UNITED STATES
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) April 24, 2000
ENVIRONMENTAL REMEDIATION HOLDING CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 0-17325 58-2429712
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
16101 LaGrande Drive, Suite 100 72223
Little Rock, Arkansas (Zip Code)
(Address of principal executive offices)
(501) 821-2222
(Registrant's telephone number, including area code)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On April 20, 2000, Robert K. Kelley filed a Current Report on Form 8-K
(the "8-K") purporting to be made on behalf of Environmental Remediation
Holding Corporation (the "Company"). In the 8-K, Mr. Kelley falsely
asserted that he was authorized to make the 8-K filing under an order
appointing him as receiver of the Company entered by a Colorado District
Court on March 30, 2000 (the "Order"). In fact, Mr. Kelley possessed no
such authority, and the filing of the 8-K violated the express terms of a
stay of the Order, and Mr. Kelley's alleged authority as a receiver, that
was entered before the filing was made.
The Order was entered in response to a motion made in connection with
a complaint (the "Complaint") filed by alleged shareholders of the Company
(the "Plaintiffs") against the members of the Company's board of directors,
the Company's majority shareholder and certain other parties (the
"Defendants"). Certain of the Plaintiffs are persons and entities that
defaulted in the performance of obligations to the Company under the terms
of a letter of intent, as described in the Company's Current Report on Form
8-K filed August 24, 1999. The Company is not named as a Defendant in the
Complaint. Neither the Defendants nor the Company received prior notice of
the hearing at which the Order was entered, and as a result neither
appeared in opposition to the motion brought by the Plaintiffs.
On the morning of April 20, 2000, the Colorado District Court entered
an additional order pursuant to which the Order and any performance by Mr.
Kelley thereunder were stayed. Therefore, at the time he filed the 8-K Mr.
Kelley was neither authorized nor obligated to act on behalf of or as a
representative of the Company.
The Company is in the process of determining the legal alternatives
available to it with respect to Mr. Kelley's unauthorized actions.
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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 thereunto duly authorized.
ENVIRONMENTAL REMEDIATION HOLDING CORPORATION
By: /s/ GEOFFREY TIRMAN
---------------------------------
Geoffrey Tirman
President and Chief Executive Officer
Date: April 24, 2000
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