1 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: January 3, 1996 ----------------- (Date of earliest event reported) FAIRWOOD CORPORATION ---------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 018446 13-3472113 ------------ ----------- ------------ (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) ONE COMMERCE CENTER 1201 N. ORANGE STREET, SUITE 790 WILMINGTON, DELAWARE (302) 884-6749 (Address of Registrant's Principal Executive Offices and telephone number, including area code) 2 Item 3. Bankruptcy or Receivership On January 3, 1996, an involuntary bankruptcy petition was filed against the Registrant in the United States Bankruptcy Court for the Southern District of New York by certain holders of the Registrants' Subordinated 16-7/8% Pay-in-Kind Debentures due 2004. The Registrant and the petitioning creditors have agreed to extend until mid-February the Registrant's time to answer or otherwise move with respect to the bankruptcy petition. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 99a. Press Release, issued January 18, 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. FAIRWOOD CORPORATION Date: January 18, 1996 By: /s/ John B. Sganga ------------------------------- John B. Sganga Chief Financial Officer, Executive Vice President, Secretary and Treasurer 3 Exhibit Index Exhibit No. Description of Exhibit - ----------- ---------------------- 99a. Press Release, issued January 18, 1996.