Jan 25, · Yellow Cab Cooperative Inc., San Francisco’s largest taxi company, filed for bankruptcy protection Friday, the latest in string of traditional taxi companies to Reviews: February 03, by Dolan Law Firmin Taxi Cab Crash. 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 owners and operators with more than cabs. Here is an update on the bankruptcy proceedings. A meeting was held on February 1, , so that the U.S. Trustee could interview . The largest taxi company in San Francisco has filed for bankruptcy. Yellow Cab Cooperative, which is made up of owners and operators with more than cabs, filed for chapter 11 bankruptcy on Friday. It’s been a rough few years for traditional taxi companies, as they’ve struggled to keep with ride-hailing startups Uber and Lyft.
The committee and its attorneys will determine whether to pursue other assets, etc. The committee members have a fiduciary duty to all unsecured creditors, not just the creditors they personally represent. The Meeting of Creditors is set for February 16, , at a. Creditors can ask about assets, etc. If you represent a client who has a claim, you should plan to attend. It will be a good opportunity to obtain additional information. According to a notice our office received, the Deadline to file a Proof of Claim is May 16, Even if your client was only recently injured and the statute of limitations is over a year away, you MUST file a proof of claim, or your client could lose his or her rights.
As a co-op, Yellow Cab has about shareholders who co-own the company, Gillespie said. Bankruptcy Transit Yellow Cab. More fathers take parental leave, but many employees unaware of program. San Francisco will no longer allow indoor dining to reopen next week… Continue reading.
A 6-year-old boy who was fatally struck by gunfire while watching fireworks… Continue reading. Measure would classify app-based drivers as independent contractors, offer some additional benefits. Firefighters kept busy responding to multiple incidents.
Voters would be asked to create a new Department of Sanitation and Streets. A 6-year-old boy who was fatally struck by gunfire while watching fireworks…. A 6-year-old boy died and a man was injured in a shooting…. The third of a three-part series chronicling road travel as America slowly reopens. Fewer drivers mean fewer profits for Yellow Cab, the co-op admitted in a letter to its members.
If you find our journalism valuable and relevant, please consider joining our Examiner membership program. Related: Uber competitor Sidecar calls it quits. Yellow Cab argued that the driver was entirely responsible for the crash because he was an independent contractor. The argument echoed Uber and Lyft's own approaches to drivers, though it's unclear if similar lawsuits would have the same impact on the ride-hailing companies.
A year ago, Yellow Cab of Chicago also filed for bankruptcy because of a crash-related lawsuit. San Francisco's Yellow Cab collective is not stopping service. You'll still be able to spot, and maybe hail, a Yellow Cab in San Francisco.