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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 Exchange Act of 1934
Date of Report July 18, 1997
(Date of earliest event reported)
Austin's International, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
33-47357-A 65-0322000
(Commission File Number) (IRS Employer Identification No.)
2400 E. Commercial Boulevard, Suite 800, Ft. Lauderdale, Florida 33308
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (954) 772-0980
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Item 5. Other Events.
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On July 18, 1997, Austin's International, Inc., a Florida Corporation, filed a
voluntary petition under Chapter 11 of the United States Bankruptcy Code in the
Southern District of Florida. The case was assigned to the Honorable Raymond B.
Ray under Case No: 97-24528-BKC-RBR. Chapter 11 is the principal reorganization
chapter of the United States Bankruptcy Code and provides the company with a
"breathing spell" so as to allow a restructuring of its finances and operation.
It is expected that the company will file a plan of reorganization which will
provide a dividend to its creditors.
Austin's International, Inc., Florida is a subsidiary of Austin's International
inc., Delaware, the public corporation.
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 hereunto duly authorized.
AUSTIN'S INTERNATIONAL, INC.
(Registrant)
By: /s/ Larry E. Graybill
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Larry E. Graybill
President
Date: July 25, 1997
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