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Oak Point Partners, LLC acquires remnant assets of the ZB Company, Inc. Bankruptcy Estate

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January 2, 2019 – Oak Point Partners acquired the remnant assets of the ZB Company, Inc. Bankruptcy Estate (ZB Company) in December 2018. On December 4, 2003, ZB Company and its debtor affiliates each filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware, jointly administered under Case No. 03-13672. Thereafter, the Court entered an order confirming the Debtors’ and Creditors Committee’s Second Amended Joint Plan of Liquidation under Chapter 11 of the Bankruptcy Code, pursuant to which a liquidation trust was created. The case was then closed, reopened, and converted to one under chapter 7 and a trustee was appointed to liquidate the remaining assets of the estates.

About ZB Company, Inc.

ZB Company was a specialty retailer of developmental, educational and care products for infants and children, and toys, games, books, and multimedia products for children up to the age of 12.

ZB Company also operated under several trade names including FAO Schwarz and Zany Brainy.

The former headquarters of ZB Company was located in King of Prussia, PA. The company also had corporate addresses in Wayne, PA, Wynnewood, PA, and New York, NY.

The post Oak Point Partners, LLC acquires remnant assets of the ZB Company, Inc. Bankruptcy Estate appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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