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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities and Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
February 27, 1998
JENNIFER CONVERTIBLES, INC.
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE 1-9681 11-2824646
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
419 Crossways Park Drive
Woodbury, New York 11797
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(Address of principal executive offices)
Registrant's Telephone Number, including
area code: (516) 496-1900
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(Former Address, if changed since last report)
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<PAGE>
Item 5: OTHER EVENTS
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As previously disclosed, the settlement agreements among Jennifer
Convertibles, Inc. ("the Company"), a related private company (the "Private
Company") and others may be terminable upon written notice by the Company or the
Private Company if not approved by the Court by February 28, 1998. Although the
Company disputes the Private Company's position that the agreements are so
terminable, there can be no assurance that the Company will prevail in such
dispute. The Private Company has not given any notice of termination but the
Private Company has indicated to the Company that it has certain issues with the
current settlement agreements and that it reserves the right to terminate during
negotiations. The parties continue to negotiate.
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<PAGE>
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.
Dated: February 27, 1998
JENNIFER CONVERTIBLES, INC.
By: /s/ Harley J. Greenfield,
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Harley J. Greenfield,
Chairman and Chief Executive Officer
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