CCA Construction, Inc., a Delaware holding company and U.S. subsidiary of China State Construction Engineering Corporation (CSCEC), the world's largest construction company, filed for Chapter 11 protection on December 22, 2024 in the District of New Jersey (Case No. 24-22548) before Judge Christine M. Gravelle. The filing was driven by a $1.6 billion fraud judgment in a New York state court Baha Mar resort dispute, with defendants unable to obtain a supersedeas bond required for appeal. At filing, the debtor carried $98.6 million in assets and $1.77 billion in liabilities. An insider $40 million DIP facility from CSCEC Holding was approved at 9.5% fixed interest (payable PIK or cash). A confidential settlement was approved and became effective in December 2025. A plan proposed reorganization with confirmation hearing scheduled February 11, 2026.