Celadon Group Top 10 Unsecured Creditors

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Indianapolis-based truckload carrier Celadon Group Inc., which filed for Chapter 11 bankruptcy and ceased operations Dec. 8, listed approximately $391 million in debt and $427 million in assets.

Here are the top unsecured creditors that are not company employees listed in Celadon’s bankruptcy petition:

  •  Department of Justice, Washington, litigation claim: $33 million
  •  PS Logistics, Ensley, Ala., trade: $4.7 million
  •  Comdata Corp., Brentwood, Tenn., trade: $2.8 million

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  •  Pilot Travel Centers, Knoxville, Tenn., trade: $2.5 million 
  •  Trans Enterprise Leasing, Chattanooga, Tenn., lessor: $2 million
  •  The Simon Law Firm, St. Louis, litigation claim: $1.5 million
  •  Grant Thorton, Oakbrook Terrace, Ill., professional: $1.4 million
  •  Unnamed, litigation claim: $1.3 million
  •  Goodyear Tire & Rubber Co., Akron, Ohio, trade: $1.3 million
  •  Comercializadora y Distribuidora Martinez y Martinez, S.A. de C.V., Nuevo Leon, Mexico, trade: $1.2 million

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