===========================================================================
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): March 18, 2003
Hughes Electronics Corporation
---------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
===========================================================================
Delaware
---------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
===========================================================================
0-26035 52-1106564
-------------------------- ------------------------
(Commission File Number) (I.R.S. Employer
Identification No.)
========================== ==========================
200 North Sepulveda Boulevard
El Segundo, California 90245
(310) 662-9688
-----------------------------------------------------------------------------
(Address, including zip code and telephone number,
including area code, of registrants' Principal Executive offices)
===========================================================================
Not Applicable
===========================================================================
(Former Name or Former Address, if changed Since Last Report)
===========================================================================
Item 5. OTHER EVENTS
On March 18, 2003, DIRECTV Latin America, LLC, a 75 percent owned
subsidiary of Hughes Electronics Corporation, announced its filing of a
voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy
Code. A copy of the press release relating to such announcement, dated March 18,
2003, is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
In addition, DIRECTV Latin America, LLC announced the retirement of
Kevin N. McGrath as chairman and the appointment of Larry N. Chapman as its
president and chief operating officer. A copy of the press release relating to
such announcement, dated March 18, 2003, is attached hereto as Exhibit 99.2 and
is incorporated herein by reference.
EXHIBIT INDEX
Exhibit No. Exhibit
----------- -------
99.1 Press Release dated March 18, 2003.
99.2 Press Release dated March 18, 2003.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this Report to be signed on its
behalf by the undersigned hereunto duly authorized.
HUGHES ELECTRONICS CORPORATION
(Registrant)
Date: March 19, 2003 By: /s/ MICHAEL J. GAINES
----------------------
Name: Michael J. Gaines
Title: Vice President and
Chief Financial Officer