'Down the tubes': Insider stories from Arrow Trucking bankruptcy
1/8/2012
Two years ago, Arrow Trucking Co.'s world crashed. |
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
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. |
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
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
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. |
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.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.
