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): July 19, 2001
Pathnet Telecommunications, 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 or organization)
0-30155 52-2201331
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(Commission File No.) (I.R.S. Employer
Identification No.)
11720 SUNRISE VALLEY DRIVE
RESTON, VA 20191
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(Address of principal executive offices) (Zip Code)
(703) 390-1000
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(Registrant's telephone number, including area code)
Item 5. Other Events
By order docketed July 19, 2001, upon the Joint Motion of Nortel Networks
Inc. and Cisco Systems Capital Corporation, United States Bankruptcy Judge
Stephen S. Mitchell of the United States Bankruptcy Court for the Eastern
District of Virginia ordered the conversion of the pending Chapter 11 cases with
respect to debtors and debtors in possession (and subsidiaries of the
Registrant) Pathnet Operating, Inc., Pathnet Real Estate LLC, and Pathnet Fiber
Equipment LLC from cases under Chapter 11 to Chapter 7 of the Bankruptcy Code
(the "Stipulation and Consent Order"). On July 24, 2001, upon the Motion of
debtor in possession (and affiliate of the Registrant), Pathnet Operating of
Virginia, Inc. ("POVI"), the United States Bankruptcy Court for the Eastern
District of Virginia ordered the conversion of the bankruptcy case with respect
to POVI from proceedings under Chapter 11 to Chapter 7 of the Bankruptcy Code.
The Trustee appointed by the Court in these cases was Gordon Peyton.
A copy of the Stipulation and Consent Order is filed herewith as exhibit
99.1. The Company is filing this Current Report on Form 8-K, together with the
aforementioned exhibit with the Securities and Exchange Commission.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits:
99.1 Stipulation and Consent Order dated July 19, 2001.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PATHNET TELECOMMUNICATIONS, INC.
Dated: July 27, 2001 By: /s/ Mary McDermott
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Name: Mary McDermott
Title: Senior Vice-President
General Counsel and Secretary
EXHIBIT INDEX
PATHNET TELECOMMUNICATIONS, INC.
Current Report on Form 8-K
EXHIBIT DESCRIPTION
NUMBER
99.1 Stipulation and Consent Order dated July 19, 2001.
