Headed by CEO Zoe Price, the firm entered the equivalent of bankruptcy Sept. 20, marking the largest failure of a U.K. contractor in six years.

In bankruptcy protection filings linked to “structured exit” from estimated $10B Golden Pass LNG export terminal, contractor airs details of cost squeeze and bad blood, and

The city's lawsuit, seeking $20 million plus damages, is part of bankruptcy proceedings for GT Real Estate Holdings, the project owner.

The purchase adds to the buyer's architecture and engineering range while providing funds for EYP employee-shareholders.

The Albany, N.Y-based company owes millions to creditors, including numerous staff and retirees.