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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING COMMISSION FILE NUMBER 1-11803
04-3164298
(I.R.S. Employer Identification No.)
(CHECK ONE) :
/X/ Form 10-K and Form 10-KSB / / Form 20 -F / / Form 11-K / / Form 10-Q and
Form 10QSB / / Form N_SAR
For Period Ended: DECEMBER 31, 1999
/ / Transition Report on Form 10-K
/ / Transition Report on Form 20-F
/ / Transition Report on Form 11-K
/ / Transition Report on Form 10-Q
/ / Transition Report on Form N-SAR
For the Transition Period Ended: N/A
Nothing in the Form shall be construed to imply that the Commission has verified
any information contained herein.
If the notification related to a portion of the filing checked above, identify
the Item (s) to which the notification relates: N/A
PART I - RESISTRATION INFORMATION
Full Name of Registrant: American Pad & Paper Company
Former Name if applicable: N/A
Address of Principal Executive Office (Street and Number): 17304 Preston Road,
Suite 700
City, State and Zip Code: Dallas, Texas 75252-5613
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
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/X/ (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
/X/ (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will
be filed on or before the 15th calendar day following the prescribed
due date; or the subject quarterly report or transition report on Form
10-Q, or portion thereof will be filed on or before the fifth calendar
day following the prescribed due date; and
/ / (c) The accountant's statement or other exhibit required by Rule
12B- 25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB, 20-
F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period. (Attach extra sheets if
needed)
The Company's Annual Report on Form 10-K for the year ended December 31,
1999, could not be filed within the prescribed time period due to events
surrounding an involuntary Chapter 11 Bankruptcy filing on January 10, 2000,
followed by a voluntary petition filed on January 14, 2000, by the Company. As
such, the Company and its legal and financial advisors were not able to complete
the review in time to permit the filing of the Registrant's Annual Report on
Form 10-K within the prescribed period without unreasonable effort or expense.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
David N. Pilotte, VP and Corporate Controller (972) 733-6200
(2) Have all other periodic reports required under section 13 or 15(d) of the
Securities Exchange Act of 1934 or section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify reports(s).
/X/ Yes / / No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof?
/ / Yes /X/ No
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If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made. N/A
Date: March 30, 2000 By: /s/ James W. Swent III
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James W. Swent III
Chief Executive Officer and
Chief Financial Officer
