Yellow Cab Co-op, San Francisco’s largest taxi fleet with more than 500 cabs, said that it is considering filing for chapter 11 bankruptcy, the San Francisco Chronicle reported today. The move comes six months after a San Francisco Superior Court jury found Yellow Cab liable for an $8 million award to a passenger who suffered brain injury and partial paralysis in a Yellow Cab vehicle. Organized as an owner co-operative, Yellow Cab told its 300 members in November that the move might be necessary.
