Zachry Holdings, Inc.

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Case overview

Case Number:

4:24-bk-90377

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

January 09, 2025
Ex-LNG Contractor Zachry Settles WARN Act Suit For $7M

Zachry Holdings Inc., the insolvent former general contractor for a major liquefied natural gas project, will pay $7 million to settle a WARN Act lawsuit that was launched after the company laid off more than 4,000 workers, with a Texas federal judge agreeing Thursday that the deal provided fair treatment for plaintiffs.
October 30, 2024
Ex-LNG Contractor Not Entitled To Insurance Proceeds

A Texas bankruptcy judge has told a former contractor at a liquid natural gas facility project it is not entitled to insurance recoveries or fund distributions from the joint venture it entered Chapter 11 to exit.
August 21, 2024
Ex-LNG Contractor Seeks Share Of Funds, Insurance In Ch. 11

Zachry Holdings Inc., the former contractor for a Texas natural gas plant, asked a bankruptcy judge in the state to decide it is due a bit under $2 million from an account shared with its onetime partners and over 70% of insurance recoveries until it is compensated for repair work it carried out.
August 12, 2024
LNG Contractor's Ch. 11 Settlement Gets Final OK

A Texas bankruptcy judge on Monday gave final approval to a settlement in which Zachry Industrial will exit a project to build a liquefied natural gas facility co-owned by ExxonMobil and QatarEnergy, congratulating the parties on having found a consensual resolution to a complex matter.
July 29, 2024
J&J Ch. 11 Tossed, Steward Gets Subpoena, Zachry Settles

The Third Circuit threw out Johnson & Johnson's second attempt to use bankruptcy to deal with mass talc litigation, Red Lobster won court approval to solicit votes on its Chapter 11 plan, and a Senate committee voted to approve an investigation into bankrupt Steward Health Care and subpoena its chief executive officer. This is the week in bankruptcy.
July 24, 2024
Exxon, QatarEnergy Can Boot LNG Contractor In Ch. 11 Deal

A Texas bankruptcy judge on Wednesday approved a settlement in which Zachry Industrial, the general contractor hired to build a liquefied natural gas facility co-owned by ExxonMobil and QatarEnergy, will exit the project, resolving its dispute with the owners and other contractors.
May 28, 2024
FTX Attys Cleared, Alex Jones' Reckoning, Modell's Deal

A report found that FTX counsel Sullivan & Cromwell was not involved in the pre-bankruptcy fraud at the cryptocurrency exchange, Alex Jones and his InfoWars podcast business are facing a June 15 deadline for progress in their Chapter 11 cases, and a former bankruptcy judge was accused of trying to force a false narrative tied to his romantic relationship with an attorney.
May 22, 2024
Exxon Contractor Offered June 1 Ch. 11 Mediation Start Day

A Texas bankruptcy judge on Wednesday told the general contractor for a liquefied natural gas project co-owned by Exxon Mobil Corp. and QatarEnergy that its Chapter 11 case could go before another judge it had requested for mediation at the start of June, if that satisfied all involved.
May 21, 2024
Contractor For Exxon, QatarEnergy LNG Venture Hits Ch. 11

The general contractor for a liquefied natural gas project co-owned by Exxon Mobil Corp. and QatarEnergy filed for Chapter 11 protection in Texas bankruptcy court Tuesday with more than $1 billion of debt, saying it intends to use the court process to back out of the Texas venture.