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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)*
Under the Securities Exchange Act of 1934
MEDICAL ALLIANCE, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
58449S 10 5
(CUSIP Number)
December 31, 1998
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
Page 1 of 10 Pages
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CUSIP No. 58449S 10 5 13G Page 2 of 10 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mapleleaf Capital, Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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5 SOLE VOTING POWER
NUMBER OF
SHARES 738,330
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0
PERSON ------------------------------------------------
WITH: 7 SOLE DISPOSITIVE POWER
738,330
------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
740,830
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.1%
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12 TYPE OF REPORTING PERSON
PN
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CUSIP No. 58449S 10 5 13G Page 3 of 10 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Patrick Rivelli
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF
SHARES 8,900
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 999,193
PERSON ------------------------------------------------
WITH: 7 SOLE DISPOSITIVE POWER
8,900
------------------------------------------------
8 SHARED DISPOSITIVE POWER
999,193
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,010,593
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.5%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP No. 58449S 10 5 13G Page 4 of 10 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
James Silcock
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 999,193
PERSON ------------------------------------------------
WITH: 7 SOLE DISPOSITIVE POWER
0
------------------------------------------------
8 SHARED DISPOSITIVE POWER
999,193
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,001,693
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
16.4%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP No. 58449S 10 5 13G Page 5 of 10 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Sunwestern Managers, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
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5 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 0
PERSON ------------------------------------------------
WITH: 7 SOLE DISPOSITIVE POWER
0
------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
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12 TYPE OF REPORTING PERSON
CO
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Item 1(a). Name of Issuer.
The name of the Issuer is Medical Alliance, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
The Issuer's principal executive offices are located at 2445
Gateway Drive, Suite 150, Irving, Texas 75063.
Item 2(a). Name of Person Filing.
This statement is being filed on behalf of Patrick Rivelli,
James Silcock, Sunwestern Managers, Inc. ("Sunwestern") and
Mapleleaf Capital, Ltd. ("Mapleleaf").
Item 2(b). Address of Principal Business Office or, if none, Residence.
The address of the principal business office of Patrick
Rivelli, James Silcock, Sunwestern and Mapleleaf is 12221
Merit Drive, Suite 935, Dallas, Texas 75251.
Item 2(c). Citizenship.
Patrick Rivelli and James Silcock are citizens of the United
States. Sunwestern is a Texas corporation. Mapleleaf is a
Texas limited partnership.
Item 2(d). Title of Class of Securities.
This statement relates to shares of Common Stock of the Issuer
(the "Common Stock").
Item 2(e). CUSIP Number.
The CUSIP No. for the shares of Common Stock of the Issuer is
58449S 10 5.
Item 3. Not Applicable.
Item 4. Ownership.
(a)-(b) As of December 31, 1998, Patrick Rivelli beneficially
owned 1,010,593 shares, or 16.5%, of the Common Stock. Mr.
Rivelli beneficially owned 740,830 of such shares as a
General Partner of Mapleleaf, 125,214 of such shares as
General Partner of Sunwestern Investment Fund III
("Investment Fund"), 135,649 of such shares as a General
Partner of Sunwestern Cayman 1988 Partners ("Investment
Partners"), and 8,900 shares in his individual capacity.
Page 6 of 10 Pages
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As of December 31, 1998, James Silcock beneficially owned
1,001,693 shares, or 16.4%, of the Common Stock. Mr. Silcock
beneficially owned 740,830 of such shares as a General Partner
of Mapleleaf, 125,214 of such shares as a General Partner of
Investment Fund and 135,649 of such shares as a General
Partner of Investment Partners.
As of December 31, 1998, Mapleleaf beneficially owned 740,830
shares, or 12.1%, of the Common Stock. Mapleleaf beneficially
owned 738,330 of such shares directly and 2,500 of such shares
by ownership of options.
As of December 31, 1998, Sunwestern did not beneficially own
any shares of the Common Stock. Sunwestern is a party to a
Management Agreement (the "Management Agreement") with
Investment Fund and Investment Partners, pursuant to which it
has agreed to manage the day to day operations of Investment
Fund and Investment Partners. The Management Agreement does
not vest Sunwestern with the power to vote and dispose of the
135,649 of such shares held by Investment Partners or the
125,214 of such shares held by Investment Fund. Patrick
Rivelli and James Silcock are the sole shareholders, directors
and officers of Sunwestern.
(c)(i)-(iv) Voting and Dispositive Power
Patrick Rivelli has the sole power to vote or direct the vote
of 8,900 shares of Common Stock. As a General Partner of
Mapleleaf, Investment Partners and Investment Fund, Patrick
Rivelli shares power to vote or to direct the vote of 999,193
shares of Common Stock. Patrick Rivelli has the sole power to
dispose or direct the disposition of 8,900 shares of Common
Stock. As a General Partner of Mapleleaf, Investment Partners
and Investment Fund, Patrick Rivelli shares power to dispose
or to direct the disposition of 999,193 shares of Common
Stock. See also Items 5-9 hereof.
James Silcock does not have the sole power to vote or direct
the vote of any shares of Common Stock. As a General Partner
of Mapleleaf, Investment Partners and Investment Fund, James
Silcock shares power to vote or to direct the vote of 999,193
shares of Common Stock. James Silcock does not have the sole
power to dispose or direct the disposition of any shares of
Common Stock. As a General Partner of Mapleleaf, Investment
Partners and Investment Fund, James Silcock shares power to
dispose or to direct the disposition of 999,193 shares of
Common Stock. See also Items 5-9 hereof.
Through its General Partners, Patrick Rivelli and James
Silcock, Mapleleaf has the sole power to vote or to direct the
vote of 738,330 shares of Common Stock. Mapleleaf does not
share power to vote or direct the vote of any Common Stock.
Through its General Partners, Patrick Rivelli and James
Silcock, Mapleleaf has the sole power to dispose or direct the
disposition 738,330 shares of Common Stock. Mapleleaf does not
share power to dispose or direct the disposition of any Common
Page 7 of 10 Pages
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Stock. Mapleleaf does not have the power to dispose of or to
vote 2,500 shares beneficially owned through options. See also
Items 5-9 hereof.
Sunwestern does not share or have sole power to vote or direct
the vote of any shares of Common Stock. Sunwestern does not
share or have sole power to dispose or direct the disposition
of any shares of Common Stock. See also Items 5-9 hereof.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [X].
Instruction: Dissolution of a group requires a response to
this item.
Sunwestern does not now have, and has never had, the power
under the terms of the Management Agreement to direct the vote
or the disposition of any shares of Common Stock by Investment
Partners or Investment Fund. The power to direct the vote and
the disposition of the any shares of Common Stock held by
each of Investment Partners and Investment Fund is vested
solely in their respective General Partners, James Silcock and
Patrick Rivelli. Therefore, as of December 31, 1998,
Sunwestern was not deemed to be the beneficial owner of the
shares of Common Stock owned by Investment Fund or Investment
Partners or to be the beneficial owner of more than five
percent of the Common Stock.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Certain other persons may have the right to receive a portion
of the proceeds from the sale of the shares of Common Stock
disclosed herein. None of such persons' interest exceeds five
percent of the outstanding Common Stock.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
Not applicable
Page 8 of 10 Pages
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CUSIP No. 58449S 10 5 13G Page 9 of 10 Pages
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After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Date: February 12, 1999
/s/Patrick Rivelli
-------------------------------------
Patrick Rivelli
/s/James Silcock
-------------------------------------
James Silcock
SUNWESTERN MANAGERS, INC.
By:/s/James Silcock
----------------------------------
Name: James Silcock
Its: Vice President
MAPLELEAF CAPITAL, LTD.
By:/s/James Silcock
----------------------------------
Name: James Silcock
Its: General Partner
<PAGE> 10
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CUSIP No. 58449S 10 5 13G Page 10 of 10 Pages
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Exhibit A
Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General
Rules and Regulations of the Securities and Exchange Commission under the
Securities Exchange Act of 1934, as amended, the undersigned agree that the
statement to which this Exhibit is attached is filed on behalf of each of them
in the capacities set forth hereinbelow.
Date: February 12, 1999
/s/ PATRICK RIVELLI
-------------------------------------
Patrick Rivelli
/s/ JAMES SILCOCK
-------------------------------------
James Silcock
SUNWESTERN MANAGERS, INC.
By: /s/ JAMES SILCOCK
----------------------------------
Name: James Silcock
Its: Vice President
MAPLELEAF CAPITAL, LTD.
By: /s/ JAMES SILCOCK
----------------------------------
Name: James Silcock
Its: General Partner
