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) December 15, 1995
Commission file Number 0-15435
First Entertainment, Inc.
(Exact name of registrant as specified in its charter.)
Colorado 84-0974303
(State or other jurisdiction of (I.R.S. Employer
incorporated or organization) Identification No.)
1380 Lawrence Street, Suite 1400 80204
(Address of principal executive offices (Zip Code)
Registrant's telephone number, including area code:
(303) 592-1235
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Item 1. Changes in Control of Registrant.
Not Applicable
Item 2. Acquisition or Disposition of Assets.
Not Applicable
Item 3. Bankruptcy or Receivership.
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable
Item 5. Other Events
The Registrant has filed a claim in the U.S. District Court
for the District of Colorado alleging tortuous interference with contractual
relations against the Receivership Estate of Indian Motorcycle Manufacturing,
Inc., a company in federal receivership (IMMI). This claim arises out of
a notice filed by the Receiver for IMMI which questioned the Company's ex-
clusive license rights to market certain products with the Indian Motorcycle
trademark. The ownership of the Indian Motorcycle trademark has been, and
continues to be, the subject of dispute. The Receiver for IMMI claimed that
the Registrant has no license rights whatsoever to the trademark and has filed
an action, subsequent to its notice to the Court, for declaratory judgement
with this same court to determine the respective rights. However, the
Registrant believes that the Receivership Estate of IMMI has wrongfully
attempted, through the notice and subsequent communication of the notice to
others, to interfere with and deter third parties who have or may want to
contract with the Registrant during the pendency of court proceedings in-
volving the determination of the ownership of the trademark. It is the
Registrant's position that it has adequate and exclusive license rights to the
Indian Motorcycle trademark. The Registrant intends to pursue its legal
remedies to the fullest extent possible. While the Registrant feels confident
of its rights in this matter, the outcome of any litigation cannot be a
certainty, nor can it be quaranteed. However, in the interim, the Registrant
intends to go forward with its plans to develop its Indian Motorcycle trade-
mark license rights.
Item 6. Resignation of Registant's Directors.
Not Applicable
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year.
Not Applicable
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 autorized.
FIRST ENTERTAINMENT, INC.
By:A.B. Goldberg
------------------
A.B. Goldberg
President
Dated: December 19, 1995
