Williams Industrial secures 90-day extension of exclusive plan periods

By Sarah Lizee

Olympia, Wash., Dec. 8 – Williams Industrial Services Group Inc. secured a 90-day extension of its exclusive periods to file and solicit votes on a Chapter 11 plan, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, the court extended the exclusive plan filing period through Feb. 20 and the exclusive solicitation period through April 17.

“The debtors have been operating under the protection of Chapter 11 for approximately four months, and during this short period of time have made significant and material progress in administering these Chapter 11 cases,” the company said in the motion.

“The extension requested in this motion will provide the debtors and their advisors the opportunity to negotiate, confirm, and implement the terms of a Chapter 11 plan for the distribution of assets to creditors.”

Atlanta-based Williams Industrial Services is a provider of infrastructure related services to blue-chip customers in energy and industrial end markets. The company filed bankruptcy on July 20 under Chapter 11 case number 23-10961.

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