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 (Date of earliest event reported) December 22, 2000
OUTBOARD MARINE CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-2883 36-1589715
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
100 Sea Horse Drive, Waukegan, Illinois 46845
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (847)-689-6200
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
OUTBOARD MARINE CORPORATION
Commission File Number 1-2883
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On December 22, 2000, the Registrant, Outboard Marine Corporation
("OMC") and eight of its domestic subsidiaries, filed a voluntary petition
for relief under Chapter 11 of Title 11 of the United States Code with the
United States Bankruptcy Court for the Northern District of Illinois,
Eastern Division, in Chicago (the "Court"). The case has been assigned to
Judge Erwin I. Katz of the Court for initial proceedings ((case #: 00-37405)
the "Chapter 11 Case").
OMC continues to maintain its assets, operate its businesses and
manage its affairs as a debtor-in-possession pursuant to the Chapter 11
Case and the jurisdiction of the Court.
On December 22, 2000, the Registrant issued a press release
relating to the foregoing. A copy of the press release is attached hereto
as an exhibit and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit
Number Description
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99.2 Press release, Dated December 22, 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.
OUTBOARD MARINE CORPORATION
Registrant
Date: December 22, 2000 By: /S/ ROBERT S. ROMANO
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Robert S. Romano
Vice President, General Counsel
and Secretary
