UNITED STATES
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): 11/01/2004
CONSTAR INTERNATIONAL INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 000-16496
| Delaware | 13-1889304 | |
(State or Other Jurisdiction Of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
One Crown Way
Philadelphia, PA 19154-4599
(Address of Principal Executive Offices, Including Zip Code)
215.552.3700
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement
Constar International Inc. announced on November 1, 2004, that it has settled its Oxbar® patent infringement action against Continental PET Technologies, Inc. Under the terms of the settlement, Constar was paid $25.1 million, which will be applied to Constar’s revolving loan facility. A copy of the Settlement Agreement is attached as Exhibit 10.1 to this Report on Form 8-K.
Item 7.01 Regulation FD Disclosure
On November 1, 2004, the Company issued a press release announcing the settlement of its Oxbar patent infringement action against Continental PET Technologies, Inc. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
| 10.1 | Settlement Agreement |
| 99.1 | Press release |
Signature(s)
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.
CONSTAR INTERNATIONAL INC. | ||||
| Date: November 3, 2004 | By: | /s/ William S. Rymer | ||
| William S. Rymer | ||||
| Executive Vice President and Chief Financial Officer | ||||
Exhibit Index
| Exhibit No. | Description | |
| EX-10.1 | Settlement Agreement | |
| EX-99.1 | Press Release |
