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): February 5, 2001



                                  AZUREL, LTD.
                       ---------------------------------
            (Exact name of registrant as specified in its charter)


         Delaware                    0-22809                    13-3842844
         --------                   ---------                  ----------
(State or other jurisdiction (Commission File Number)        (IRS Employer
    of incorporation)                                     Identification No.)
==========================  ========================== ========================


               12 Gardner Road, Fairfield, New Jersey  07007
                ---------------------------------------------
             (Address of principal executive offices) (Zip Code)



     Registrant's telephone number, including area code: (973) 575-9500
     ------------------------------------------------------------------



                                NOT APPLICABLE
                                ---------------
        (Former name or former address, if changed since last report)




Item 3. Bankruptcy or Receivership.

     On February 2, 2001, Azurel, Ltd., a Delaware corporation ("Azurel"), filed
for protection  pursuant to Chapter 11 of the United States  Bankruptcy  Code in
the United States Bankruptcy Court for the District of New Jersey in Newark, New
Jersey.  Azurel  will  be a  debtor  in  possession  in the  proceeding  that is
captioned In re Azurel,  Ltd., Debtor (Case No.  01-31034/NLW) and its operation
of the business shall be subject to the supervision and orders of the Bankruptcy
Court.

     A copy of the press  release  dated  February  5, 2001 is  attached to this
current Report on Form 8-K as Exhibit 99.1.

Item 7.   Financial Statements and Exhibits.
          ---------------------------------

          c) Exhibits
             --------

                99.1 Press Release dated February 5, 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.

                                          AZUREL, LTD.
                                          (Registrant)


Dated:  February 5, 2001                    By: /s/ Edward Adamcik
                                              ---------------------
                                                    Edward Adamcik
                                                    CFO

                              INDEX TO EXHIBITS


Exhibit No.
- -----------

99.1  Press Release dated February 5, 2001.