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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) July 26, 1996
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BEN FRANKLIN RETAIL STORES, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-20079 25-1552155
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(Commission File Number) (I.R.S. Employer Identification No.)
708-462-6100
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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Item 3. BANKRUPTCY OR RECEIVERSHIP.
On July 26, 1996, Ben Franklin Retail Stores, Inc. (the "Company") and
certain of its subsidiaries, Ben Franklin Crafts, Inc., Ben Franklin Stores,
Inc., Ben Franklin Realty Corp., Ben Franklin Realty Corp. (II), and Ben
Franklin Transportation, Inc., filed for protection from their creditors under
Chapter 11 of the United States Bankruptcy Code. The filing was made in the
United States Bankruptcy Court for the Northern District of Illinois, Eastern
Division, which court assumed jurisdiction over the Company and such
subsidiaries on such date, leaving the existing directors and officers in
possession subject to the court's supervision and orders. The bankruptcy cases
of the Company and its applicable subsidiaries are jointly administered under
the caption IN RE: BEN FRANKLIN RETAIL STORES, INC., ET AL., Case No. 96 B
19482. The Company's other subsidiaries, Ben Franklin Insurance Agency, Inc.,
Belmont Insurance Co. Ltd., and Auto Artistry, Inc. continue to operate outside
of the jurisdiction of the bankruptcy court.
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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 hereunto duly authorized.
BEN FRANKLIN RETAIL STORES, INC.
Date: August 9, 1996 By: /s/Richard T. Krubeck
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Richard T. Krubeck, Sr. Vice
President - General Counsel and
Secretary
