SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) April 19, 1999
STARTER CORPORATION
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
DELAWARE 011-11812 06-0872266
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
370 James Street, New Haven, Connecticut 06513
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(Address of principal executive offices) (ZIP CODE)
Registrant's telephone number, including area code: (203) 781-4000
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ITEM 5. Other Events.
On April 19, 1999, Starter Corporation (the "Company") and its
subsidiaries, Starter Galt, Inc., Starter Outlet Stores, Inc. and Starter
Delaware, Inc. filed petitions under Chapter 11 of the United States Bankruptcy
Code with the United States Bankruptcy Court in Wilmington Delaware. The Company
and these subsidiaries contemplate a prompt orderly sale of their businesses on
a going concern basis and a liquidation of any remaining assets and properties
in a manner designed to maximize value.
As previously disclosed, the Company has not filed with the Securities and
Exchange Commission the Company's Annual Report on Form 10-K for the fiscal year
ended December 31, 1998.
A copy of the Company's Press Release, dated April 19, 1999 is attached hereto
as Exhibit 99.1.
ITEM 7. Financial Statements and Exhibits.
Exhibit 99.1 - Press release dated April 19, 1999.
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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.
STARTER CORPORATION
Date: April 22, 1999 By: /s/ John Warfel
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Name: John Warfel
Title: Senior Vice President
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EXHIBIT INDEX
Exhibit Number Exhibit Description
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99.1 Press Release of Starter Corporation, dated April 19, 1999
STARTER CORPORATION ANNOUNCES
PLANS FOR CHAPTER 11 LIQUIDATION
New Haven, CT, April 19, 1999 ...Starter Corporation (NYSE:STA) announced
today that it has filed a petition with the United States Bankruptcy Court in
Wilmington, Delaware under Chapter 11 of the United States Bankruptcy Code. The
Company contemplates a prompt, orderly sale of its business on a going concern
basis and to liquidate any remaining assets and properties in a manner designed
to maximize value.
As announced previously, Starter has not filed its Annual Report on Form
10-K for the fiscal year ended December 31, 1998.
Starter is a leading designer and marketer of quality Outerwear,
Activewear, Printables and Accessories, and is a licensee of all the major North
American professional sports leagues and universities. Starter also designs and
markets its own banded apparel
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