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L F Rothschild Holdings Inc

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BUSINESS
December 29, 1989 | From Associated Press
L. F. Rothschild Holdings Inc., parent of a respected Wall Street brokerage crushed in the 1987 stock market crash, said Thursday that it had reached agreement with creditors on a bankruptcy court reorganization plan. The plan, which needs approval by the U.S. Bankruptcy Court, restructures $101 million in debt on which the parent of L. F. Rothschild & Co. defaulted in June.
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BUSINESS
December 29, 1989 | From Associated Press
L. F. Rothschild Holdings Inc., parent of a respected Wall Street brokerage crushed in the 1987 stock market crash, said Thursday that it had reached agreement with creditors on a bankruptcy court reorganization plan. The plan, which needs approval by the U.S. Bankruptcy Court, restructures $101 million in debt on which the parent of L. F. Rothschild & Co. defaulted in June.
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BUSINESS
July 1, 1989 | From Associated Press
L. F. Rothschild Holdings, parent of a once-venerated Wall Street investment firm that suffered staggering losses from the 1987 stock market collapse, sought Friday to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The filing for protection from creditors does not include L. F. Rothschild & Co., a registered broker-dealer that is Rothschild Holdings' principal subsidiary.
BUSINESS
July 1, 1989 | From Associated Press
L. F. Rothschild Holdings, parent of a once-venerated Wall Street investment firm that suffered staggering losses from the 1987 stock market collapse, sought Friday to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The filing for protection from creditors does not include L. F. Rothschild & Co., a registered broker-dealer that is Rothschild Holdings' principal subsidiary.
NEWS
February 22, 1988 | From Reuters
L. F. Rothschild Holdings Inc., a Wall Street broker reduced by the October crash to a shadow of its former self, said today it will merge with Franklin Savings Corp., a cash-rich Kansas thrift. The mid-sized brokerage house, no relation to the European banking dynasty, became another casualty of the 1987 market collapse that has also claimed E. F. Hutton Group Inc. Franklin Savings, based in Ottawa, Kan., is a leading U.S. savings and loan association with assets of $9.
BUSINESS
January 17, 1989 | From Reuters
L. F. Rothschild & Co. Inc. said today it has withdrawn as a primary dealer, making it the second institution in less than a week to defect from the exclusive club of bond dealers that trade directly with the government. Rothschild, a subsidiary of L. F. Rothschild Holdings Inc., said its departure, which will leave 44 primary dealers to trade with the Federal Reserve, is effective immediately. Scope of Decision Told Rothschild also said it will discontinue its U.S.
BUSINESS
August 24, 1988 | Associated Press
Smith Barney, Harris Upham & Co. confirmed that it dismissed five top executives in an effort to reduce costs in its public finance division. Among those let go were Edward Tirrel, Oscar Carlson, Michael Cherry and James Williams, all managing directors, and J. Dale Lehman, a vice president, a company official said Tuesday. The official said 110 employees remain in the public finance department.
BUSINESS
January 18, 1989 | Reuter
L.F. Rothschild & Co. Inc. said Tuesday that it has withdrawn as a primary dealer, making it the second institution in less than a week to defect from the exclusive club of bond dealers that trade directly with the government. Rothschild, a subsidiary of L.F. Rothschild Holdings Inc., said its departure, which will leave 44 primary dealers to trade with the Federal Reserve, was effective immediately. Rothschild also said it will discontinue its U.S.
BUSINESS
February 24, 1988 | Associated Press
A Massachusetts utility company has begun talks aimed at taking over troubled Public Service Co. of New Hampshire, but not its 36% share of the stalled Seabrook nuclear plant, officials said Tuesday. Public Service, the lead Seabrook owner, sought federal bankruptcy protection last month. The proposed takeover by New England Electric System, based in Westborough, Mass.
BUSINESS
December 8, 1987 | DEBRA WHITEFIELD, Times Staff Writer
Conceding that it can't be the full service investment firm that its management had hoped to become, L. F. Rothschild Holdings Inc. announced Monday that it will lay off about 625 employees in a major restructuring. The decision comes a year after the firm's best known partners resigned in a feud over the company's direction.
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