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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) April 12, 2007
PERMA-FIX ENVIRONMENTAL SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-11596 58-1954497
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
8302 Dunwoody Place, Suite 250, Atlanta, Georgia 30350
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (770) 587-9898
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(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 (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 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))
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Section 8 - Other Events
Item 8.01 Other events
On April 12, 2007, we were notified by our insurer, American International Group
("AIG"), that it has withdrawn its prior denial of coverage and has agreed to
defend and indemnify us and our Dayton, Ohio subsidiary, Perma-Fix of Dayton,
Inc., in the previously disclosed lawsuit, alleging, among other things, that
Perma-Fix of Dayton, Inc. was operating without appropriate air permits.
The insurer has agreed to reimburse us for reasonable defense costs incurred in
connection with the Dayton litigation prior to the insurer's assumption of the
defense. The insurer's agreement to defend and indemnify us and our Dayton, Ohio
subsidiary is subject to the insurer's reservation of its rights to deny
indemnity pursuant to various policy provisions and exclusions of the policy,
including, without limitation, payment of any civil penalties and fines, as well
as the insurer's right to recoup any defense cost it has advanced in the event
that it is determined that the policy provides no coverage.
The total amount of these costs expected to be recovered from the insurer is
currently being determined.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PERMA-FIX ENVIRONMENTAL
SERVICES, INC.
Dated: April 18, 2007 By: /s/ Steven Baughman
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Steven Baughman
Vice President and
Chief Financial Officer