Withheld Customer Payment Puts Pipeline Builder In Ch. 11

By Vince Sullivan (October 22, 2018, 10:10 PM EDT) -- An Ohio pipeline builder hit Chapter 11 Monday in Delaware after one of its largest customers withheld a $23 million payment this month and filed a lawsuit alleging that the company breached its contract, it said, putting an immediate strain on its near-term liquidity and creating concern among its remaining customers.

In its initial bankruptcy filings, Welded Construction LP said that it recently completed work on a portion of the Atlantic Sunrise pipeline for an affiliate of The Williams Companies, but that the customer refused to make the $23 million payment on Oct. 4 and instead filed a lawsuit in Texas...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!