UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
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SEC FILE NUMBER
1-9196
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NOTIFICATION OF LATE FILING
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CUSIP NUMBER
527016 109
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(CHECK ONE):[ ]Form 10-K [ ]Form 20-F [ ]Form 11-K [X]Form 10-Q [ ]Form N-SAR
For Period Ended: March 31, 1997
[ ] 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:________________
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS
VERIFIED ANY INFORMATION CONTAINED HEREIN.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
The Leslie Fay Company, Inc.
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Full Name of Registrant
The Leslie Fay Companies, Inc.
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Former Name if Applicable
1412 Broadway
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Address of Principal Executive Office (Street and Number)
New York, New York 10018
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City, State and Zip Code
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)
a. The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable
| effort or expense;
|
| b. The subject annual report, semi-annual report, transition
| report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or
[X] | portion thereof, will be filed on or before the fifteenth
| 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
| 12-b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
See attached
(Attach Extra Sheets if Needed)
<PAGE>
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Warren T. Wishart 212 221-4000
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(Name) (Area Code) (Telephone Number)
(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 answer is no, identify report(s) [X] Yes [_] No
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(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? [X] Yes [_] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of results cannot be made.
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The Leslie Fay Company, Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date August 19, 1997 By /s/ Richard H. Wolf
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Richard H. Wolf, Vice-President-Corporate
Controller
<PAGE>
The Leslie Fay Company, Inc.
Attachment to Form 12b-25
Notification of Late Filing
SEC File Number: 1-9196
Part III - Narrative
The financial executives of the Registrant have devoted substantial time and
effort to the compilation of information relating to prior period restatements
to give effect to the spinoff of Sassco Fashions and fresh-start reporting,
thereby delaying the completion of the Form 10-Q.
Part IV - Other Information
Question (3)
The Registrant anticipates that net income for the twenty-two weeks ended June
4, 1997 (the date on which the Registrant emerged from bankruptcy and the
effective date of the spinoff of Sassco Fashions) will be $145,494,000, of which
$167,079,000 represents extraordinary gains and $27,810,000 is a charge related
to the revaluation of assets and liabilities pursuant to the adoption of
fresh-start reporting. The Registrant does not anticipate any significant change
in its net income (before extraordinary items and the revaluation charge) for
the fiscal quarter ended July 5, 1997 compared to the fiscal quarter ended June
29, 1996.
