SCAM CHASER
Site Supporter
20
Notwithstanding the Trust Account requirement in the HTA, and the TCT Logistics decision, Trustees of bankrupt companies are not giving "unsecured" carriers priority over secured creditors.
Do not count on being treated "special" because of the HTA. Be prepared for costly litigation. That is why no one is seeing any priority settlement in the Compass Freight case, and probably will not see it with Mobile Cartage or LaSalle Transport.
Do not count on being treated "special" because of the HTA. Be prepared for costly litigation. That is why no one is seeing any priority settlement in the Compass Freight case, and probably will not see it with Mobile Cartage or LaSalle Transport.