Oak Point Partners, Inc. acquired the remnant assets of the Powermate Holding Corp., et al., Bankruptcy Estate in April 2014.
On March 17, 2008, Powermate Holding Corp. and its related entities (“Powermate”) filed a chapter 11 petition in the United States Bankruptcy Court for the District of Delaware, assigned case No. 08-10498. A Plan of Liquidation was confirmed and a Plan Administrator was appointed to oversee the estate. Oak Point Partners, Inc. acquired the remnant assets of the Powermate Holding Corp., et al., Bankruptcy Estate in April 2014.
Powermate manufactured portable and standby generators, air compressors, and pressure washers.
Powermate also operated as Powermate Corporation and Powermate International.
The former headquarters of Powermate was located in Aurora, IL.
Funds or Proceeds owed to Powermate Holding Corp.
Inquiries regarding overpayments, refunds, unclaimed or undeliverable funds or proceeds owed to Powermate Holding Corp, Powermate Corporation, or Powermate International may be directed to Oak Point Partners at:
Oak Point Partners, Inc.
P.O. Box 1033
Northbrook, IL 60065-1033
For questions or additional information please contact Janice Alwin at 847-577-1374. Requests for reasonable referral or finder fees will be considered.
Please note that Oak Point did not acquire books and records. We are unable to assist with claim, warranty or product inquiries.
We have no information about retirement or other employee benefit plans (e.g., profit sharing or pension plans). Information may be available at the U.S. Department of Labor Employee Benefits Security Administration (866-444-3272) or Pension Benefit Guaranty Corporation (800-400-7242).
About Oak Point Partners
Oak Point Partners is a private investment firm specializing in the purchase of remnant assets. Oak Point Partners has completed purchases of the remaining known and unknown assets in hundreds of Chapter 11 and Chapter 7 bankruptcy cases. Purchases include assets of Git-N-Go, LTV Steel Company, and Rockaway Bedding. Click here for a listing of Oak Point owned estates.
The information contained in this website is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability with respect to the information contained or services offered on the website for any purpose.