January 9, 2019 – Oak Point Partners acquired the remnant assets of the Ballenger Construction Company Liquidating Trust (Ballenger Construction) in January 2019. On December 7, 2012, Ballenger Construction filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, assigned Case No. 12-20645. Thereafter, the Court entered an order confirming the Second Amended Chapter 11 Plan of Reorganization, pursuant to which the Trust was created and the Liquidating Trustee was appointed and vested with the power and duty to administer the assets of the Debtor.
About Ballenger Construction Company
Founded in 1937, Ballenger Construction became an industry leader in the construction of roads, streets, highways, bridges and drainage projects throughout South Texas.
Ballenger Construction also operated under several trade names including Ballenger Construction Company and South Texas Trucking.
The former headquarters of Ballenger Construction was located in Harlingen, TX. The company also had a corporate address in Corpus Christi, TX.