Lawsuits hit Evergreen International Airlines

| Print |  Email
Must Reads
Friday, November 22, 2013

Numerous companies are suing Evergreen International Airlines.

A United Arab Emirates company is suing Evergreen for $5.4 million, claiming the McMinnville-based airline never paid it for air cargo missions in Afghanistan.

A Florida freight forwarder is suing for $2.1 million, seeking a refund for cargo flights Evergreen allegedly canceled. Hellmann Worldwide Logistics Inc. accuses the airline of fraud, saying it’s now evident from parent company chief executive Delford M. Smith’s statements that the freight carrier is in financial danger and managers knew they couldn’t provide the promised flights.

Together, these and other suits filed against Evergreen reveal an airline in a tailspin, scrambling for cash and often failing to show up in court to defend itself as its 83-year-old leader fights to regain control. Smith has averted disaster many times in more than five decades of management, but people close to Evergreen believe that this time his privately held corporate group is crashing.

Read more at OregonLive.com.

 

More Articles

Up on the Roof

September 2015
Wednesday, August 19, 2015
BY LINDA BAKER

In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction. 


Read more...

Reader Input: School Choice

September 2015
Thursday, August 20, 2015

Which of the following would be most effective in reducing the cost of operating a public university in Oregon?


Read more...

Downtime with Jill Nelson

September 2015
Wednesday, August 19, 2015
BY JACOB PALMER

Live, Work, Play wit the CEO of Ruby Receptionists.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

Is there life beyond Reed?

September 2015
Wednesday, August 19, 2015
BY GARY THILL | PHOTOS BY JASON E. KAPLAN

A storied institution climbs down from the ivory tower.


Read more...

Baby. Boom!

September 2015
Wednesday, August 26, 2015
BY LINDA BAKER

A new co-working model disrupts office sharing, child care and work-life balance as we know it.


Read more...

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS