UNITED STATES
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): 11/01/2004
CONSTAR INTERNATIONAL INC.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 000-16496
| Delaware | 13-1889304 | |
| (State or Other Jurisdiction Of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
One Crown Way
Philadelphia, PA 19154-4599
(Address of Principal Executive Offices, Including Zip Code)
215.552.3700
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement
Constar International Inc. announced on November 1, 2004, that it has settled its Oxbar® patent infringement action against Continental PET Technologies, Inc. Under the terms of the settlement, Constar was paid $25.1 million, which will be applied to Constar’s revolving loan facility. A copy of the Settlement Agreement is attached as Exhibit 10.1 to this Report on Form 8-K.
Item 7.01 Regulation FD Disclosure
On November 1, 2004, the Company issued a press release announcing the settlement of its Oxbar patent infringement action against Continental PET Technologies, Inc. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
| 10.1 | Settlement Agreement |
| 99.1 | Press release |
Signature(s)
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.
| CONSTAR INTERNATIONAL INC. | ||||
| Date: November 3, 2004 | By: | /s/ William S. Rymer | ||
| William S. Rymer | ||||
| Executive Vice President and Chief Financial Officer | ||||
Exhibit Index
| Exhibit No. |
Description | |
| EX-10.1 | Settlement Agreement | |
| EX-99.1 | Press Release |