A Form 8-K is a broad form used to notify investors of any material event that is important to shareholders or the SEC and is one of the most common types of forms filed with the SEC.
The form filed by JRC alleged that a guy wire to an electrical pole was broken and swaying near an energised high voltage transmission line in Leslie County, Kentucky.
Upon issuance of the imminent danger order, the high voltage transmission line was disconnected and the guy wire was removed.
JRC also filed a Form 8-K on April 11, noting its entry into a material definitive agreement following the company filing for a chapter 11 reorganisational bankruptcy order.
The company entered into the superiority debtor-in-possession credit agreement dated April 7, 2014.
The agreement provided for a term loan facility in an aggregate principal amount of up to $US110 million ($A117 million) from a syndicate of lenders, with Cantor Fitzgerald Securities acting as administrative agent and collateral agent.
