Hyndman

A Canadian judge approved the sale of the former headquarters and a terminal of bankrupt Celadon Group's Hyndman Transport on Friday. Ontario Superior Court Judge Glenn Hainey cleared the way for U.S.-based Celadon to proceed with existing deals to sell Hyndman's Ayr, Ontario, headquarters for C$...

Celadon Group depleted the cash generated by the profitable core business of Hyndman Transport without leaving sufficient funds for employees and creditors after its sudden shutdown, the Canadian trucking company's former chief financial officer alleges in a forthcoming court filing.  Jeff Sippel...

Celadon Group plans to sell Hyndman Transport's Winnipeg terminal for C$4.25 million to a commercial real estate firm, but the deal likely faces resistance from a Canadian court over the company's failure to initiate timely bankruptcy proceedings in Canada.  The deal emerged in public filings in...

Former employees of Hyndman Transport who say they are owed more than C$2 million will begin legal action Wednesday to disrupt U.S. owner Celadon's efforts to sell off its Canadian assets as part of U.S. bankruptcy proceedings, FreightWaves has learned.  Andrew J. Hatnay, a Toronto labor lawyer...