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) November 5, 1998
CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
(Exact name of registrant as specified in its charter.)
Louisiana 0-21192 72-0721367
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
109 Northpark Blvd., Covington, Louisiana 70433
(Address of principal executive offices) (Zip Code)
(504)867-5000
(Registrant's telephone number including area code)
N/A
(Former name or former address, if changed since last report.)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On November 5, 1998, the United States Bankruptcy Court for the Eastern
District of Louisiana (the "Court") entered an order converting the 1997
Chapter 11 case of Campo Electronics, Appliances and Computers, Inc. (the
"Company"), case number 97-13057, to a case under Chapter 7 of the Federal
Bankruptcy Code. Pursuant to the Court's order, the Company was also
authorized and directed to pay certain expenses. The Court also appointed
Wilbur J. Babin, Jr. as the Chapter 7 Trustee.
ITEM 7. EXHIBITS
EXHIBIT INDEX
Exhibit
NUMBER DESCRIPTION
99.1 Order converting case number 97-13057 to a Chapter
7 case.
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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 thereunto duly authorized.
CAMPO ELECTRONICS, APPLIANCES AND
COMPUTERS, INC.
/S/ David R. Grego
David R. Grego
Chief Financial Officer
Date: November 19, 1998.
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF LOUISIANA
IN RE: * NO. 97-13057
*
CAMPO ELECTRONICS, APPLIANCES * SECTION "A"
AND COMPUTERS, INC. *
* CHAPTER 11
Debtor *
ORDER CONVERTING CASE TO CHAPTER 7
Upon consideration of the Motion to Convent to Chapter 7 filed herein
by Campo Electronics, Appliances and Computers, Inc.,
IT IS ORDERED that this case is voluntarily converted from a Chapter 11
to a case under Chapter 7 of the United States Bankruptcy Code;
IT IS FURTHER ORDERED that the Debtor is authorized and directed to pay
the expenses set forth on Exhibit "A";
IT IS FURTHER ORDERED that the Debtor's depository banks are directed
to honor checks, drafts and wire transfers issued to satisfy the
obligations noted on Exhibit "A" to Debtor's motion;
IT IS FURTHER ORDERED that such checks and payments will not be subject
to avoidance due to the conversion to Chapter 7 and the appointment of a
Trustee nor will such funds constitute property of the Chapter 7 estate;
IT IS FURTHER ORDERED that the Debtor and the Trustee will pay the
current Campo employees in accordance with the terms of their employment
agreement as if such conversion to Chapter 7 or appointment of a Trustee
had not occurred.
New Orleans, Louisiana this 5th day of November, 1998.
/S/ T.M. BRAHNEY, III
U.S. BANKRUPTCY JUDGE
Douglas S. Draper, #5073
Robyn J. Spalter, #2116
HELLER, DRAPER, HAYDEN
& HORN, L.L.C.
650 Poydras Street, Suite 2500
New Orleans, LA 70130
Telephone: (504) 568-1888
Attorneys for Campo Electronics,
Appliances and Computers, Inc.
