Williams Industrial Services Group Inc. and 13 affiliates filed Chapter 11 in Delaware on July 22, 2023, after contract losses, fixed-price project overruns, labor pressure and working-capital gaps left the Atlanta-based industrial services contractor unable to refinance or raise new equity. The company reported about 839 employees, operations serving nuclear, fossil-fuel, hydroelectric, pulp-and-paper, and water/wastewater customers, and prepetition debt including $15.7 million outstanding to PNC, $35.6 million under the term loan facility, $850,000 of Wynnefield subordinated notes, and $15.8 million of surety bond exposure source filing.
The opening strategy was a section 363 sale anchored by Energy Solutions Inc., which offered $60 million plus assumed liabilities, supported by requested DIP financing of a $19.5 million term loan and up to a $12 million PNC revolving facility source filing. The case later converted into a liquidation track: the court confirmed the first amended combined plan on December 20, 2024, the plan became effective January 2, 2025, and the Williams Creditor Trust took over post-effective claims administration and distributions source filing. The latest April 2026 agenda is claims cleanup, not a new case-defining event: unresolved omnibus-objection items were continued to May 20, 2026, with May 13 objection deadlines for selected claimants source filing.
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