On July 20, 2015, an order regarding the disclosure statement with respect to 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 1105 and is described on the court’s official docket as follows:
Order (I) Approving the Disclosure Statement; (II) Establishing Voting Record Date; (III) Approving Solicitation Packages and Distribution Procedures; (IV) Approving Form of Ballots and Establishing Procedures for Voting on Joint Plan of Liquidation; (V) Approving Forms of Notices to Non-Voting Classes Under Plan; (VI) Establishing Voting Deadline to Accept or Reject Plan; (VII) Approving Procedures for Vote Tabulations; and (VIII) Establishing Confirmation Hearing Date and Notice and Objection Procedures Thereof (Related Doc # ). Order Signed on 7/20/2015. (Attachments: # (1) Exhibit 1 (Part 1 of 3) # (2) Exhibit 1 (Part 2 of 3) # (3) Exhibit 1 (Part 3 of 3)) (NAL)
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.