Paladin Capital, Inc. is proceeding as a Chapter 7 liquidation before Judge Charles M. Walker in the Middle District of Tennessee, with Chapter 7 Trustee Jeanne Ann Burton administering the estate following a petition filed January 26, 2026 (Case No. 26-00316).
Paladin was the Brentwood, Tennessee holding company for 24 trucking, freight transportation, and logistics subsidiaries — including core carriers Quickway Carriers, Quickway Transportation, Volunteer Express, Magnum Express, Dolphin Line, and SG Express — providing truckload and freight services across the southeastern United States and employing a Teamsters Local No. 614-represented workforce. The case carries a substantial secured creditor group anchored by equipment financiers and fleet lenders, including Truist Bank, BMO Bank N.A., Pinnacle Bank, First Horizon Bank, Banc of America Leasing & Capital LLC, Daimler Truck Financial Services USA LLC, Navistar Leasing Company, Fleet Equipment Leasing LLC, and IPFS Corporation.
The recent docket reflects an accelerating stay-relief phase: the court entered at least five separate orders granting relief from the automatic stay in late March 2026, with BNC service confirmed across Dkt. 202 through 209 Dkt. 214 Dkt. 215 Dkt. 216 Dkt. 217 Dkt. 219, allowing secured creditors to proceed against collateral — consistent with the equipment-heavy nature of a trucking enterprise wind-down. At least one additional stay-relief contested matter remains pending, with a hearing scheduled for April 22, 2026 at 11:00 AM CT.