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Oak Point Partners, LLC acquires remnant assets of the BearingPoint, Inc. Liquidating Trust

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December 5, 2018 – Oak Point Partners acquired the remnant assets of the BearingPoint, Inc. Liquidating Trust (BearingPoint) in December 2018. On February 18, 2009, BearingPoint and its debtor affiliates each filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York, jointly administered under Case No. 09-10691. Thereafter, the Court entered an order confirming the Debtors’ Modified Second Amended Joint Plan under Chapter 11 of the Bankruptcy Code, pursuant to which the Trust was created and a Liquidating Trustee was appointed and vested with the power and duty to administer the assets of the Debtors.

About BearingPoint, Inc.

BearingPoint was one of the world’s leading providers of management and technology consulting services. The company began as the consulting arm of KPMG LLP. At the time of its bankruptcy filing, the company had 15,000 employees and operated in 60 countries.

BearingPoint also operated under several trade names including KPMG Consulting, Inc. and Softline Acquisition Corp.

The former headquarters of BearingPoint was located in McLean, VA. The company also had a corporate address in Foxboro, MA.

The post Oak Point Partners, LLC acquires remnant assets of the BearingPoint, Inc. Liquidating Trust appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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