SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) March 24, 2001
Global Technologies, Ltd.
(Exact Name of Registrant as specified in its charter)
Delaware 0-25668 86-0970492
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
The Belgravia, 1811 Chestnut Street, Suite 120, Philadelphia, PA 19103
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (215) 972-8191
(Former Name or Former Address, if Changed Since Last Report)
INFORMATION TO BE INCLUDED IN THIS REPORT
ITEM 5. OTHER EVENTS
On March 24, 2001, The Network Connection, Inc., a Georgia corporation
("TNCi") and an approximately 70% subsidiary of Global Technologies, Ltd., a
Delaware corporation (the "Registrant"), filed a voluntary petition for relief
under Chapter 11 of Title 11 of the United States Code with the United States
Bankruptcy Court for the Eastern District of Pennsylvania, in Philadelphia. The
case number is 01-14306. TNCi continues to maintain its assets, operate its
businesses and manage its affairs as a debtor-in-possession pursuant to the
provisions of the Bankruptcy Code.
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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.
GLOBAL TECHNOLOGIES, LTD.
Dated: April 4, 2001 By: /s/ Irwin L. Gross
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Name: Irwin L. Gross
Title: Chairman and
Chief Executive Officer
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