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 earliest event reported) February 13, 2002
CORAM HEALTHCARE CORPORATION
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(Exact name of registrant as specified in charter)
Delaware 1-11343 33-0615337
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1675 Broadway, Suite 900, Denver, Colorado 80202
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(Address of principal executive offices)(Zip code)
Registrant's telephone number, including area code (303) 292-4973
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(Former name or former address, if changed since last report)
Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Sections 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. Yes [X] No [ ]
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On August 8, 2000, Coram Healthcare Corporation ("CHC") and its
wholly-owned first tier subsidiary, Coram, Inc. ("CI") (collectively the
"Debtors"), filed voluntary petitions under Chapter 11 of the United States
Bankruptcy Code. On such date, the Debtors commenced operations as
debtors-in-possession subject to the jurisdiction of the United States
Bankruptcy Court for the District of Delaware (the "Bankruptcy Court").
On February 13, 2002, the Debtors announced that, among other things, the
Bankruptcy Court granted motions made by the Office of the United States Trustee
and two of the Debtors' noteholders requesting the appointment of a Chapter 11
trustee to oversee the Debtors during their reorganization process.
On March 13, 2002, Bankruptcy Court Judge Mary F. Walrath granted the
approval of the appointment of Arlin M. Adams, Esquire as the Debtors' Chapter
11 trustee.
A copy of the related March 13, 2002 press release is attached hereto as
Exhibit 99.1.
ITEM 5. OTHER
On February 13, 2002, the Bankruptcy Court denied without prejudice a
renewed motion made by the Official Committee of the Equity Security Holders
(the "Equity Committee") for leave to bring a derivative lawsuit against CHC's
chief executive officer, the Board of Directors, Cerberus Partners, L.P.
("Cerberus"), Cerberus' principal and other noteholders. The Bankruptcy Court
also denied a motion filed by the Equity Committee related to governance of CI.
A copy of the related February 13, 2002 press release is attached hereto as
Exhibit 99.2.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit
Number Description of Document
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99.1 Press release, issued March 13, 2002, announcing the
approval by the United States Bankruptcy Court for the
District of Delaware (the "Bankruptcy Court") of the
appointment of Arlin M. Adams, Esquire as the Chapter
11 trustee for the estates of Coram Healthcare
Corporation ("CHC") and Coram, Inc. ("CI").
99.2 Press release, issued February 13, 2002, announcing
the following rulings made by the Bankruptcy Court:
(a) granted a motion requesting the appointment of a
Chapter 11 trustee for the estates of CHC and CI;
(b) denied a renewed motion of the Official Committee
of the Equity Security Holders (the "Equity
Committee") for leave to bring a derivative
lawsuit against CHC's chief executive officer, the
Board of Directors, Cerberus Partners, L.P.
("Cerberus"), Cerberus' principal and other
noteholders; and
(c) denied the Equity Committee's motion related to
governance of CI.
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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.
CORAM HEALTHCARE CORPORATION
Date: March 21, 2002 By: /s/ SCOTT R. DANITZ
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Name: Scott R. Danitz
Title: Senior Vice President, Chief
Financial Officer and Treasurer
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EXHIBIT INDEX
Exhibit
Number Description of Document
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99.1 Press release, issued March 13, 2002, announcing the approval by the United States
Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") of the
appointment of Arlin M. Adams, Esquire as the Chapter 11 trustee for the estates of Coram
Healthcare Corporation ("CHC") and Coram, Inc. ("CI").
99.2 Press release, issued February 13, 2002, announcing the following rulings made by the
Bankruptcy Court:
(a) granted a motion requesting the appointment of a Chapter 11 trustee for the estates of
CHC and CI;
(b) denied a renewed motion of the Official Committee of the Equity Security Holders
(the "Equity Committee") for leave to bring a derivative lawsuit against CHC's chief
executive officer, the Board of Directors, Cerberus Partners, L.P. ("Cerberus"),
Cerberus' principal and other noteholders; and
(c) denied the Equity Committee's motion related to governance of CI.