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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(AMENDMENT NO. 1)
BARNEYS NEW YORK, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE 890333-10-7
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(Title of Class of Securities) (CUSIP Number)
TED S. WAKSMAN, ESQ.
WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153
(212) 310-8000
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(Name, Address and telephone Number of Person Authorized to Receive Notices and
Communications)
AUGUST 18, 2000
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rules 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
Note.Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
Rule 13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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21645.0001
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<S> <C> <C> <C> <C> <C>
CUSIP No. 06808T107 13D Page 2
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1 NAME OF REPORTING PERSON ALLEN I. QUESTROM
S.S. OR I.R.S. IDENTIFICATION NO. NOT APPLICABLE
OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States
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NUMBER OF 7 SOLE VOTING POWER: 0
SHARES ------------------- -------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 0
OWNED BY ------------------- -------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING ------------------- -------------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
0
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.0%
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14 TYPE OF REPORTING PERSON: IN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
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This Amendment No. 1 ("Amendment No. 1") amends the statement on
Schedule 13D (the "Schedule 13D) filed on March 27, 2000, by Allen I. Questrom
(the "Reporting Person" or "Mr. Questrom"), for and on behalf of himself. with
respect to his ownership of common stock, par value $0.01 per share ("Common
Stock"), of Barneys New York, Inc., a Delaware corporation (the "Company").
Capitalized terms used herein and not defined herein have the meanings ascribed
to them in the Schedule 13D.
Item 4. Purpose of Transaction.
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Mr. Questrom resigned as President and Chief Executive Officer of the
Company effective September 15, 2000. As a result of his resignation, and
pursuant to the terms and the termination of his employment agreement effective
as of May 5, 1999 and dated February 1, 2000 between the Company and Mr.
Questrom (the "Employment Agreement"), all options granted to Mr. Questrom under
the Employment Agreement have been forfeited.
Consequently, the stockholders agreement dated as of February 1,
2000, among Bay Harbour Management L.C. ("Bay Harbour"), Whippoorwill
Associates, Inc. ("Whippoorwill") and Mr. Questrom, pursuant to which, among
other things, Mr. Questrom agreed to vote half of his shares as directed by Bay
Harbour and half as directed by Whippoorwill, is of no further effect with
respect to Mr. Questrom or his shares.
The Reporting Person continues to be the Chairman of the Board of
Directors of the Company and, accordingly, continues to be in a position to
influence the operations and activities of the Company.
Except as set forth above, the Reporting Person does not have any
present plans or proposals which relate to or would result in any of the actions
described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
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(a) As of August 18, 2000, the Reporting Person
beneficially owned no shares of Common Stock.
(b) The responses of the Reporting Person to (i) Rows (7)
through (10) of the cover pages of this statement on
Schedule 13D and (ii) Item 5(a) hereof are
incorporated herein by reference.
(c) Except for the transaction described in Item 4
hereof, the Reporting Person has not effected any
transactions in the Common Stock of the Company
during the past 60 days.
(d), (e): Not Applicable
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Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
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In connection with Mr. Questrom's forfeiture of options resulting
from the termination of his Employment Agreement, the Registration Rights
Agreement between Mr. Questrom and the Company dated as of February 1, 2000 has
also been terminated.
In addition, the response to Item 4 hereof is incorporated herein by
reference.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated: August 31, 2000
/s/ Allen I. Questrom
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Allen I. Questrom
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