Williams is now in post-plan liquidation mode, with the Williams Creditor Trust administering remaining claim disputes and omnibus hearings rather than operating a going-concern restructuring. The case began on July 22, 2023, when Williams Industrial Services Group and affiliates filed chapter 11 after liquidity pressure, lost contracts, inflationary cost pressure, labor constraints, and a funded-debt stack that included a PNC revolver and EICF term loan obligations; the first-day declaration framed the filing around a proposed section 363 sale to Energy Solutions or a better auction result, followed by cleanup of residual assets and liabilities under the Bankruptcy Code First Day DeclarationDkt. 2.
The case later shifted into a liquidation plan construct. The plan supplement attached the cash-collateral agreement, liquidation analysis, and creditor trust agreement, with the analysis projecting modest general unsecured recoveries and the trust structure designed to receive remaining assets, resolve claims, and distribute proceeds under creditor-trust governance Plan SupplementDkt. 1101. The first amended combined plan then formalized that path: seven classes, impaired voting classes for term-lender secured claims and general unsecured claims, automatic rejection of unassumed contracts, and a creditor trust led by Edward T. Gavin to liquidate assets, resolve claims, maintain reserves, and make distributions First Amended Combined Plan of LiquidationDkt. 1124.
The live docket is now focused on claims administration. The April 22 and May 20, 2026 hearings were cancelled or continued because no matters were going forward on those dates, while remaining contested omnibus-claim matters were carried to June 17, 2026, including unresolved objections involving taxing authorities, labor and benefit funds, insurers, and selected trade claimants . The court has set the next omnibus-hearing cadence for June 17, July 29, and August 26, 2026, giving the trust a scheduled path to keep resolving claims and moving the liquidation estate toward distributions .