Company Seeks Protection via U.S. Chapter 11 Process to Preserve Value for Stakeholders While it Appeals an Error-Ridden Judgment

Morristown, New Jersey, December 22, 2024 – CCA Construction, Inc. (“CCA” or the “Company”) today announced it has taken strategic actions to protect its interests and those of its stakeholders following the New York State Supreme Court’s erroneous decision in the Baha Mar resort dispute with BML Properties. The actions are designed to preserve CCA’s pursuit of its appeal of the Court’s flawed analysis and to protect the interests of CCA’s stakeholders during the appeals process.

CCA parent company CSCEC moved up five spots to No. 9 on this year’s Fortune Global 500 list published Aug. 3.

Built by Plaza Construction, 11 Hoyt won a Gold Award in the 2022 ACEC New York Engineering Excellence Awards for structural systems.

Plaza Construction relaunched its Luxury Homes Division recently to meet the increasing demand from the luxury single-family home and condominium market. Bringing best-in-class services to the luxury single-family home market in Miami, Fl and beyond, the division will include a concierge of specialized and experienced industry professionals familiar with working alongside first-class archi-tects and designers.

CCA ranked No. 54 on the Engineering News-Record (ENR) 2021 Top 100 Green Building Contractors list — measured by contracting revenue from projects registered with or certified by third-party rating organization under objective sustainable-design standards. This is the fourth consecutive year CCA has ranked on the list since it submitted its first nomination in 2018.

For the sixth consecutive year, CCA's parent company, CSCEC, ranked No. 1 on Engineering News-Record (ENR)’s Top 250 Global Contractors, with worldwide construction contracting revenue of $195.66 billion.

CSCEC, CCA’s parent company, ranked third on the prominent 2021 Fortune China 500 list for the ninth consecutive year.

Margaritaville Beach Resort and Fins Up! Water Park at THE POINTE received their certificates of occupancy (COs) from the Bahamas Ministry of Public Works on July 7, 2021.

With the exterior work of the South Street Seaport District’s landmark Tin Building in New York City nearing completion, the project was featured in New York YIMBY, an online publication covering the region’s evolving architecture, construction and real estate industry.