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 event reported: April 23, 2002


                          DANIELSON HOLDING CORPORATION
                         --------------------------------
                  (Exact Name of Registrant as Specified in Charter)


Delaware                            1-6732                   95-6021257
---------                          -------                  -----------
(State of Incorporation)            (Commission File         (IRS Employer
                                     Number)                 Identification No.)



767 Third Avenue,          New York, New York          10017
- ----------------------------------------------------------------
(Address of Principal Executive Offices)             (Zip Code)

Registrant's telephone number, including area code:  (212) 888-0347

Item 9.  Regulation FD Disclosure

     On  April  23,  2002,  Danielson  Holding  Corporation  (the  "Registrant")
conducted a presentation to shareholders. During the presentation, the following
year one guidance for the  Registrant  was given,  pro forma for the  previously
announced  proposed  acquisition  of  American  Commercial  Lines  Holdings  LLC
("ACL"):   Total  Revenue  -  $910.0  -  $940.0  million,   EBITDA  from  Marine
Transportation   Services   Operations   (which   represents   combined   EBITDA
contribution  from ACL, Global  Material  Services LLC and Vessel Leasing LLC) -
$110.0  -  $125.0   million  and  Targeted   Annualized   Total  Debt  Reduction
approximately $25 million.


     THIS CURRENT  REPORT ON FORM 8-K CONTAINS  FORWARD-LOOKING  STATEMENTS  (AS
DEFINED IN SECTION  27A OF THE  SECURITIES  ACT OF 1933 AND  SECTION  21E OF THE
SECURITIES  EXCHANGE ACT OF 1934) THAT INVOLVE  RISKS AND  UNCERTAINTIES.  THESE
STATEMENTS  MAY DIFFER  MATERIALLY  FROM ACTUAL FUTURE  EVENTS OR RESULTS.  AS A
RESULT, NO ASSURANCES CAN BE GIVEN AS TO FUTURE RESULTS,  LEVELS OF ACTIVITY AND
ACHIEVEMENTS.  ANY  FORWARD-LOOKING  STATEMENTS  SPEAK  ONLY AS OF THE  DATE THE
STATEMENT WAS MADE. THE REGISTRANT  UNDERTAKES NO OBLIGATION TO PUBLICLY  UPDATE
OR REVISE ANY FORWARD-LOOKING STATEMENT, AS A RESULT OF NEW INFORMATION,  FUTURE
EVENTS  OR  OTHERWISE.  READERS  ARE  REFERRED  TO ALL  DOCUMENTS  FILED  BY THE
REGISTRANT WITH THE SECURITIES AND EXCHANGE COMMISSION, WHICH IDENTIFY IMPORTANT
RISK FACTORS THAT COULD CAUSE ACTUAL  RESULTS TO DIFFER FROM THOSE  CONTAINED IN
ANY FORWARD-LOOKING 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 thereunto duly authorized.




                                            DANIELSON HOLDING CORPORATION

Dated: April 23, 2002

                                            By:/s/ David M. Barse
                                                   David M. Barse
                                                   President

                                               /s/ Michael Carney
                                                   Michael Carney
                                                   Chief Financial Officer