The Chapter 11 case of CCA Construction, Inc. is closed, with the U.S. Bankruptcy Court for the District of New Jersey entering a Final DecreeDkt. 774 on May 26, 2026 — roughly four months after confirmation and less than eighteen months after the petition — finding the estate fully administered, discharging any trustee, and directing distribution of the remaining plan deposits.
The filing was driven by litigation rather than operational distress. On October 31, 2024, a New York state court entered a $1,642,598,493.15 judgment against CCA and two non-debtor affiliates in the BML Properties Ltd. v. China Construction America litigation stemming from the Baha Mar resort project in the Bahamas, where BMLP had sought to recover approximately $830 million invested before the project's financing collapsed. The Declaration of Yan WeiDkt. 11 explains that although the debtors believed they had strong grounds for appeal, they could not post the supersedeas bond required to stay enforcement, prompting the Voluntary PetitionDkt. 1 on December 22, 2024 to preserve and continue prosecuting the New York appeal. CCA — a Morristown, New Jersey-based shared-services and construction-management subsidiary of China State Construction Engineering Corporation (CSCEC) — reported approximately $98.6 million in total assets at filing against a claims docket dominated by the unsecured BML judgment, alongside roughly $124.8 million in prepetition CSCEC Holding intercompany loans.
The case moved quickly toward a consensual restructuring. A disclosure statement and plan were filed in early January 2026, refined through technical modifications and an amended plan supplement in early February, and the court confirmed the plan on February 11, 2026, with an effective date of February 13, 2026. The in support of first-day pleadings had framed the debtor's objective as continuing the appeal while confirming a plan funded by settlement proceeds, and the expedited confirmation track reflected that design.
Wind-down is now substantially complete. The Post-Confirmation ReportDkt. 773 for the quarter ending March 31, 2026 reported aggregate cash disbursements of approximately $4.0 million, with general unsecured claims paid 100% and administrative claims paid 97% of allowed amounts, while cumulative professional fees since the effective date reached roughly $19.4 million across the Debtor's co-counsel and financial advisors. With the final decree entered and notice served, the BNC Certificate of NoticeDkt. 776 closes the administrative record on the case.
