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): January 16, 1996
PEACHES ENTERTAINMENT CORPORATION
(Exact Name of Registrant as specified in its charter)
Florida 0-12375 59-2166041
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
3451 Executive Way, Miramar, Florida 33025
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (305) 432-4200
Not Applicable
(Former name or former address, if changed since last report)
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Item 4. Bankruptcy or Reorganization.
On January 16, 1996, the registrant filed a petition with the United States
Bankruptcy Court for the Southern District of Florida under Case No. 96-20153
for an arrangement pursuant to Chapter 11 of the United States Bankruptcy Code
as a result of which such court assumed jurisdiction on such date over
substantially all of the assets and business of the registrant by leaving the
existing directors and officers of the registrant in possession but subject to
the supervision and orders of such court.
Item 5. Other Events.
As a result of the filing by the registrant described in Item 4, on January
16, 1996, the registrant closed three of its stores, two of which were located
in Florida and one of which was located in South Carolina. Prior to such filing,
it had closed another store which had been located in Florida. Because of the
foregoing, the registrant, as a debtor in possession, is now operating a total
of 13 stores.
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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 hereunto duly authorized.
PEACHES ENTERTAINMENT CORPORATION
By: /s/ ALLAN WOLK
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Allan Wolk
Chairman and President
Date: January 23, 1996
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