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
December 28, 1999
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Date of Report (Date of Earliest Event Reported)
Petrie Stores Liquidating Trust
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(Exact Name of Registrant as Specified in Charter)
New York 0-3777 22-6679945
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
201 Route 17
Suite 300
Rutherford, New Jersey 07070
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(Address of Principal Executive Offices and Zip Code)
(201) 635-9637
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(Registrant's Telephone Number, Including Area Code)
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On December 28, 1999, Petrie Stores Liquidating Trust (the
"Liquidating Trust") and the plaintiffs in the actions entitled Aventura
Malls Venture et al. v. Petrie Stores Corporation et al. and Sunrise Mall
Associates v. Petrie Stores Corporation et al. entered into a settlement
agreement under which the plaintiffs have agreed to settle their previously
disclosed claims alleging that the Liquidating Trust, as successor to
Petrie Stores Corporation ("Petrie"), had liability as a guarantor for
certain leases to which Petrie and the plaintiffs were a party. Pursuant
to the settlement, the Liquidating Trust agreed to pay the plaintiffs a
total of $2.4 million and received a full release from all claims. In the
settlement, the Liquidating Trust expressly denied any wrongdoing or
liability with respect to the claims asserted by the plaintiffs.
SIGNATURE
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.
Date: December 28, 1999
PETRIE STORES LIQUIDATING TRUST
By: /s/ Stephanie R. Joseph
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Stephanie R. Joseph
Manager and Chief Executive Officer
