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): November 5, 1997
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Exact Name of Registrant as
Specified in Its Charter: DDL ELECTRONICS, INC.
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DELAWARE 1-8101 33-0213512
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State or Other Jurisdiction of Commission I.R.S. Employer
Incorporation or Organization File Number Identification No.
Address of Principal Executive Offices: 2151 Anchor Court
Newbury Park, CA 91320
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Registrant's Telephone Number, Including
Area Code: (805) 376-9415
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Former Name or Former Address,
if Changed Since Last Report: Not applicable
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Item 5. Other Events.
In a Form 8-K filed on September 29, 1997, DDL Electronics, Inc.
("DDL") reported that DDL had commenced litigation against Century
Electronics Manufacturing, Inc. ("Century") over Century's breach of a
financing agreement entered into in May 1997. On November 5, 1997, DDL and
Century entered into a settlement agreement which generally releases and
resolves all claims between them. As a result of that agreement all
pending litigation will be dismissed. As a part of the settlement
agreement, DDL received a small equity interest in Century.
SIGNATURE
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.
DDL ELECTRONICS, INC.
November 7, 1997 /s/ Richard K. Vitelle
_________________________________ ___________________________________
Date Richard K. Vitelle
Vice President - Finance
(Principal Financial Officer)
