Two years ago in Flash No. 451, we wrote about the trial court decision in the Indiana case of Celadon Trucking Services, Inc. v. Wilmoth, et al., highlighting the importance of close attention to the “ingredients” of agreements with owner operators under the Federal Leasing Regulations (i.e., the Recipe Book). The trial court awarded the Plaintiff class approximately $3.8 million, although that amount was subsequently reduced to just over $3.3 million, plus pre- and post-judgment interest. On February 7, 2017, the Indiana Court of Appeals affirmed the trial court’s award.
Please see full publication below for more information.