SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------
FORM 8-K
CURRENT REPORT
Pursuant to section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: December 9, 1996
ELSINORE CORPORATION
(Exact name of registrant as specified in its charter)
STATE OF NEVADA 1-7831 88 0117544
(State or other (Commission File (IRS Employer
jurisdiction) Number) of Incorporation
Identification No.)
202 Fremont Street 89101
Las Vegas, Nevada (Zip Code)
(Address of principal
executive offices)
Registrant's telephone, including area code: (702) 385-4011
Item 5. Other Events.
On December 9, 1996, Elsinore Corporation issued a
press release, attached hereto as an exhibit, announcing
that in connection with the Chapter 11 proceedings of
Elsinore and a number of its subsidiaries pending in the
U.S. Bankruptcy Court for the District of Nevada (the
"Bankruptcy Court"), that the date by which its confirmed
plan of reorganization must be effective has been extended
by Bankruptcy Court order until March 31, 1997.
Item 7. Financial Statements and Exhibits
Exhibit No. Description
99 Press Release of the Company dated
December 9, 1996.
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SIGNATURES:
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this
Current Report on Form 8-K to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: December 9, 1996
ELSINORE CORPORATION
By: /s/ Thomas E. Martin
THOMAS E. MARTIN
President and Chief Executive Officer
By: /s/ Brent E. Duncan
BRENT E. DUNCAN
Secretary and Treasurer
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EXHIBIT 99
News Bulletin from FRB, Inc.
Re: Elsinore Corporation
From 202 Fremont Street
The Financial Relations Board, Inc. Las Vegas, NV 89101
Traded: ASE\PSE (ELS)
FOR FURTHER INFORMATION:
AT THE COMPANY: AT THE FINANCIAL RELATIONS BOARD:
Thomas E. Martin Daniel Saks
Chief Executive Officer GENERAL INFO
702 387-5110 310 442 0599
FOR IMMEDIATE RELEASE
Monday, December 9, 1996
ELSINORE CORPORATION EFFECTIVE DATE EXTENDED TO MARCH 31, 1997
LAS VEGAS, Nevada, December 9, 1996...Elsinore Corporation
(ASE/PSE:ELS) today announced in connection with the Chapter 11
proceedings of Elsinore and a number of its subsidiaries pending in the
U.S. Bankruptcy Court for the District of Nevada (the "Bankruptcy
Court"), that the date by which its confirmed plan of reorganization
must be effective has been extended by Bankruptcy Court order until
March 31, 1997. As originally confirmed, the company's plan of
reorganization was to be fully effective on or before December 31, 1996.
The Bankruptcy Court's order was entered in response to a motion made by
the State of Nevada Gaming Authority, and supported by the company, its
subsidiaries and the informal committee of bondholders as proponents of
the plan of reorganization. The Nevada Gaming authority sought, and
received by way of the extension of the effective date, additional time
to complete its investigation and licensing of the reorganized company's
new controlling shareholder, four new members of the reorganized
company's Board of Directors and the replacement managers of the
reorganized company, all as contemplated by the plan or reorganization.
The company expects that the plan of reorganization will be fully
effective on or before March 31, 1997. However, there can be no
assurance that the required conditions for full effectiveness of the
plan of reorganization will be satisfied by such date or that any
further extensions of the plan effective date that may be required will
be granted by the Bankruptcy Court.
Trading in Elsinore's common stock continues to be halted by the
American Stock Exchange and by the Pacific Stock Exchange. As
previously reported, the American Stock Exchange and Pacific Stock
Exchange intend to review the company's continued listing eligibility
concurrently with it progress in the Chapter 11 proceedings. There can
be no assurance that the listings on the American Stock Exchange and the
Pacific Stock Exchange will be continued.
Elsinore Corporation owns and operates the Four Queens, a downtown Las
Vegas Hotel and Casino offering 690 rooms, meetings facilities, four
restaurants, over 1,000 slot machines, and numerous blackjack, craps,
and other table games.
For information on Elsinore Corporation via facsimile at no cost, simply
call 1-800-PR0-INFO and dial company code 177.
