Universal Cooperatives, Inc.
Case No. 14-11187
Case Background
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.
Plan and Disclosure Statement Documents
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
Asset Sale
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:
Dates
Parties
Debtors' Counsel
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Foley & Lardner LLP
321 North Clark Street
Suite 2800
Chicago, IL 60654-5313
http://www.foley.com
Phone: 312.832.4500
Fax: 312.832.4700
Mark L. Prager, Esq.
Michael J. Small, Esq.
Emil P. Khatchatourian, Esq.
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Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
http://www.youngconaway.com/
Phone: 302.571.6600
Fax: 302.571.1253
Robert S. Brady, Esq.
Andrew L. Magaziner, Esq.
Travis G. Buchanan, Esq.
Counsel to Creditors' Committee
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Lowenstein Sandler LLP
65 Livingston Avenue
Roseland, NJ 07068
http://www.lowenstein.com
Phone: 973.597.2500
Fax: 973-597-2400
Sharon Levine, Esq.
Timothy R. Wheeler, Esq.
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VENABLE LLP
1201 North Market Street, Suite 1400
Wilmington, DE 19899
http://www.venable.com
Phone: 302.298.3535
Fax: 302.298.3550
Jamie L. Edmonson, Esq.
Daniel A. O’Brien, Esq.
United States Trustee and Court Information
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Office of the United States Trustee
844 King Street, Suite 2207
Wilmington, DE 19801
http://www.justice.gov/ust/r03/wilmington/index.htm
Phone: 302.573.6491
Fax: 302.573.6497
Benjamin Hackman, Esq.
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United States Bankruptcy Court
District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE 19801
http://www.deb.uscourts.gov/
Phone: 302.252.2900
Debtors
| Case Number | Debtor Name | Petition Date |
|---|---|---|
| Case Number 14-11187 | Debtor Name Universal Cooperatives, Inc. | Petition Date May 11, 2014 |
| Case Number 14-11186 | Debtor Name Heritage Trading Company, LLC | Petition Date May 11, 2014 |
| Case Number 14-11188 | Debtor Name Bridon Cordage LLC | Petition Date May 11, 2014 |
| Case Number 14-11189 | Debtor Name Universal Crop Protection Alliance, LLC | Petition Date May 11, 2014 |
| Case Number 14-11190 | Debtor Name Agrilon International, LLC | Petition Date May 11, 2014 |
| Case Number 14-11191 | Debtor Name Pavalon, Inc. | Petition Date May 11, 2014 |