-----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, KYqWsLyMQVobDYgEn6ZuUrUgHai6CUCqhRFJegUj1eZ2oO2z3mPsPavS9VrE9Nbo g4pa/ehXMkEthUC6ff/fYA== 0001016193-96-000124.txt : 19961225 0001016193-96-000124.hdr.sgml : 19961225 ACCESSION NUMBER: 0001016193-96-000124 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961220 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 19961224 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: BONNEVILLE PACIFIC CORP CENTRAL INDEX KEY: 0000795182 STANDARD INDUSTRIAL CLASSIFICATION: COGENERATION SERVICES & SMALL POWER PRODUCERS [4991] IRS NUMBER: 870363215 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14846 FILM NUMBER: 96685970 BUSINESS ADDRESS: STREET 1: 50 W 300 SOUTH STREET 2: SUITE 300 CITY: SALT LAKE CITY STATE: UT ZIP: 84101 BUSINESS PHONE: 8013632520 MAIL ADDRESS: STREET 1: 330 EAST MAIN ST STREET 2: SUITE 201 CITY: BARRINGTON STATE: IL ZIP: 60010 8-K 1 CURRENT REPORT 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. December 20, 1996 Date of Report (Date of earliest event reported) BONNEVILLE PACIFIC, CORPORATION (Exact name of Registrant as specified in its charter) Delaware 0-14846 87-0363215 State of Commission File No. IRS Employer Incorporation Identification No. 50 West 300 South, Suite 300 Salt Lake City, UT 84101 (Address of principal executive offices) (801) 363-2520 (Registrant's telephone number) Item 4. Change in Registrant's Certifying Accountant On December 5, 1991, the Registrant filed a petition in the United States Bankruptcy Court for the District of Utah, Central Division, Case No.91A-27701, seeking protection under Chapter 11 of the Federal Bankruptcy Code. Subsequent to the filing of such petition, the Registrant applied to the Securities and Exchange Commission (the "Commission") to modify the Registrant's reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On April 9, 1992, the Commission indicated that it would raise no objection if the Registrant modified its reporting obligations under the Exchange Act. Accordingly, the Registrant has not had audited financial statements since 1990 and has had not retained any independent accountant to audit its financial statements since such date. Roger G. Segal was appointed as the Trustee of the Registrant (the "Trustee") on June 12, 1992 and has served as Trustee since that date. Subsequent to June 12, 1992, the Trustee did not reappoint and did not use the services of the Registrant's former independent certifying accountant and eventually initiated litigation against such accounting firm (as well as against other persons and entities) alleging breach of duty, malpractice and other wrong doings. The litigation against the former independent certifying accountant was ultimately settled without it admitting any liability for the claims made by the Trustee. Such accounting firm paid the Trustee $65,000,000 as part of such settlement. During the last two years, the Registrant has settled a number of the claims which it had made against members of former management, various professionals and others. As a result of such settlements and the improved operating results of the Registrant's continuing operations, the Trustee believes that it is now in the best interests of the Bankruptcy Estate for the Registrant to obtain audits of the financial statements for the last two fiscal years and for the fiscal year ending December 31, 1996. After reviewing the Registrant's auditing requirements, and the costs associated therewith, in December, 1996, the Trustee determined that the accounting firm of Hein + Associates LLP be appointed as the Registrant's certifying independent public accountant. Hein + Associates LLP has been the auditor of the Registrant's wholly-owned subsidiary, Bonneville Fuels Corporation, since 1994. The Trustee filed an Application requesting the Bankruptcy Court's approval of the appointment of such accounting firm as the Registrant's independent certifying accountant for the fiscal years ended December 31, 1994, 1995 and 1996. On December 20, 1996, the Bankruptcy Court signed an Order authorizing the appointment of Hein + Associates LLP as the Registrant's independent certifying accountant for the fiscal years ended December 31, 1994, 1995 and 1996 effective as of December 20, 1996. SIGNATURE Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: December 24, 1996 Bonneville Pacific Corporation. By /s/ Roger G. Segal Roger G. Segal, Chapter ll Trustee By /s/ R. Steven Blackham R. Steven Blackham, Assistant Controller -----END PRIVACY-ENHANCED MESSAGE-----