Oak Point Partners acquired the remnant assets of the Axion Creditors’ Settlement Trust (Axion) in December 2017.
On December 2, 2015, Axion and its affiliates filed voluntary petitions under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware, jointly administered under Case No. 15-12415. On May 9, 2016, the Court entered an order confirming the Debtors’ Joint Plan of Liquidation; and pursuant to the Plan, the Trust was created. Thereafter, a settlement trustee was appointed to administer the remaining assets of the trust. Oak Point Partners acquired the remnant assets of the Axion Creditors’ Settlement Trust in December 2017.
Axion manufactured, marketed, and sold structural products and building materials with an emphasis on railroad ties and construction mats.
Axion also operated as Analytical Surveys, Inc., Axion International Holdings, Inc., and Axion Recycled Plastics, Incorporated.
The former headquarters of Axion was located in Zanesville, OH. The company also had a corporate address in Waco, TX.
Funds or Proceeds owed to Axion International, Inc.
Inquiries regarding overpayments, refunds, unclaimed or undeliverable funds or proceeds owed to Axion International, Inc., Analytical Surveys, Inc., Axion International Holdings, Inc., or Axion Recycled Plastics Incorporated 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 Cliffs Club & Hospitality Group, Inc., Mason Coppell OP, LLC, and ThinkEquity, LLC. 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.