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LTV Corp. took a big step toward resolving its 4 1/2-year-old bankruptcy case by agreeing in broad terms to pay $3.1 billion to under-funded pension plans.
Feb. 27, 1991
The government today took over the pension plans of the bankrupt LTV Steel Co., the nation’s No. 2 steel maker, but warned the action could trigger the collapse of the federal system insuring corporate pensions.
Jan. 13, 1987
LTV Corp. asked a Bankruptcy Court to overturn its existing labor contract as a way to jump-start talks with the steelworkers’ union over corporate restructuring plans.
June 12, 2001
The Dallas-based company said that it has signed a letter agreement to sell the assets of its wholly owned subsidiary, LTV Steel Specialty Products Co.
Feb. 18, 1986
Robert L.
Sept. 30, 1986
A federal bankruptcy court has granted LTV Corp. an additional 90 days to file its reorganization plan, the steel and aerospace giant said.
Feb. 12, 1988
LTV Corp., the giant conglomerate crippled by monumental losses in its steel and energy divisions, filed for protection today under Chapter 11 of the federal Bankruptcy Code.
July 17, 1986
The Supreme Court ruled Monday that a corporation in bankruptcy can be forced to keep funding its pension plans, heading off a potential multibillion-dollar crisis for the federal agency that insures pensions for nearly 40 million Americans.
June 19, 1990
Trying to calm employee fears, a plant manager said Monday that only 100 to 300 of Loral Corp.’
Aug. 18, 1992
World & Nation
Dolores Hrycyk may someday go back to private life as a doctor’s receptionist.
Jan. 12, 1987