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:

Sale Documents

Sale Order

Bidding Procedures Order

Sale Notice

Assumption Notice

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:

Real Property Sale Documents

Real Property Bidding Procedures Order


Dates

December 1 2015 Effective Date of the Plan _________ Notice of Effe... Add to Calendar
+ SHOW ALL DATES
May 11 2014 __
May 13 2014 12:00 PM(ET)
June 6 2014 10:30 AM(ET)
Second Day Hearing First Day Motions Add to Calendar
June 6 2014 1:00 PM(ET)
July 8 2014 10:30 AM(ET)
July 23 2014 10:30 AM(ET)
August 6 2014 11:30 AM(ET)
August 20 2014 10:00 AM(ET)
August 25 2014 3:00 PM(ET)
September 30 2014 4:00 PM (ET)
November 7 2014 4:00 PM(ET)
November 13 2014 10:00 AM(CT)
November 18 2014 2:00 PM(ET)
March 30 2015 2:00 PM(ET)
April 22 2015 11:30 A.M.(ET)
May 20 2015 10:30 A.M.(ET)
June 19 2015 4:00 PM (ET)
June 23 2015 4:00 P.M. (ET)
July 15 2015 3:00 PM (ET)
July 22 2015 10:30 AM (ET)
August 27 2015 4:00 P.M. (ET)
September 3 2015 10:30 AM (ET)
September 3 2015 10:30 AM (ET)
October 8 2015 12:30 PM (ET)
December 1 2015 __
December 31 2015 4:00 PM (ET)
March 1 2016 11:30 AM (ET)
April 26 2016 2:00 PM (ET)
May 26 2016 3:00 PM (ET)
July 7 2016 2:00 PM (ET)
August 3 2016 4:00 PM (ET)

Parties

Debtors' Counsel

  • 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.

  • 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

  • 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.

  • 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

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