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) January 24, 2001 -------------------- COAST FEDERAL LITIGATION CONTINGENT PAYMENT RIGHTS TRUST - ------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware - ------------------------------------------------------------------------------ (State or Other Jurisdiction of Incorporation) 333-44155 13-7140975 - -------------------------------------- ----------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) E.A. Delle Donne Corporate Center, Montgomery Building, 1011 Centre Road, Wilmington, Delaware 19805 - ------------------------------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) (302) 636-3300 - ------------------------------------------------------------------------------ (Registrant's Telephone Number, Including Area Code) Not Applicable - ------------------------------------------------------------------------------ (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. The Registrant has issued the press release, dated January 24, 2001, attached as an exhibit hereto describing a recent development in the case brought by Coast Federal Bank, FSB ("Coast Federal"), against the United States Government relating to the Government's alleged breach of the agreement, entered into in 1987 in connection with Coast Federal's acquisition of Central Savings and Loan Association, to treat certain amounts as a permanent addition to Coast Federal's regulatory capital. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. Exhibit No. Document Description - -------- -------------------- 99.1 Press release of the Registrant, dated January 24, 2001 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. COAST FEDERAL LITIGATION CONTINGENT PAYMENT RIGHTS TRUST -------------------------------------------------------- (Registrant) Dated: January 24, 2001 By: /s/Ray Martin ----------------------- Name: Ray Martin Title: Litigation Trustee INDEX TO EXHIBITS Exhibit No. Document Description - -------- -------------------- 99.1 Press release of the Registrant, dated January 24, 2001.