U.S. 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 26, 1999
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Blue Fish Clothing, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Pennsylvania
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(State or Other Jurisdiction of Incorporation)
1-14078 22-2781253
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Commission File Number (I.R.S. Employer I.D. No.)
No. 3 Sixth Street, Frenchtown, New Jersey 08825
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(Address of Principal Executive Offices, Including Zip Code)
(908) 996-3844
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
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The Company announced on January 26, 1999 that it had received a notice of
default from its lender Sovereign Bank, FSB (the "Bank"). On February 18,
1999, the Company and the Bank entered into a forbearance agreement for a
90-day period commencing February 2, 1999 and the Company is actively
seeking a replacement lender.
Item 7. Exhibits
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10.47 Forbearance Agreement between Sovereign Bank, FSB and the
Registrant dated February 18, 1999.
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.
BLUE FISH CLOTHING, INC.
Date: March 5, 1999 By: /s/ Jeffrey L. Haims
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Jeffrey L. Haims
President and Chief Executive Officer