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): December 27, 1996
MARVEL III HOLDINGS INC.
(Exact name of registrant as specified in charter)
DELAWARE 33-77108 13-3751020
(State or other jurisdiction (Commission (IRS employer
of incorporation) File Number) identification no.)
5900 NORTH ANDREWS AVENUE, FT. LAUDERDALE, FLORIDA 33309
(Address of principal executive offices) (Zip Code)
(305) 772-4306
(Registrant's telephone number, including area code)
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On December 27, 1996, the registrant filed a voluntary
petition (Case No. 96-2068 (HSB)) for reorganization
under Chapter 11 of the United States Bankruptcy Code in
the United States Bankruptcy Court for the District of
Delaware. The Company remains a debtor in possession and
no trustee has been appointed. See Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit 99.1 Press Release dated December 27, 1996.
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.
Date: January 9, 1997
MARVEL III HOLDINGS INC.
(Registrant)
By: /s/ Laurence Winoker
Name: Laurence Winoker
Title: Vice President and Controller
(Principal Accounting Officer)
EXHIBIT INDEX
Exhibit
99.1 Press Release dated December 27, 1996
EXHIBIT 99.1 Press Release dated December 27, 1996
MARVEL HOLDING COMPANIES FILE
VOLUNTARY CHAPTER 11 PETITIONS
New York, N.Y., December 27, 1996 -- Marvel
Holdings, Marvel (Parent) Holdings, and Marvel III
Holdings announced today that they filed voluntary
petitions for reorganization under Chapter 11 of the U.S.
Bankruptcy Code in the U.S. Bankruptcy Court for the
District of Delaware in Wilmington. The three holding
companies own approximately 80.2 million shares of Marvel
Entertainment Group, Inc. (NYSE: MRV) common stock.
