U.S. Securities and Exchange
Commission Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 20, 2002
LAIDLAW GLOBAL CORPORATION
(Exact Name of Registrant as specified in its charter)
Delaware 33-37203-D 13-4093923
(State or other jurisdiction of (Commission File Number) (IRS Employer Identification Number)
Incorporation)
100 Park Avenue, New York, NY 10017
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 376-8800
Item 4. Changes in Registrant's Certifying Accountant
On November 5, 2002, Eisner, LLP ("Eisner") was dismissed as independent
accountant for Laidlaw Global Corporation ("Registrant" or "Laidlaw"). On
November 4, 2002, Registrant engaged Weinick Sanders Leventhal & Co., LLP as its
new independent accountant for fiscal year ended December 31, 2002. Laidlaw's
decision to replace the Eisner firm is in line with management's overall efforts
to reduce operating expenses.
The report prepared and issued by Eisner on Laidlaw's financial statements
for fiscal year ended December 31, 2001 did not contain any adverse opinion or
disclaimer of opinion, nor were they qualified or modified as to uncertainty,
audit scope or accounting principles, except that the report did raise the issue
about Laidlaw's ability to continue as a going concern.
During Registrant's fiscal year ended December 31, 2001, there were no
disagreements between Laidlaw and Eisner on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure
which, if not resolved to the satisfaction of Eisner, would have caused them to
make a reference to the subject matter of the disagreements in connection with
their reports on the financial statement for such year.
The registrant has requested that Eisner furnish it with a letter
addressed to the Securities and Exchange Commission stating whether it agrees
with the above statements. A copy of the Eisner letter to the Securities and
Exchange Commission dated November 14, 2002 is filed as Exhibit 16.1 to this
Form 8-K/A.
Item 5. Other Events
As of September 20 and 24, 2002 respectively, Messrs. Jean-Marc Beaujolin
and Carlos P. Campbell resigned as directors. On November 5, 2002, Messrs. Jack
Takacs and Michael K. McCraw resigned as directors. No new directors have been
appointed or elected to the Board.
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 of the
undersigned hereunto duly authorized.
Date: November 14, 2002 LAIDLAW GLOBAL CORPORATION
By: /s/ Roger E. Benedelac
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Roger E. Bendelac
Chairman
Exhibit Index
Exhibit no. Description
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16.1 Letter from Eisner LLP