August 25, 2016 – Oak Point Partners acquired the remnant assets of the NWL Holdings, Inc. (National Wholesale Liquidators) Bankruptcy Estate in August 2016. On November 10, 2008, National Wholesale Liquidators filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the District of Delaware, under Case No. 08-12847. Thereafter, the case was converted to chapter 7, and a trustee was appointed to liquidate the remaining assets of the estate.
About NWL Holdings, Inc. (National Wholesale Liquidators)
Founded in 1984, National Wholesale Liquidators was a general merchandise discount-retailer located in the Eastern and Midwestern parts of the United States. The company sold everyday household items, appliances, and furniture at discount prices. At its peak, the company operated 50 stores in 13 states and employed over 1,900 people.
The former headquarters of National Wholesale Liquidators was located in West Hempstead, NY.
Related Entities: 632 Broadway Variety Store, Inc., Black & Sage, National Wholesale Liquidators, Inc., National Wholesale RX, Inc., The Household Warehouse