ROSE HILLS CO
8-K, 1999-06-02
PERSONAL SERVICES
Previous: YOUNG & RUBICAM INC, SC 13D/A, 1999-06-02
Next: IMPACT MANAGEMENT INVESTMENT TRUST, N-30D, 1999-06-02



<PAGE>

                       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 June 2, 1999



                        Commission file number 333-21411

                               _________________


                               ROSE HILLS COMPANY
             (Exact name of registrant as specified in its charter)


            Delaware                                         13-3915765
(State or other jurisdiction of                          (I.R.S. Employer
incorporation or organization)                           Identification No.)


                          3888 South Workman Mill Road
                           Whittier, California 90601
              (Address of principal executive offices) (Zip Code)

                                 (562) 692-1212
               Registrant's telephone number, including area code


                                      N/A
(Former name, former address and former fiscal year, if changed since last
 report)

                               _________________
<PAGE>

ITEM 5. OTHER EVENTS.

On June 1, 1999, the Loewen Group Inc. (Loewen) announced that its Board of
Directors authorized it to file a voluntary petition to reorganize under Chapter
11 of the U.S. Bankruptcy Code, as well as an application for creditor
protection under the Companies Creditors Arrangement Act in Canada.  Loewen
beneficially owns 20.45% of the common stock of Rose Hills Holdings Corp., the
parent of the Rose Hills Company (Rose Hills).

Rose Hills and Loewen are parties to an Administrative Services Agreement that
entitles Rose Hills to receive from Loewen certain administrative support
services, including accounting services, computer, telecommunications, general
operations support, legal services, environmental compliance, regulatory
compliance, employee training and corporate development.  Rose Hills has elected
not to use substantially all of the administrative support to which it is
entitled under the agreement, electing instead to maintain or procure these
services independently.  Accordingly, Rose Hills has maintained its own support
functions and does not currently anticipate any operational difficulties as a
result of Loewen's filings for creditor protection.

Further, Rose Hills does not expect Loewen's filings for creditor protection to
have any immediate effect on Rose Hills' liquidity position.


ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

  None


                                   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.

Dated: June 2, 1999


                                          Rose Hills Company


                                           /s/ Kenton C. Woods
                                          --------------------------------
                                               Kenton C. Woods
                                          Senior Vice President, Finance,
                                          Chief Financial Officer,
                                          Secretary and Treasurer


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission