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Oak Point Partners, LLC acquires remnant assets of the Waterford Wedgwood USA, Inc., et al. bankruptcy estate

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November 10, 2017 – Oak Point Partners acquired the remnant assets of the Waterford Wedgwood USA, Inc., et al. Bankruptcy Estates (Waterford Wedgwood) in November 2017. Between April 23, 2009 and April 27, 2009, Waterford Wedgwood and its affiliates filed voluntary petitions under chapter 7 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York, jointly administered under Case No. 09-12512. Thereafter, a trustee was appointed to liquidate the remaining assets of the estates.

About Waterford Wedgwood USA, Inc.

Waterford Wedgewood was the US unit of the Irish parent company, Waterford Wedgwood PLC, which had over 250 years of history. Waterford Crystal and Wedgwood merged in 1987 to form Waterford Wedgwood. The company designed, manufactured, and marketed crystal, ceramics (including china and fine porcelain), and cookware. High manufacturing costs, declining demand for crystal and ceramic goods, and a weak dollar were said to be a few of the reasons for the company’s filing for bankruptcy.

Waterford Wedgwood also operated as FCI Properties, Inc., Kilbarry, Inc., Royal Doulton USA, Inc., Waterford Crystal, Inc., and Waterford Wedgwood, Inc.

The former headquarters of Waterford Wedgwood was located in Wall, NJ.

Related Entities: FCI Properties, Inc., Kilbarry, Inc., Royal Doulton USA, Inc., Waterford Crystal, Inc., Waterford Wedgwood, Inc.

Waterford Wedgwood (09-12512) – OPP Sale Order (dkt 564)

The post Oak Point Partners, LLC acquires remnant assets of the Waterford Wedgwood USA, Inc., et al. bankruptcy estate appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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