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Oak Point Partners, LLC acquires remnant assets of Laclede Steel Company

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December 12, 2018 – Oak Point Partners acquired the remnant assets of Laclede Steel Company in December 2018. On July 27, 2001, Laclede Steel filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Missouri, assigned Case No. 01-48321. Thereafter, on May 19, 2005, the Court confirmed a Plan of Liquidation, which appointed the Official Plan Committee, charged with winding down the estate for the benefit of creditors.

About Laclede Steel Company

Founded in 1911, Laclede steel manufactured a wide range of carbon and alloy steel products, including pipe and tubular, hot rolled, and wire products. After the conclusion of the Second World War, Laclede prospered in the rise of steel consumption.

Laclede Steel also operated under the trade name Laclede Mid America, Inc.

The former headquarters of Laclede Steel was located in St. Louis, MO.

The post Oak Point Partners, LLC acquires remnant assets of Laclede Steel Company appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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