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): DECEMBER 7, 1999
TRITEAL CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-28660 33-0548924
(Commission File No.) (IRS Employer Identification No.)
c/o COOLEY GODWARD LLP
4365 EXECUTIVE DRIVE, SUITE 1100
SAN DIEGO, CA 92121-2128
ATTN: FREDERICK T. MUTO, ESQ.
(Address of principal executive offices and zip code)
Registrant's counsel's telephone number, including area code: (858) 550-6000
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On December 7, 1999, an order confirming a Plan of Liquidation
for TriTeal Corporation (the "Company") was entered by the United States
Bankruptcy Court for the Southern District of California, Case No. 99-03494-B11.
That Plan provides for a liquidation of TriTeal's assets and the distribution of
those assets, first to creditors, and then to stockholders. The Plan of
Liquidation provides for payment in the following order: secured claims; claims
entitled to priority by the Bankruptcy Code; general unsecured claims; indemnity
claims of officers, directors and employees; and, to the extent that funds
remain from liquidation, to stockholders pro rata. The Plan of Liquidation does
not provide for the issuance of further shares. Information as to the assets and
liabilities of the Company is set forth in its Disclosure Statement and Plan of
Liquidation filed with the bankruptcy court. Copies of those documents are
attached hereto as Exhibits 2.1 and 2.2.
On January 12, 2000, the Company issued a press release
concerning court approval of the Company's Plan of Liquidation under its Chapter
11 Bankruptcy filing. Further detail regarding the statement is provided in the
Company's press release relating to this event, a copy of which is attached
hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS.
2.1 Amended Disclosure Statement to Debtor in
Possession's Plan of Liquidation dated August 27,
1999.
2.2 Debtor in Possession's Amended Plan of Liquidation
dated August 27, 1999.
99.1 Press Release of TriTeal Corporation dated January
12, 2000.
2.
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.
TRITEAL CORPORATION
Dated: January 11, 2000 By: /s/ Jeffrey G. Black
---------------------------------
Jeffrey G. Black
Bankruptcy Court Appointed
Responsible Person
3.