Board of Performance Transportation Services, second largest U.S. automobile hauler, reviews fiduciary duties to creditors and other constituents, stalking horse bids, and governance issues related to bankruptcy filings
Client(s) Performance Transportation Services, Inc.
Jones Day represented Performance Transportation Services, the nations' second largest hauler of new vehicles to dealerships, with over $185 million in secured indebtedness in its chapter 11 cases, including an attempted sale pursuant to section 363 of the bankruptcy code.