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):
June 3, 2003
Daisytek International Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware 0-25400 75-2421746
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
1025 Central Expressway South, Suite 200
Allen, Texas 75013
(Address of Principal Executive Offices, including zip code)
(972) 881-4700
(Registrant's Telephone Number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On June 3, 2003, Daisytek International Corporation (the "Company") filed a
voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the
United States Bankruptcy Court for the Northern District of Texas, Dallas
Division, under Case No. 03-35724-SAF-11. Joint administration of the
Company's Chapter 11 case has been granted in connection with the petitions
filed by Company subsidiaries Daisytek, Incorporated, Arlington Industries,
Inc., Daisytek Latin America, Inc., Tapebargains.com, Virtual Demand, Inc.,
B.A. Pargh Company, The Tape Company and Digital Storage, Inc. under Chapter
11 on May 7, 2003. All of these Chapter 11 cases are being jointly
administered under Case No. 03-342762-HDH-11. Daisytek International
Corporation remains in possession of its assets and properties, and
continues to operate its businesses and manage its properties as
"debtor-in-possession" pursuant to the Bankruptcy Code.
On June 3, 2003, the Company issued a news release relating to the foregoing. A
copy of the news release is filed herewith as Exhibit 99.1.
ITEM 5. OTHER EVENTS
The Company accepted the resignations of Daniel T. Owen and Peter P.J.
Vikanis from the Company's board of directors, effective upon the Company's
filing of the Chapter 11 petition on June 3, 2003.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of business acquired
Not applicable
(b) Pro forma financial information
Not applicable
(c) Exhibits
99.1 Press Release dated June 3, 2003.
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.
DAISYTEK INTERNATIONAL CORPORATION
By: /s/ ERIC T. LOGAN
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Eric T. Logan
Interim Chief Financial Officer
Dated: June 5, 2003
Index to Exhibits
Exhibit
Number Description
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99.1 Press Release dated June 3, 2003.