The court corrected MCM's confirmation record on January 16, vacating an amended confirmation/disclosure-statement order entered in error and leaving the original order confirming the Third Amended Chapter 11 Plan in full force source filing. The underlying case began when Magnum Construction Management, LLC, formerly Munilla Construction Management, filed Chapter 11 on March 1, 2019 after the Florida International University pedestrian bridge collapse; the South Miami heavy-civil contractor entered bankruptcy with 292 employees, $296.8 million of 2017 revenue, $126.7 million of 2018 revenue, and pending wrongful-death and personal-injury exposure source filing.

The capital stack centered on Bank of America, Travelers, and Berkshire Hathaway Specialty Insurance: prepetition surety financing totaled $17.8 million from Travelers and $4.1 million from BHSI, while scheduled claims included about $24.8 million secured, $73,398 priority unsecured, and $22.6 million general unsecured claims excluding contingent and unliquidated claims source filing. The confirmed plan preserves Bank of America's collateral waterfall, treats Travelers and BHSI through surety/DIP and equity-conversion mechanics, pays general unsecured creditors pro rata from a Class 6 fund without interest, and establishes a Bridge Collapse Bodily Injury Claims Trust funded by insurance-policy limits and second-settlement proceeds source filing. The original confirmation order also approved the disclosure statement, insurance settlement, second settlement, releases, injunctions, and bar orders, and the plan became effective December 31, 2019 source filing source filing.