SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 Or 15(D) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): August 18, 2000
GRAND COURT LIFESTYLES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-21249 22-3423087
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
250 North Military Trail, Suite 350, Boca Raton, Florida 33431
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (561) 997-0323
n/a
(Former name or address, if changed since last report)
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Item 5. Other Events
On March 20, 2000, Grand Court Lifestyles, Inc. (the "Company") filed a
petition for reorganization in the United States Bankruptcy Court, District of
New Jersey (the "Court") under Chapter 11 of the United States Bankruptcy Code.
On August 18, 2000, the Company submitted its Monthly Operating Report for
July, 2000 to the Court, a copy of which is attached hereto as Exhibit 99.1.
Exhibits, ledgers, and bank statement information attached to the Monthly
Operating Report may be obtained from the Court.
On August 21, 2000, the Court granted the Company's request to extend its
exclusive right to file a plan of reorganization through September 21, 2000.
While the Company intends to request further extensions of the exclusivity
period if necessary, there can be no assurance that the Bankruptcy Court will
grant such further extensions. If the exclusivity period were to expire or be
terminated, other interested parties, such as creditors of the Company, would
have the right to propose alternative plans of reorganization.
Item 7. Exhibits
99.1 Monthly Operating Report of the Company for June, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GRAND COURT LIFESTYLES, INC.
By: /s/ John Luciani
JOHN LUCIANI,
Chairman of the Board and Chief Executive Officer
Dated: August 22, 2000
