CONTINUING COVERAGE

Arrow Trucking

Arrow Trucking closed suddenly on Dec. 22, 2009. On Jan. 8, 2010, Arrow filed its bankruptcy petition with assets at $8.55 million and liabilities at $98.97 million.

The 61-year-old Tulsa trucking company and the family members who ran it have gone through legal battles after stranding its drivers all over the country and leaving them out of work.

This page provides continuing coverage of legal and financial fallout of the company.


Arrow trucks line the inside of the racetrack at Fair Meadows Downs in 2010 during an auction of Arrow Trucking Company assets. MICHAEL WYKE/Tulsa World


HEADLINES
Author writes about Arrow Trucking Co. demise

Author writes about Arrow Trucking Co. demise   6/29/2012

Charles Hood said he decided to write a book about the demise of Arrow Trucking Co. after the idea was suggested by a banker who formerly did business with former Arrow CEO James Douglas Pielsticker.

Arrow Trucking bankruptcy comes to close after two years

Arrow Trucking bankruptcy comes to close after two years   2/9/2012

Two years and 31 days after Arrow Trucking Co. filed a Chapter 7 liquidation petition in U.S. Bankruptcy Court in Tulsa, bankruptcy trustee Patrick J. Malloy III filed his final report in the case Wednesday.

Arrow Trucking bankruptcy: Timeline of events

Arrow Trucking bankruptcy: Timeline of events   1/8/2012

October 2001: Arrow Trucking Co. President Jim Pielsticker is killed in a plane crash. His wife, Carol Pielsticker, inherits the company and becomes chairwoman; son James Douglas Pielsticker assumes a leadership role in the company.

Arrow execs said to have looted company, court records show

Arrow execs said to have looted company, court records show   1/8/2012

The seeds of the problem former Arrow Chief Operating Officer Gary Jones has referred to were sown years earlier, company executives and employees said.

'Down the tubes': Insider stories from Arrow Trucking bankruptcy

'Down the tubes': Insider stories from Arrow Trucking bankruptcy   1/8/2012

Two years ago, Arrow Trucking Co.'s world crashed.

Ex-CEO of Arrow settles with bank

Ex-CEO of Arrow settles with bank   12/15/2011

A Utah bank that sued bankrupt Arrow Trucking Co. and its top executives, alleging fraud that cost it at least $15.1 million, has been awarded a $500,000 judgment against former CEO James Douglas Pielsticker, court documents show.

Ex-Arrow Trucking executive Joseph Mowry dead at 45   12/14/2011

Joseph James Mowry, the former secretary and general counsel of Tulsa-based Arrow Trucking Co., died early Monday at his Houston home, local authorities and a former Arrow executive said.

Arrow Trucking payments to former employees average $3,200

Arrow Trucking payments to former employees average $3,200   12/13/2011

Former employees of bankrupt Arrow Trucking Co. who were owed back wages and benefits when the Tulsa-based hauler ceased operations two years ago are receiving checks this week totaling $2.05 million, bankruptcy court officials said Monday.

$2 million Arrow payout proposed   11/11/2011

Arrow Trucking Co.'s bankruptcy trustee proposes to distribute $2.09 million of bankruptcy estate assets to 676 former employees who have filed wage and employment law violation claims against the estate, court documents show.

Arrow bankruptcy case winding down

Arrow bankruptcy case winding down   11/9/2011

A proposed $850,000 settlement with a Utah bank and a U.S. Bankruptcy Court motion authorizing payment of attorneys fees and expenses may be near the end of the bankruptcy trustee's litigation in the 22-month-old Arrow Trucking Co. case, court officials say.

Arrow estate, lender forge agreement   11/5/2011

Arrow Trucking Co.'s bankruptcy trustee and a Utah bank have reached a proposed settlement under which the bank would pay $850,000 to the bankruptcy estate while both parties would dismiss all claims against each other, court documents show.

Agreement reached on Arrow Trucking bankruptcy case   9/29/2011

A proposed $450,000 agreement has been reached to settle outstanding claims between the Arrow Trucking Co. bankruptcy estate and former Arrow Chairwoman Carol Pielsticker Bump, court documents show.

Judge OKs bankruptcy trustee's suit against former Arrow lender   8/5/2011

A federal bankruptcy judge has cleared the way for a trial of Arrow Trucking Co. bankruptcy trustee Patrick J. Malloy III's lawsuit against Transportation Alliance Bank, Arrow's former lender, court documents say.

Abandoned Pielsticker mansion runs afoul of city code

Abandoned Pielsticker mansion runs afoul of city code   6/4/2011

The former president and CEO of bankrupt Arrow Trucking Co., James Douglas Pielsticker, has left a mess that the city is having to clean up.

Arrow Trucking Co. bankruptcy trustee, bank agree to trial discovery schedule

Arrow Trucking Co. bankruptcy trustee, bank agree to trial discovery schedule   5/7/2011

A Utah bank and Arrow Trucking Co. bankruptcy trustee Patrick J. Malloy III have agreed to a proposed schedule of discovery leading to a 2012 trial of the lawsuit Malloy has filed against the bank, court documents show.

Arrow Trucking claims still trickling in, holding up distribution   4/15/2011

Fifteen months after Arrow Trucking Co. filed its Chapter 7 bankruptcy liquidation petition, former employees continue to file wage claims against Arrow's bankruptcy estate, court officials said Thursday.

Load More
KEY DOCUMENTS
Read the deposition of Michelle Bullard, former Arrow billing department employee (19 pages).

Read the deposition of Joseph Mowry, former secretary and general counsel of Arrow Trucking (46 pages).

Read the deposition of Doug Pielsticker, former CEO of Arrow Trucking (44 pages).

Read the deposition of Jonathan Moore, former chief financial officer of Arrow Trucking (41 pages).

Read the deposition of Gary Jones, former chief operating officer of Arrow Trucking (18 pages).

Read the deposition of Larry Bump, husband of former Arrow Chair Carol Pielsticker (18 pages).

Read the deposition of former Arrow Chair Carol Pielsticker Bump (42 pages).

Read the affidavit of Britt Roberts, senior manager of fleet and small business credit for Daimler Truck Financial (5 pages).

Read minutes of a meeting between Daimler Truck Financial and Arrow Trucking (6 pages).

Read details of assets and liabilities, and a disclosure statement from the trustee, in the Arrow bankruptcy.
Part one
Part two
Part three
Part four


Summary of assets and liabilities, and a disclosure statement from the trustee, in the Arrow bankruptcy.

Counterclaim filed by Carol Pielsticker.

Counterclaim filed by Megan Corp.

Counterclaim filed by Piel Corp.

Doug Pielsticker's response to the lawsuit against Arrow Trucking.

Jonathan Moore's response to the lawsuit against Arrow Trucking.

Bankruptcy filing for Arrow Trucking Co.

Complaint filed in federal court by Transportation Alliance Bank against Arrow (69 pages).

Lawsuit filed by former employees of Arrow.

Lawsuit by the state of Arizona against an insurance company owned by Arrow.

Lawsuit filed by Peoples Bank against Arrow Trucking.

Lawsuit filed by Peoples Bank against Doug Pielsticker.

Lawsuit filed by Peoples Bank against Joseph Mowry.

Lawsuit filed by Around the Clock Freightliners.

Federal complaint filed against Arrow Trucking and Doug Pielsticker.

Bench warrant for Carol Pielsticker.

Bench warrant for Doug Pielsticker.