ENGlobal Corporation is a Houston-based publicly traded Nevada corporation providing vertically-integrated engineering, procurement, construction management, and automation services primarily to the energy industry, serving downstream refineries, petrochemical facilities, midstream pipeline companies, renewable energy facilities, and U.S. Government agencies through subsidiaries ENGlobal U.S., Inc., ENGlobal Government Services, Inc., and ENGlobal Technologies LLC. The company filed for Chapter 11 protection on March 5, 2025 in Texas Southern (Case No. 25-90083) after significant fixed operating costs, growing liquidity issues, a November 2024 ransomware attack, Nasdaq delisting, failed merger negotiations, and inability to make payroll without bridge financing. At filing, the company carried approximately $2.85 million in prepetition secured debt — including a priming bridge loan from Gulf Island Fabrication, Inc. (GIFI) and a credit agreement with Alliance 2000, LTD. — plus approximately $5.79 million in unsecured trade debt. The Debtors obtained a $2.5 million DIP facility from Gulf Island Fabrication ($2.1 million new money, $400,000 roll-up) at 12% interest. Substantially all assets were sold to Gulf Island Automation & Infrastructure, LLC via credit bid ($8.5M total consideration) in a bifurcated 363 sale, with the sale order entered April 25, 2025. The Joint Chapter 11 Liquidating Plan was confirmed on June 13, 2025, with an effective date of June 16, 2025 — 100 days petition to plan. A liquidating trust was established with John D. Baumgartner as Trustee to pursue retained causes of action and distribute proceeds to creditors.