Universal Cooperatives, Inc. Bankruptcy New Filing Alert: Motion For An Extension Of The Debtors’ Exclusive Periods To File And Solicit Votes On A Plan Of Reorganization Or Liquidation

On November 25, 2014, a motion for an extension of the debtors’ exclusive periods to file and solicit votes on a plan of reorganization or liquidation was filed in the bankruptcy case of Universal Cooperatives, Inc. and its affiliates.

The filing was assigned docket number 658 and is described on the court’s official docket as follows:

Second Motion to Extend Exclusivity Period for Filing a Chapter 11 Plan and Disclosure Statement Filed by Universal Cooperatives, Inc.. Hearing scheduled for 12/18/2014 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 12/9/2014. (Attachments: # (1) Notice of Motion # (2) Exhibit A (Proposed Order)) (Magaziner, Andrew)

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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