Universal Cooperatives, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Pay Claims Of Vendors

On June 17, 2014, an order regarding the motion for authority to pay claims of vendors was filed in the bankruptcy case of Universal Cooperatives, Inc. and its affiliates.

The filing was assigned docket number 161 and is described on the court’s official docket as follows:

Order (FINAL) (A) Authorizing Debtors’ Payment Of Certain Preppetition Warehousing, Shipping And Delivery Charges And (II) Mechanic’s Lien Charges And (B) Authorizing Banks And Financial Institutions To Honor And Process Checks And Transfers Related To Such Obligations. (related document(s)[78], [135]) Order Signed on 6/17/2014. (BJM)

Universal Cooperatives, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on May 11, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 14-11187. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Foley & Lardner LLP is acting as lead bankruptcy counsel to Universal Cooperatives, Inc. in the bankruptcy case.

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