currently is doing business with a trucking company that you believe is in financial distress, early action is critical. Contact us today for a confidential consultation. We’re ready to help you navigate today’s challenges and protect what you’ve built.
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Experience
Experience
- Represented the State of West Virginia in all the major coal company bankruptcy cases throughout the country since 2012, including Patriot Coal and Alpha Natural Resources that resulted in nearly $400 million in funding for environmental reclamation in West Virginia
- Represented the Liquidating Trustee of the Yellowstone Mountain Club in the District of Montana and throughout the country in obtaining and enforcing $520 million in judgments, including a $386 million fraudulent transfer judgment, against the club’s founder and others
- Represented Riverstone Credit Partners in the Blackjewel Chapter 11 case in the Southern District of West Virginia and the MTE Holdings Chapter 11 case in the District of Delaware
- Represent the Creditors Committee in the Timberline Four Seasons Resort Chapter 11 cases in the Eastern District of Pennsylvania
- Represented United Bank in the Civilian Conservation Corp case in the Southern District of West Virginia
- Represented Premier Bank in the Emerald Grande and Corwin Place bankruptcy cases in the Northern District of West Virginia
- Represented the West Virginia Department of Environmental Protection in the out-of-court restructurings of Alpha Natural Resources and Contura Energy
- Represent the West Virginia State Tax Department in defending against $5 million refund claims arising out of the Patriot Coal bankruptcy cases in the Eastern Districts of Missouri and Virginia
- Represented Royal Automotive Company in its successful sale of its dealership on the forty-third day of its Chapter 11 cases
- Represented the Cline Group in its acquisition of assets out of the Enron bankruptcy case in the Southern District of New York
- Represented the West Virginia Department of Environmental Protection in the Freedom Industries bankruptcy case in the Southern District of West Virginia
- Represented the West Virginia Offices of the Insurance Commissioner in the WP Steel and Patriot Coal bankruptcy cases
- Represented the West Virginia State Tax Department in groundbreaking litigation to recover sales taxes from two money center banks
- Represented the liquidating trustee of Refco in litigation against a major New York law firm
- Defended two major hedge funds in an arbitration with Bank of America arising out of a debt restructuring of a major home builder
