Exhibit Index at Page 3


                       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):     January 18, 2001


                               GENESEE CORPORATION
               (Exact Name of Registrant as Specified in Charter)


   NEW YORK                                 0-1653             16-0445920
(State or other Jurisdiction                (Commission      (IRS Employer
of Incorporation)                           File Number)   Identification No.)


 445 St. Paul Street, Rochester, New York                       14605
(Address of Principal Executive Offices)                     (Zip Code)


Registrant's telephone number, including area code:       (716) 546-1030


Item 5.    Other Events.

           Genesee  Corporation issued a news release on January 18, 2001, which
           is filed with this report as Exhibit 99.


Item 7.    Exhibits.

           An exhibit  filed with this report is identified in the Exhibit Index
at Page 3.


                                       1
<PAGE>







                                   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.

                                                     Genesee Corporation


Date: January 19, 2001                 By      /s/ Mark W. Leunig
                                   Mark W. Leunig, Sr. Vice President and Chief
                                               Administrative Officer







                                       2
<PAGE>





                                  EXHIBIT INDEX

                                                                     Page
Exhibit 99               News Release Dated January 18, 2001           4







                                       3
<PAGE>




                                                          Exhibit 99

FOR IMMEDIATE RELEASE                              CONTACT:  Mark W.Leunig
                                              Director  of  Investor Relations
                                                      (716) 263-9440


          Genesee Corporation Declares Partial Liquidating Distribution


         ROCHESTER,  NEW YORK,  January  18,  2001 - The Board of  Directors  of
Genesee  Corporation  (NASDAQ/NMS:  GENBB) today declared a partial  liquidating
distribution of $7.50 per share, payable on March 1, 2001 to Class A and Class B
shareholders   of  record  on  February  20,  2001.   The  partial   liquidating
distribution  announced today is the first of what is expected to be a series of
liquidating  distributions  pursuant to the plan of liquidation  and dissolution
approved by the Corporation's shareholders on October 19, 2000.

         The   liquidating   distribution   announced   today   distributes   to
shareholders a portion of the proceeds received by the Corporation from the sale
of its brewing and  equipment  leasing  businesses,  after making  provision for
taxes and reserves  for  contingent  liabilities  and  post-closing  obligations
related  to  those  transactions.  "We  expect  to make  additional  liquidating
distributions  as the contingent  liabilities and  post-closing  obligations are
discharged and the Corporation  receives payment from High Falls Brewing Company
on the promissory  notes that financed a portion of the brewing  business sale,"
said Mark W. Leunig,  Senior Vice President and Chief Administrative  Officer of
the  Corporation.  Other  factors  that will  affect  the  amount  and timing of
additional liquidating  distributions include the amount that will ultimately be
realized from and the timing of the sale of the Corporation's foods business and
other assets,  which will depend on the terms of the transactions in which those
assets are sold;  the payment or provision  for the payment of debts,  expenses,
taxes and other  liabilities  of the  Corporation;  and the  timing  and cost of
liquidating and winding up the Corporation's business and affairs.



                                       4
<PAGE>



NOTE:  Statements made in this news release  regarding the payment of additional
liquidating distributions are forward-looking  statements.  Such forward-looking
statements are subject to a number of risks and uncertainties,  and there can be
no  assurance  that  the  expectations  reflected  in those  statements  will be
realized or achieved. Such risks and uncertainties include,  without limitation,
the risk of default  by High Falls  Brewing  Company  on its  payment  and other
obligations under the promissory notes held by the Corporation; risks associated
with continued ownership and operation of the foods business; the possibility of
delay in finding buyers and completing the divestiture of the foods business and
other  assets  of  the   Corporation;   possible   contingent   liabilities  and
post-closing  indemnification and other obligations arising from the sale of the
Corporation's  brewing and equipment  leasing  businesses;  and risks associated
with the  liquidation  and  dissolution of the  Corporation,  including  without
limitation,  settlement of the Corporation's liabilities and obligations,  costs
incurred  in  connection   with  carrying  out  the  plan  of  liquidation   and
dissolution,  the  amount of income  earned on the  Corporation's  cash and cash
equivalents and short-term  investments  during the liquidation  period, and the
actual timing of liquidating distributions.

Copies of Genesee  Corporation  news  releases are  available  free of charge by
calling PRNewswire's Company News On Call at 800-758-5804,  Extension 352775, or
on the Internet at http;//www.prnewswire.com/cno



                                     - END -



                                       5
<PAGE>
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "GENESEE DECLARES PARTIAL LIQUIDATING DISTRIBUTION", "secsgml_size_bytes": 6171}]
{"company-data": {"conformed-name": "GENESEE CORP", "cik": "0000040934", "assigned-sic": "2082", "irs-number": "160445920", "state-of-incorporation": "NY", "fiscal-year-end": "0503"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-01653", "film-number": "1511840"}, "business-address": {"street1": "445 ST PAUL ST", "city": "ROCHESTER", "state": "NY", "zip": "14605", "phone": "7162639440"}, "mail-address": {"street1": "445 ST PAUL STREET", "city": "ROCHESTER", "state": "NY", "zip": "14605"}, "former-company": {"former-conformed-name": "GENESEE BREWING CO INC", "date-changed": "19880322"}}
Exhibit Index at Page 3

                       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):     January 18, 2001

                               GENESEE CORPORATION
               (Exact Name of Registrant as Specified in Charter)

   NEW YORK                                 0-1653             16-0445920
(State or other Jurisdiction                (Commission      (IRS Employer
of Incorporation)                           File Number)   Identification No.)

 445 St. Paul Street, Rochester, New York                       14605
(Address of Principal Executive Offices)                     (Zip Code)

Registrant's telephone number, including area code:       (716) 546-1030

Item 5.    Other Events.

           Genesee  Corporation issued a news release on January 18, 2001, which
           is filed with this report as Exhibit 99.

Item 7.    Exhibits.

           An exhibit  filed with this report is identified in the Exhibit Index
at Page 3.

                                       1
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.

                                                     Genesee Corporation

Date: January 19, 2001                 By      /s/ Mark W. Leunig
                                   Mark W. Leunig, Sr. Vice President and Chief
                                               Administrative Officer

                                       2
EXHIBIT INDEX

                                                                     Page
Exhibit 99               News Release Dated January 18, 2001           4

                                       3
Exhibit 99

FOR IMMEDIATE RELEASE                              CONTACT:  Mark W.Leunig
                                              Director  of  Investor Relations
                                                      (716) 263-9440

          Genesee Corporation Declares Partial Liquidating Distribution

         ROCHESTER,  NEW YORK,  January  18,  2001 - The Board of  Directors  of
Genesee  Corporation  (NASDAQ/NMS:  GENBB) today declared a partial  liquidating
distribution of $7.50 per share, payable on March 1, 2001 to Class A and Class B
shareholders   of  record  on  February  20,  2001.   The  partial   liquidating
distribution  announced today is the first of what is expected to be a series of
liquidating  distributions  pursuant to the plan of liquidation  and dissolution
approved by the Corporation's shareholders on October 19, 2000.

         The   liquidating   distribution   announced   today   distributes   to
shareholders a portion of the proceeds received by the Corporation from the sale
of its brewing and  equipment  leasing  businesses,  after making  provision for
taxes and reserves  for  contingent  liabilities  and  post-closing  obligations
related  to  those  transactions.  "We  expect  to make  additional  liquidating
distributions  as the contingent  liabilities and  post-closing  obligations are
discharged and the Corporation  receives payment from High Falls Brewing Company
on the promissory  notes that financed a portion of the brewing  business sale,"
said Mark W. Leunig,  Senior Vice President and Chief Administrative  Officer of
the  Corporation.  Other  factors  that will  affect  the  amount  and timing of
additional liquidating  distributions include the amount that will ultimately be
realized from and the timing of the sale of the Corporation's foods business and
other assets,  which will depend on the terms of the transactions in which those
assets are sold;  the payment or provision  for the payment of debts,  expenses,
taxes and other  liabilities  of the  Corporation;  and the  timing  and cost of
liquidating and winding up the Corporation's business and affairs.

                                       4
NOTE:  Statements made in this news release  regarding the payment of additional
liquidating distributions are forward-looking  statements.  Such forward-looking
statements are subject to a number of risks and uncertainties,  and there can be
no  assurance  that  the  expectations  reflected  in those  statements  will be
realized or achieved. Such risks and uncertainties include,  without limitation,
the risk of default  by High Falls  Brewing  Company  on its  payment  and other
obligations under the promissory notes held by the Corporation; risks associated
with continued ownership and operation of the foods business; the possibility of
delay in finding buyers and completing the divestiture of the foods business and
other  assets  of  the   Corporation;   possible   contingent   liabilities  and
post-closing  indemnification and other obligations arising from the sale of the
Corporation's  brewing and equipment  leasing  businesses;  and risks associated
with the  liquidation  and  dissolution of the  Corporation,  including  without
limitation,  settlement of the Corporation's liabilities and obligations,  costs
incurred  in  connection   with  carrying  out  the  plan  of  liquidation   and
dissolution,  the  amount of income  earned on the  Corporation's  cash and cash
equivalents and short-term  investments  during the liquidation  period, and the
actual timing of liquidating distributions.

Copies of Genesee  Corporation  news  releases are  available  free of charge by
calling PRNewswire's Company News On Call at 800-758-5804,  Extension 352775, or
on the Internet at http;//www.prnewswire.com/cno

                                     - END -

                                       5