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 29, 1994
AMDURA Corporation
(Exact name of registrant as specified in its charter)
Delaware 1-5027 41-0121800
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
900 Main Street South, Suite 2A, Bldg. B
Southbury, CT 06488-0870
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (203)262-0570
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Item 5. Other Events.
On August 29, 1994, AMDURA Corporation (the "Company")
issued a press release regarding the issuance of an order by the
United States District Court for the District of Colorado. The
order involves the further stay, expected to be until September
12, 1994, of the District Court's recent order reversing the
Bankruptcy Court's 1991 confirmation of the Company's plan of
reorganization under Chapter 11 of the Bankruptcy Code. A copy
of the press release is filed as Exhibit 99 hereto.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits. The following exhibit is filed as part of
this Current Report on Form 8-K:
Description Exhibit No.
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Press Release of AMDURA Corporation 99
issued August 29, 1994
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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 thereunto duly authorized.
AMDURA CORPORATION
Date: August 30, 1994 By: /s/ C. David Bushley
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Title: Senior Vice President,
Finance and
Administration and Chief
Financial Officer
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<PAGE>
EXHIBIT INDEX
Exhibit No. Description Sequential Page No.
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99 Press Release of AMDURA 5
Corporation issued
August 29, 1994
- 4 -
Exhibit 99
FOR IMMEDIATE RELEASE:
SOUTHBURY, CONNECTICUT, August 29, 1994 -- Amdura Corporation
(NYSE:ADU) today announced that Judge John L. Kane, Jr. of the
United States District Court for the District of Colorado, has
stayed the implementation of the District Court's order, which
reversed the September 1991 Bankruptcy Court order that confirmed
Amdura's bankruptcy reorganization plan, until such time as the
District Court holds a hearing on Amdura's motion to extend the
stay further. Amdura and the plaintiff in the litigation have
jointly moved to schedule the hearing for September 12, 1994;
under Judge Kane's order, this is the latest date to which the
current stay will remain in effect.
During the stay, Amdura is to attempt to establish procedures
through the Bankruptcy Court to evaluate certain class action
claims. The class action claims arise out of a case originally
filed in January 1990, prior to Amdura's filing of a voluntary
petition for bankruptcy under Chapter 11 of the Bankruptcy Code.
The case purported to have been brought on behalf of a class of
persons who purchased Amdura's pre-bankruptcy preferred or common
stock during certain pre-petition periods, and alleged claims
under the Securities Exchange Act of 1934 to the effect that
Amdura's public business and financial disclosures were
materially false or misleading during those periods. Amdura and
the plaintiff are engaged in settlement discussions relating to
the class action claims.
Amdura Corporation, headquartered in Southbury, Connecticut,
operates primarily through The Crosby Group, Inc. and The Harris
Waste Management Group, Inc. Crosby, headquartered in Tulsa,
Oklahoma, designs and manufactures lifting equipment, hardware
and accessories for use in energy, construction, manufacturing,
marine and transportation applications. Harris, headquartered in
Peachtree City, Georgia, is engaged in manufacturing and
marketing equipment for plastic, paper and ferrous and non-
ferrous scrap metal processing, as well as waste recycling and
solid waste disposal.
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FOR FURTHER INFORMATION, CONTACT:
C. David Bushley - Amdura Corporation
phone: (203) 262-0570
Ann Hance - Abernathy MacGregor Scanlon
phone: (212) 371-5999
