Zachry Holdings is in post-confirmation implementation following confirmation of its joint Chapter 11 plan in February 2025, with the case centered on completing the separation from the Golden Pass LNG project and reorganizing the remaining enterprise. The company entered Chapter 11 on May 21, 2024, after the Golden Pass project’s cost and payment disputes strained liquidity: its first-day declaration describes a fixed-price EPC engagement affected by project conditions, pandemic and supply-chain disruption, direct vendor payments, and the cessation of progress payments, followed by default notices and unsuccessful negotiations first-day declarationDkt. 7.