Judge denies Yellow’s motion to stop strike— a move the company says would cause it to liquidate
The company sought a temporary restraining order in federal court, saying a strike would force a liquidation, killing 30,000 jobs as Yellow wrestles with looming debt maturity. The union argued that Yellow's board manufactured this issue when it chose at the last minute not to make health and pension fund payments. "This is not a pretty situation for anyone involved," the judge said.