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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
August 3, 1998
Date of Report (Date of earliest event reported)
MEDNET, MPC CORPORATION
(Exact name of Registrant as specified in its charter)
Nevada 0-17120 88-0215949
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
871-C Grier Drive
Las Vegas, Nevada 89119
(Address of principal executive offices)
(702) 361-3119
(Registrant's telephone number, including area code)
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Item 5. Other Events
1. On August 3, 1998, the Honorable Linda B. Riegle of the United States
Bankruptcy Court for the District of Nevada entered a Stipulated Order Granting
Debtor A Permanent Injunction Concerning Trading In Mednet Securities (the
"Order"). The Order declared the Amended Order Concerning Trading in Mednet
Securities, entered January 6, 1998 (the "Trading Order"), a permanent
injunction that will remain in effect until the closing of MPC Corporation's
("Mednet") bankruptcy case. The Order also dismissed the adversary proceeding
referenced therein and declared that the Bankruptcy Court shall retain
jurisdiction over the bankruptcy matter for all purposes. The Trading Order
imposed certain restrictions on the trading of Mednet, Mednet's equity
securities to preserve Mednet's net operating loss carryforwards.
Reference is made to the conformed Order attached hereto as Exhibit
99.1, and incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
99.1 Stipulated Order To Continue Hearing Date, dated August 3, 1998
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.
MEDNET, MPC CORPORATION
Date: August 6, 1998
By: /s/ Robert A. Bagdasarian
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Name: Robert A. Bagdasarian
Title: Chief Executive Officer
2
<PAGE>
Exhibit Index
Exhibit Number Description
- -------------- -----------
99.1 Stipulated Order Granting Debtor A Permanent
Injunction Concerning Trading In Mednet Securities,
dated August 3, 1998
James Patrick Shea, Esq. EXHIBIT 99.1
Bar # JS - 00405
SHEA & CARLYON, LTD.
233 South Fourth Street, Suite 200
Las Vegas, Nevada 89101
(702) 471-7432
Peter C. Moskowitz, Esq.
New York Bar # PM - 8845
ROBERTS, SHERIDAN & KOTEL
A Professional Corporation
12 E. 49th Street, 30th Floor
New York, NY 10017
(212) 299-8600
Attorneys for Debtor and Debtor-in-Possession
UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF NEVADA
- --------------------------------------------------:
IN RE: MEDNET, MPC CORP., : Case Nos. BK-97-25800 (LBR)
MEDI-MAIL, INC., AND MEDI-CLAIM, INC. : BK-97-25801 (LBR)
: BK-97-25802 (LBR)
Debtors. : (Jointly Administered Under
: Case No. 97-25800LBR)
:
: Chapter 11
- --------------------------------------------------:
MEDNET, MPC CORP., :
: ADVERSARY PROCEEDING
Plaintiff, : No. 97-2209 LBR
:
-against- :
:
:
MILLER MILOVE & KOB, APC, PROFIT SHARING : STIPULATED ORDER
PLAN & TRUST, B&M FAMILY VENTURES, A : GRANTING DEBTOR A
PARTNERSHIP, KEVIN ELLIS, FS&J LIMITED : PERMANENT INJUNCTION
PARTNERSHIP, HASSMAN LIMITED PARTNER- : CONCERNING TRADING IN
SHIP, PEACEGATE ASSOCIATES, L.P. AND : MEDNET SECURITIES
OTR/OXFORD TRANSFER & REGISTRAR : -----------------
AGENCY, INC. : Date: August 12, 1998
: Time: 9:00 a.m.
Defendants. :
:
- --------------------------------------------------:
<PAGE>
2
WHEREAS, the parties have agreed to settle the above-referenced
adversary proceeding upon the terms set forth in the settlement agreement
entered into by the parties (the "Settlement Agreement");
IT IS HEREBY STIPULATED AND AGREED by the undersigned counsel for
the parties as follows:
1. The Amended Order Concerning Trading in Mednet Securities,
entered January 6, 1998, is hereby a permanent injunction that shall remain in
effect until the closing of the Debtor's bankruptcy case by way of final decree
or otherwise.
2. The Adversary Proceeding is hereby dismissed with each party to
bear its own cost; and
3. The Bankruptcy Court shall retain jurisdiction of this matter for
all purposes, including the enforcement of the Settlement Agreement and with
respect to the permanent injunction.
Dated: July 22, 1998
MILLER MILOVE & KOB ROBERTS, SHERIDAN & KOTEL
(A Professional Corporation)
By: /s/ Brian D. Miller By: /s/ Peter C. Moskowitz
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Brian D. Miller Peter C. Moskowitz
The Koll Center 12 East 49th Street
501 West Broadway New York, New York 10017
San Diego, CA 92101 (212) 299-8600
(619) 696-5200
and
Attorneys for Defendants
SHEA & CARLYON, LTD.
233 South Fourth Street
Suite 200
Las Vegas, Nevada 89101
(702) 471-7432
Attorneys for Debtor
<PAGE>
3
ORDER
IT IS SO ORDERED this 3rd day of August, 1998
LINDA B. RIEGLE
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UNITED STATES BANKRUPTCY JUDGE
SUBMITTED BY:
SHEA & CARLYON, LTD.
233 South Fourth Street, Suite 200
Las Vegas, Nevada 89101
(702) 471-7432
-and-
ROBERTS, SHERIDAN & KOTEL
A Professional Corporation
12 E. 49th Street, 30th Floor
New York, NY 10017
(212) 299-8600
Co-Attorneys for Debtors and
Debtors-in-Possession
By: /s/ Peter C. Moskowitz
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Peter C. Moskowitz
REVIEWED:
OFFICE OF THE U.S. TRUSTEE
/s/ Barry H. Jenkins
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600 Las Vegas Blvd. So., #430
Las Vegas, NV 89101
