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): August 30, 2013
The Dolan Company
(Exact Name of Registrant as Specified in Charter)
Delaware | 001-33603 | 43-2004527 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
222 South Ninth Street, Suite 2300 Minneapolis, Minnesota |
55402 | |
(Address of Principal Executive Offices) | (Zip Code) |
(612) 317-9420
(Registrants telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
¨ | 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 (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
1.02 Termination of a Material Definitive Agreement
In connection with the Companys previously announced plan to restructure its National Default Exchange (NDeX) unit, the Company has ceased providing services undertaken in connection with residential mortgage defaults (the Services) in Michigan, with the exception of certain continuing technology services. The Company entered into a Purchase and Settlement Agreement on August 30, 2013, with the affected parties which, among other things, provides for the sale of certain assets related to the Services previously provided to the Companys Michigan law firm affiliate.
The Purchase and Settlement Agreement terminates the Services Agreement between American Processing Company, LLC, the Companys majority-owned subsidiary, and Trott & Trott, P.C., which included David A. Trott as a party to that Services Agreement for certain purposes (the Michigan Services Agreement). Under the Michigan Services Agreement, Trott & Trott, P.C., exclusively referred its residential mortgage default files to NDeX for Services, and NDeX provided the Services for a fixed fee.
SIGNATURES
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.
THE DOLAN COMPANY | ||||||
Date: September 3, 2013 |
/s/ Vicki J. Duncomb | |||||
Name: Vicki J. Duncomb | ||||||
Its: Vice President and Chief Financial Officer |