On May 11, 2014, Universal Cooperatives, Inc. and five affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Debtors' cases are pending before the Honorable Mary F. Walrath and are jointly administered under Case No. 14-11187.
Important Information & Dates
Plan and Disclosure Statement
On July 21, 2015, the Debtors and the Official Committee of Unsecured Creditors filed their Amended Chapter 11 Joint Plan of Liquidation and the Disclosure Statement related thereto. On July 20, the Bankruptcy Court entered an order approving the Disclosure Statement. On September 3, 2015, the Bankruptcy Court entered an order confirming the Plan. On December 1, 2015, the Effective Date of the Plan occurred and the Plan was consummated.
Bar Dates for Filing Proofs of Claim
The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:
- General Bar Date (all creditors other than Governmental Units): September 30, 2014
- Governmental Unit Bar Date: November 7, 2014
- Administrative Claims Bar Date (all claims arising from May 11, 2014 through and including April 30, 2015): June 19, 2015
- Supplemental Administrative Claims Bar Date (all claims arising from May 1, 2015 through and including December 1, 2015): December 31, 2015
Please refer to the Administrative Claims Bar Date Notice and Order linked on the right side of this page for more information regarding filing an administrative claim against the Debtors.
On July 8, 2014, the Debtors filed a motion to sell certain of their assets. On July 23, 2014, the Bankruptcy Court entered an order approving bidding procedures in connection with such sale. On August 26, 2014, the Bankruptcy Court entered an order approving the sale.
Click on the link below for the Sale Order, Bidding Procedures Order, the Sale Notice, the Assumption Notice and all other documents related to the Debtors' asset sale:
Eagan Real Property Asset Sale
On September 9, 2014, the Debtors filed a motion to sell the real property located at 1300 Corporate Center Curve, Eagan, MN 55121. On September 30, 2014, the Bankruptcy Court entered an order approving bidding procedures in connection with such sale. The auction for the real property was held at the property on November 13, 2014 at 10:00 a.m. (CT). A hearing to consider approval of the sale of the real property will be held on November 18, 2014 at 2:00 p.m. (ET).
Click on the link below for the Bidding Procedures Order and all other documents related to the real property sale:
Effective Date of the Pl...
First Day Hearing
Second Day Hearing
Section 341 Meeting of Creditors
Bidding Procedures Hearing
Bar Date - General Creditors
Bar Date - Governmental Units
Real Property Auction
Real Property Sale Hearing
Rescheduled Omnibus Hearing Date
Administrative Claims Bar Date
CANCELLED: Omnibus Hearing
Disclosure Statement Hearing
Effective Date of the Plan
Supplemental Administrative Claims Bar Date
Foley & Lardner LLP
321 North Clark Street
Chicago, IL 60654-5313
Mark L. Prager, Esq.
Michael J. Small, Esq.
Emil P. Khatchatourian, Esq.
Young Conaway Stargatt & Taylor, LLP
1000 North King Street
Wilmington, DE 19801
Robert S. Brady, Esq.
Andrew L. Magaziner, Esq.
Travis G. Buchanan, Esq.
Counsel to Creditors' Committee
Lowenstein Sandler LLP
65 Livingston Avenue
Roseland, NJ 07068
Sharon Levine, Esq.
Timothy R. Wheeler, Esq.
1201 North Market Street, Suite 1400
Wilmington, DE 19899
Jamie L. Edmonson, Esq.
Daniel A. O’Brien, Esq.
United States Trustee and Court Information
Office of the United States Trustee
844 King Street, Suite 2207
Wilmington, DE 19801
Benjamin Hackman, Esq.
United States Bankruptcy Court
District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE 19801
|14-11187||Universal Cooperatives, Inc.||May 11, 2014|
|14-11186||Heritage Trading Company, LLC||May 11, 2014|
|14-11188||Bridon Cordage LLC||May 11, 2014|
|14-11189||Universal Crop Protection Alliance, LLC||May 11, 2014|
|14-11190||Agrilon International, LLC||May 11, 2014|
|14-11191||Pavalon, Inc.||May 11, 2014|