Attached files
================================================================================
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): October 15, 2009
Lehman ABS Corporation, on behalf of:
CORPORATE BACKED TRUST CERTIFICATES, SERIES 2001-27 TRUST
-----------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Delaware 001-31848 13-3447441
--------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification No.)
Lehman ABS Corporation
1271 Avenue of the Americas, New York, New York 10020
--------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (646) 285-9000
----------------
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
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(b) under the Exchange Act (17
CFR 240.14a-12(b))
[_] 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))
================================================================================
The Corporate Backed Trust Certificates, Series 2001-27 Trust, which we refer to
herein as the "Trust," was formed pursuant to the Standard Terms for Trust
Agreements, dated as of January 16, 2001, between Lehman ABS Corporation, as
depositor, and U.S. Bank Trust National Association, as trustee (the "Trustee"),
as supplemented by the Series Supplement in respect of the Trust dated as of
June 28, 2001.
The Registrant is a wholly-owned, indirect subsidiary of Lehman Brothers
Holdings Inc. ("LBHI"), which filed a voluntary petition (the "Petition") for
relief under Chapter 11 of the United States Code in the United States
Bankruptcy Court for the Southern District of New York on September 15, 2008 in
a jointly administered proceeding named In re Lehman Brothers Holdings Inc., et.
al. under Case Number 08-13555. LBHI and its wholly-owned broker-dealer, Lehman
Brothers Inc., have sold since September 15, 2008 significant businesses,
including the sale on September 21, 2008 of the investment banking business to
Barclays Capital Inc., which business included the employees who historically
conducted the Registrant's business. As a result of the foregoing, the
Registrant discontinued its securitization business and the individuals
previously involved in such securitization business are no longer employed by
the Registrant's affiliates and, accordingly, the Registrant was unable to
timely file this Current Report on Form 8-K.
Item 8.01. OTHER EVENTS
On October 15, 2009, distribution was made to the holders of the certificates
issued by the Trust. Specific information with respect to the distribution is
filed as Exhibit 99.1 hereto.
No other reportable transactions or matters have occurred during the current
reporting period.
Royal Caribbean Cruises Ltd. ("Royal Caribbean"), the issuer of the underlying
securities, is subject to the information reporting requirements of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"). For
information on Royal Caribbean please see its periodic and current reports filed
with the Securities and Exchange Commission (the "Commission") under Royal
Caribbean's Exchange Act file number, 001-11884. The Commission maintains a site
on the World Wide Web at "http://www.sec.gov" at which users can view and
download copies of reports, proxy and information statements and other
information filed electronically through the Electronic Data Gathering, Analysis
and Retrieval system, or "EDGAR." Periodic and current reports and other
information required to be filed pursuant to the Exchange Act by Royal Caribbean
may be accessed on this site. Neither Lehman ABS Corporation nor the Trustee has
participated in the preparation of such reporting documents, or made any due
diligence investigation with respect to the information provided therein.
Neither Lehman ABS Corporation nor the Trustee has verified the accuracy or
completeness of such documents or reports. There can be no assurance that events
affecting the issuer of the underlying securities or the underlying securities
themselves have not occurred or have not yet been publicly disclosed which would
affect the accuracy or completeness of the publicly available documents
described above.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) The following exhibit is filed as part of this report:
99.1 Trustee's Distribution Statement to the Corporate Backed Trust
Certificates, Series 2001-27 Certificate Holders for the
period ending October 15, 2009.
2
SIGNATURE
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 thereunto duly authorized. In preparing this report the Registrant
has relied on information provided to it by the Trustee.
Date: November 3, 2009
Lehman ABS Corporation
By: /s/ William Fox
--------------------------------
Name: William Fox
Title: Chief Financial Officer,
Controller and Senior Vice
President
3
EXHIBIT INDEX
Exhibit Number Description
-------------- -----------
99.1 Trustee's Distribution Statement to the Corporate Backed Trust
Certificates, Series 2001-27 Certificate Holders for the
period ending October 15, 2009
4