Oak Point Partners, Inc. acquired the remnant assets of the PSL Liquidating Trust (PSL) in August 2017.
On June 16, 2014, PSL – North America and PSL USA, Inc. (collectively, “Debtors”) each filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware, jointly administered under Case No. 14-11477. On January 12, 2016, the Court entered an order confirming the Debtors’ Joint Plan of Liquidation under Chapter 11 of the Bankruptcy Code, pursuant to which the Trustee was appointed to administer the remaining assets of the trust. Oak Point Partners, Inc. acquired the remnant assets of the PSL Liquidating Trust in August 2017.
PSL was a manufacturer and coater of large diameter steel pipe.
PSL operated as PSL-North America LLC and PSL USA, Inc.
The former headquarters of PSL was located in Bay St. Louis, MS.
Funds or Proceeds owed to PSL-North America LLC
Inquiries regarding overpayments, refunds, unclaimed or undeliverable funds or proceeds owed to PSL-North America LLC or PSL USA, Inc. 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 for discovered remnant assets 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 Vectrix LLC, Wave2Wave Communications, Inc., and Wyldfire Energy, Inc.Click here for a listing of Oak Point owned estates.
The information contained in this website is for general information purposes only and should not be relied upon without further inquiry or diligence. 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.