8-K 1 h97908e8vk.txt FIRST SIERRA RECEIVABLES III, INC. - JUNE 1, 2002 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 (Data of earliest event reported) June 1, 2002 FIRST SIERRA RECEIVABLES III, INC. ---------------------------------- (exact name of Registrant as specified in its charter) Delaware 333-12199-01 76-0589331 ------------------------------- ---------------- ------------------- (State or Other Jurisdiction of (Commission File (IRS Employer Incorporation) Number) Identification No.) Suite 1300 600 Travis Street Houston, TX 77002 ----------------- ---------- (Address of Principal Executive) (Zip Code) Registrant's telephone number, including area code: 713-221-8822 Item 1. Business The Registrant is a wholly-owned subsidiary of First Sierra Financial, Inc. formed solely for the purpose of acquiring from First Sierra Financial, Inc. certain leases (the "Leases") and interests in equipment underlying the leases (together the "Receivables") and securitizing the Receivables through the issuance of Certificates. As a bankruptcy remote entity, the Registrant's operations are restricted so that (a) it does not engage in business with, or incur liabilities to, any other entity which may bring bankruptcy proceedings against the Registrant and (b) the risk is diminished that it will be consolidated into the bankruptcy proceedings of any other entity. The Registrant has no other assets except the Receivables and proceeds thereof. Item 2. Acquisition or Disposition of Assets None Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (a) Not Applicable (b) Not Applicable (c) Exhibits 1.1 Servicing Reports for the collection periods ending in June 1, 2002. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. First Sierra Receivables III, Inc. By: /s/ Joel Cappon ------------------------------------------------ Name: Joel Cappon Title: Controller, American Express Business Finance EXHIBIT INDEX

EXHIBIT NUMBER DESCRIPTION ------- ----------- 1.1 Servicing Reports for the collection periods ending in ~~May~~June 1, 2002.

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