-----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, UEs6pHV8bmKhMEzoRqqYzQ/ZFMG6gW4m2MCuQy8HKxZN47ipuJL21g74oCqPSbUy /PlN05Lq93PH4duTgh/zsg== 0000911420-01-500032.txt : 20010703 0000911420-01-500032.hdr.sgml : 20010703 ACCESSION NUMBER: 0000911420-01-500032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010615 ITEM INFORMATION: FILED AS OF DATE: 20010702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ILM I LEASE CORP CENTRAL INDEX KEY: 0000932091 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 043248637 STATE OF INCORPORATION: VA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25878 FILM NUMBER: 1673734 BUSINESS ADDRESS: STREET 1: 1750 TYSONS BLVD STREET 2: STE 1200 CITY: TYSONS CORNER STATE: VA ZIP: 22102 BUSINESS PHONE: 8882573550 MAIL ADDRESS: STREET 1: 1750 TYSONS BLVD STREET 2: SUTIE 1200 CITY: TYSONS CORNER STATE: VA ZIP: 22102 8-K 1 d756119.txt CURRNT 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 Date of Report (Date of earliest event reported): June 15, 2001 Commission File Number: 0-25878 ILM I LEASE CORPORATION ----------------------- (Exact name of registrant as specified in its charter) Virginia 04-3248637 ----------------------- (I.R.S. Employer (State of organization) ------------------------ Identification No.) 1750 Tysons Boulevard, Suite 1200, Tysons Corner, Virginia 22102 - ---------------------------------------------------------- ---------------- (Address of principal executive office) (Zip Code) (888) 257-3550 -------------- (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS. On June 15, 2001, upon a motion for judicial dissolution brought by ILM I Lease Corporation (the "Company"), a Virginia Circuit Court residing in Fairfax County, Virginia (the "Court"), granted such motion and ordered that the Company immediately be liquidated, dissolved and its affairs wound up, all pursuant to the Virginia Stock Corporation Act. The Company sought this relief because since August 15, 2000, the Company's operations permanently ceased, the Company no longer is a going concern and is nearly insolvent. In addition, the Company lacks financial, administrative and other resources sufficient to seek shareholder approval of such liquidation, dissolution and winding-up. The Company believes that, upon liquidation, it will be able to pay in full all of its creditors and, to the extent any assets are then remaining (which the Company is unable to ascertain at this time), the Company would seek to pay to its shareholders a liquidating distribution. However, the Company believes that after the payment of creditors, the amount of the per share liquidating distribution, if any, would be nominal. Upon the winding up of the Company's affairs, the Company intends to seek a court order terminating the Company's corporate existence. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Not Applicable. (b) Not Applicable. (c) The following Exhibits are filed as part of this Current Report on Form 8-K: 99.1 Press Release relating to Judicial Dissolution of the Company. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ILM I LEASE CORPORATION By: /s/Jeffry R. Dwyer ------------------- Jeffry R. Dwyer President Dated: June 29, 2001 EXHIBIT INDEX ------------- Page No. 99.1 Press Release relating to Judicial 4 Dissolution of the Company. EX-99.1 2 e756119.txt PRESS RELEASE EXHIBIT 99.1 ILM I LEASE CORPORATION ORDERED TO LIQUIDATE AND DISSOLVE June 29, 2001, Tyson's Corner, Virginia: ILM I Lease Corporation today announced that on June 15, 2001, upon a motion for judicial dissolution brought by it, a Virginia Circuit Court residing in Fairfax County, Virginia granted such motion and ordered that ILM I Lease Corporation immediately be liquidated, dissolved and its affairs wound up, all pursuant to the Virginia Stock Corporation Act. ILM I Lease Corporation sought this relief because since August 15, 2000, ILM I Lease Corporation's operations permanently ceased, it no longer is a going concern and is nearly insolvent. In addition, ILM I Lease Corporation lacks financial, administrative and other resources sufficient to seek shareholder approval of such liquidation, dissolution and winding-up. ILM I Lease Corporation believes that, upon liquidation, it will be able to pay in full all of its creditors and, to the extent any assets are then remaining (which ILM I Lease Corporation is unable to ascertain at this time), would seek to pay to its shareholders a liquidating distribution. However, ILM I Lease Corporation believes that after the payment of creditors, the amount of the per share liquidating distribution would be nominal. Upon the winding up of ILM I Lease Corporation's affairs, ILM I Lease Corporation intends to seek a court order terminating its corporate existence. Contact: Jeffry R. Dwyer (888) 257-3550 THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS" BASED ON OUR CURRENT EXPECTATIONS AND PROJECTIONS ABOUT FUTURE EVENTS. THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE OUR ACTUAL RESULTS TO DIFFER MATERIALLY FROM HISTORICAL RESULTS OR THOSE ANTICIPATED AND CERTAIN OF WHICH ARE BEYOND OUR CONTROL. THE WORDS "BELIEVE," "EXPECT," "ANTICIPATE" AND SIMILAR EXPRESSIONS IDENTIFY FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO PUBLICLY UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. -----END PRIVACY-ENHANCED MESSAGE-----