-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UPjSyLgJgTEnVvYdPltpg3A5xnGLnCUE9FrQGw11oCKqnUJMIP9+weiz+c5Bm5gV 7ISu4VsEEM2MxgwoxmhhfQ== 0000950172-97-001046.txt : 19971113 0000950172-97-001046.hdr.sgml : 19971113 ACCESSION NUMBER: 0000950172-97-001046 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971106 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971113 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: KERR GROUP INC CENTRAL INDEX KEY: 0000055454 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 950898810 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07272 FILM NUMBER: 97715984 BUSINESS ADDRESS: STREET 1: 500 NEW HOLLAND AVE CITY: LANCASTER STATE: PA ZIP: 17602 BUSINESS PHONE: 3105562200 MAIL ADDRESS: STREET 1: 1840 CENTURY PARK EAST CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: KERR GLASS MANUFACTURING CORP DATE OF NAME CHANGE: 19920518 8-K 1 8-K 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: November 6, 1997 Kerr Group, Inc. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-7272 95-0898810 --------------- ---------------- --------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification incorporation) Number) 500 New Holland Avenue, Lancaster, PA 17602 --------------------------------------------------------- (Address of principal executive Offices) (Zip Code) Registrant's telephone number, including area code: (717) 299-6511 -------------------------------------------------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report) Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On November 6, 1997, the Board of Directors of the Registrant approved the engagement of Arthur Andersen LLP as its independent auditors for the fiscal year ending December 31, 1997 to replace the firm of KPMG Peat Marwick LLP ("KPMG Peat Marwick"). The reason for this change is the change in control of Registrant discussed in Item 1 of previously filed Form 8-K on September 10, 1997. KPMG Peat Marwick's auditors' report on the financial statements of the Registrant as of and for the years ended December 31, 1996 and 1995, contained a separate paragraph stating that "the Company is in default of its current loan agreements and has not been successful as yet in securing a new credit facility which raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to this matter are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty." In connection with the audits of the Registrant's financial statements for the years ending December 31, 1996 and December 31, 1995, and to the subsequent interim periods through November 6, 1997, there were no disagreements with KPMG Peat Marwick on any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedures which, if not resolved to the satisfaction of KPMG Peat Marwick, would have caused KPMG Peat Marwick to make reference to the matter in their report. No event of the type described in Item 304(a)(1)(v) of Regulation S-K occurred during the period described above. The Registrant has requested KPMG Peat Marwick to furnish it a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of that letter dated November 12, 1997 is filed as Exhibit 1 to this Form 8-K. Item 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 1. Letter dated November 12, 1997 from KPMG Peat Marwick LLP stating whether it agrees with the statements set forth in Item 4 of this Form 8-K (Exhibit 16.1). SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. KERR GROUP, INC. Date: November 13, 1997 By /s/ Lawrence C. Caldwell -------------------------- Lawrence C. Caldwell Chief Financial Officer KERR GROUP, INC. FORM 8-K Date of Report (Date of earliest event reported): November 6, 1997 EXHIBIT INDEX Item 7(c) Exhibits 16.1 Letter dated November 12, 1997 from KPMG Peat Marwick LLP stating whether it agrees with the statements set forth in Item 4 of this Form 8-K. EX-16 2 EXHIBIT 16.1 - LETTER Exhibit 16.1 [KPMG PEAT MARWICK LLP LETTERHEAD] November 12, 1997 Securities and Exchange Commission Washington D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for Kerr Group, Inc. and, under the date of March 25, 1997, we reported on the financial statements of Kerr Group, Inc. as of and for the years ended December 31, 1996 and 1995. On November 6, 1997, our appointment as principal accountants was terminated. We have read Kerr Group, Inc.'s statements included under Item 4 of its Form 8-K dated November 6, 1997 and we agree with such statements, except that we are not in a position to agree or disagree with Kerr Group, Inc.'s statement that the change was approved by the board of directors. Very truly yours, /s/KPMG Peat Marwick LLP -----END PRIVACY-ENHANCED MESSAGE-----