0000004457-16-000120.txt : 20161011 0000004457-16-000120.hdr.sgml : 20161011 20161011160335 ACCESSION NUMBER: 0000004457-16-000120 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140925 ITEM INFORMATION: Other Events FILED AS OF DATE: 20161011 DATE AS OF CHANGE: 20161011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERCO /NV/ CENTRAL INDEX KEY: 0000004457 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510] IRS NUMBER: 880106815 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11255 FILM NUMBER: 161931149 BUSINESS ADDRESS: STREET 1: 5555 KIETZKE LANE STE 100 CITY: RENO STATE: NV ZIP: 89511 BUSINESS PHONE: 7756886300 MAIL ADDRESS: STREET 1: 5555 KIETZKE LANE STREET 2: SUITE 100 CITY: RENO STATE: NV ZIP: 89511 FORMER COMPANY: FORMER CONFORMED NAME: AMERCO DATE OF NAME CHANGE: 19770926 8-K/A 1 8kalitigation.htm UHI - PEI LITIGATION

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K/A

(Amendment No. 2)

 

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 25, 2014

 

AMERCO

(Exact name of registrant as specified in its charter)

 

 

 

 

Nevada

1-11255

88-0106815

(State or other jurisdiction of

(Commission File Number)

(I.R.S. Employer Identification No.)

incorporation)

 

 

 

5555 Kietzke Lane, Ste. 100

Reno, Nevada 89511

(Address of principal executive offices including zip code)

 

(775) 688-6300

(Registrant’s telephone number, including area code)

 

Not Applicable

(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:

 

[ ] 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))

 

 




 


Item 8.01   Other Events

 

On October 10, 2016, U-Haul International, Inc. (“U-Haul”) and PODS Enterprises, LLC (“PEI”) entered into a Settlement Agreement which concludes the litigation between U-Haul and PEI.  As part of the agreement, U-Haul will pay $41.4 million to PEI. 

U-Haul had previously recorded a $60.7 million accrual in the fourth quarter of fiscal 2015, a $5.0 million accrual in the second quarter of fiscal 2016, along with $0.3 million of additional interest accruals between March 2015 and September 2016.  U-Haul will record the $24.6 million difference between the accrued contingency and the final settlement amount as a reduction in operating expenses in the second quarter of fiscal 2017 AMERCO financial statements.

 

 

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.

 

AMERCO

(Registrant)

 

/s/ Jason A. Berg

Jason A. Berg

Chief Financial Officer

 

Date: October 11, 2016