UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
LOEWS CINEPLEX ENTERTAINMENT CORPORATION
- -------------------------------------------------------------------------------
(formerly LTM Holdings Inc.)
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(Name of Issuer)
Common Shares
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(Title of Class of Securities)
54023-10-0
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(CUSIP Number)
Clifford L. Michel, Esq.
Cahill Gordon & Reindel
80 Pine Street, New York, NY 10005
(212) 701-3200
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 17, 1998
- -------------------------------------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
disclosures in a prior cover page.
The information required on 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).
Page 1 of 16
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SCHEDULE 13D
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CUSIP No.
540423-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES ROSNER BRONFMAN DISCRETIONARY TRUST - 06-6455069
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (Connecticut)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
_____________________________________________
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES /X/
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
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Page 2 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES R. BRONFMAN DISCRETIONARY TRUST - 06-6438247
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
N/A
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (Connecticut)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 1,918,907
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
1,918,907
_____________________________________________
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,918,907
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES /X/
Excludes 4,000 Class B Non-Voting Common Shares
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.28%
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14 TYPE OF REPORTING PERSON*
00
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Page 3 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES BRONFMAN TRUST - 98-6048671
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 1,000,000
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
1,000,000
_____________________________________________
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
Page 4 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES R. BRONFMAN TRUST - 98-6048672
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 1,000,000
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
1,000,000
_____________________________________________
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
Page 5 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
CHARLES ROSNER BRONFMAN
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,918,907
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
----------------------------------------------
10 SHARED DISPOSITIVE POWER
3,918,907
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,918,907
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 9,926 shares of Common Stock owned by Mr. Bronfman's wife.
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.69%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 6 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE PHYLLIS LAMBERT FOUNDATION
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 31,410
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
31,410
----------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,410
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.05%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
Page 7 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
E. LEO KOLBER
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 350,309
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
----------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,309
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 7,500 shares of Common Stock owned by Sen Kolber's wife.
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.60%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 8 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
BOJIL EQUITIES INC.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British West Indies
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
350,309
---------------------------------------------
10 SHARED DISPOSITIVE POWER / /
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,309
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.60%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
Page 9 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
LOUIS LUDWICK
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 10 of 16
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
ARNOLD M. LUDWICK
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 23,377
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
23,377
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,377
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.04%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 11 of 16
<PAGE>
Item 1. Security and Issuer.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 2. Identity and Background.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998,
except as follows:
By reason o the transactions discussed below, The Charles R. Bronfman
Discretionary Trust and Arnold M. Ludwick have become members of the Claridge
Group (as defined in the initial Statement on Schedule 13D) and, effective upon
the filing of this amendment, The Charles Rosner Bronfman Discretionary Trust
and Louis Ludwick have ceased to be members of the Claridge Group. Information
with respect to the new members is as follows:
1. Charles R. Bronfman Discretionary Trust - a United States trust
organized under the laws of the State of Connecticut, with its principal purpose
being to invest in securities and other business interests. Its principal
business and office address is c/o Bergman, Horowitz & Reynolds, 157 Church
Street, New Haven, CT 06502. The sole trustee of this trust is Bruce I.
Judelson, a United States citizen. Mr. Judelson is a partner of Bergman,
Horowitz & Reynolds (attorneys). This trust is for the benefit of Charles Rosner
Bronfman.
2. Arnold M. Ludwick - a Canadian citizen whose principal business and
occupation is Vice Chairman of Claridge Inc. (investments), 1170 Peel Street,
8th Floor, Montreal, Quebec, Canada H3B 4P2.
Item 3. Source and Amount of Funds or Other Consideration.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998,
except as follows:
On December 17, 1998, in a restructuring of ownership interests, all the
assets and liabilities of The Charles Rosner Bronfman Discretionary Trust were
transferred to The Charles R. Bronfman Discretionary Trust. Similarly, on
December 9, 1998 Louis Ludwick sold his entire holding of 23,477 shares of
Common Stock directly to his father, Arnold M. Ludwick, for approximately
$253,830 ($10.81 per share) in a private transaction. Such transaction was
effected on behalf of Mr. Ludwick by a wholly owned corporation with personal
funds. The Charles R. Bronfman Discretionary Trust and Arnold M. Ludwick are
"permitted transferees" under the Stockholders Agreement.
Item 4. Purpose of the Transaction.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 5. Interest in Securities in Cineplex.
(a)-(b) At the close of business on December 31, 1998, the members of the
Claridge Group beneficially owned, directly and indirectly, an aggregate of
4,324,003 shares of Common Stock representing approximately 7.40% of the
outstanding Common Stock. The wives of Mr. Bronfman and Sen. Kolber own an
additional 17,426 shares of Common Stock (0.30) in the aggregate, as to which
beneficial ownership is disclaimed by Mr. Bronfman and Sen. Kolber. The
ownership of each member of the Claridge Group is set forth in the following
table:
Shareholder Common Stock %
The Charles R. Bronfman 1,918,907 3.28
Discretionary Trust
The Charles Bronfman Trust 1,000,000 1.71
The Charles R. Bronfman Trust 1,000,000 1.71
Page 12 of 16
<PAGE>
Shareholder Common Stock %
The Phyllis Lambert Foundation 31,410 0.05
Bojil Equities Inc. 350,309 0.60
Charles Rosner Bronfman(1) 3,918,907 6.69
E. Leo Kolber(2) 350,309 0.60
Arnold M. Ludwick(3) 23,377 0.04
The foregoing percentages are based on 58,538,646 shares of Common Stock
outstanding on November 30, 1998. The Charles Rosner Bronfman Discretionary
Trust also own 4,000 shares of Class B Non-Voting Common Shares or approximately
4.76% of such class, with the balance of such class being owned by Universal
Studios. The shares of Class B Non-Voting Common shares are convertible into
shares of Common Stock on a share for share basis in certain circumstances.
The Seagram Company Ltd. owns indirectly approximately 84% of the
outstanding voting equity of Universal Studios Inc. Based on the most recent
publicly available information related to Seagram: (i) descendants of the late
Samuel Bronfman and trusts established for their benefit (the "Bronfman Trusts")
beneficially owned, directly or indirectly, an aggregate of 119,923,229 of the
then outstanding common shares of Seagram ("Seagram Shares"), constituting
approximately 30.22% of the then outstanding Seagram Shares, which amount
includes the approximately 13.98% of the then outstanding Seagram Shares owned
by trusts established for the benefit of Charles R. Bronfman and his descendants
and (ii) pursuant to two voting trust agreements, Charles R. Bronfman serves as
the voting trustee for approximately 29.22% of the then outstanding Seagram
Shares and a voting trustee for approximately 0.63% the then outstanding Seagram
Shares, which shares are beneficially owned by the Bronfman Trusts and certain
other entities.
(c) Unchanged from the initial Statement on Schedule 13D dated May 20,
1998, except as set forth in Item 3 of this amendment
(d)-(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to the Securities
of Cineplex.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
- ----------
1 Reflects (i) 1,918,907 Common Shares owned by The Charles R. Bronfman
Discretionary Trust, (ii) 1,000,000 Common Shares owned by The Charles R.
Bronfman Trust, and (iii) 1,000,000 Common Shares owned by The Charles Bronfman
Trust. Excludes 9,926 Common Shares owned by Mr. Bronfman's wife. Mr. Bronfman
disclaims all beneficial interest in and to the shares owned by his wife.
2 Reflects 350,309 shares of Common Stock owned by Bojil Equities as to
which Sen. Kolber holds all voting rights. Excludes 7,500 shares of Common Stock
owned by Sen. Kolber's wife. Sen. Kolber disclaims all beneficial interest in
and to the shares owned by his wife.
3 Reflects shares held by Ayemel Canada Inc., a corporation wholly owned by
Mr. Ludwick.
Page 13 of 16
<PAGE>
Item 7. Material to be Filed as Exhibits.
The following exhibits are filed with this Amendment:
1. Power of attorney for The Charles R. Bronfman Discretionary Trust.
2. Power of attorney for Arnold M. Ludwick.*
- -------------------------
* Incorporated by reference to power of attorney previously filed with the
SEC in respect of a Schedule 13D filed concerning Cineplex Odeon
Corporation.
Page 14 of 16
<PAGE>
Signatures
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: January 14, 1999
THE CHARLES R. BRONFMAN DISCRETIONARY TRUST
THE CHARLES ROSNER BRONFMAN DISCRETIONARY TRUST
THE CHARLES R. BRONFMAN TRUST
THE CHARLES BRONFMAN TRUST
CHARLES ROSNER BRONFMAN
THE PHYLLIS LAMBERT FOUNDATION
BOJIL EQUITIES INC.
E. LEO KOLBER
LOUIS LUDWICK
ARNOLD M. LUDWICK
By: /s/ Michel Boucher
---------------------------------------
Michel Boucher
Attorney-in-Fact
Page 15 of 16
<PAGE>
Exhibit 1
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS THAT the undersigned, solely in the
undersigned's capacity as a trustee of the Charles R. Bronfman Discretionary
Trust, hereby constitutes and appoints MICHEL BOUCHER and ANDREW J. PARSONS and
each of them severally, as the undersigned's true and lawful attorneys and
agents, with power to act with or without the others and with full power of
substitution and resubstitution, to execute in the name, place and stead of the
undersigned any statement or report, including any amendment to any statement or
report, required to be filed with respect to the undersigned under Section 13 or
Section 16 of the United States Securities Exchange Act of 1934, as amended, and
any rules, regulations and requirements thereunder, or any statement or report,
including any amendment to any statement or report, required to be filed with
respect to the undersigned under any comparable laws, rules, regulations and
requirements of any foreign jurisdiction, and to file any of the same with the
Securities and Exchange Commission and any other appropriate U.S. and foreign
regulatory authorities, said attorneys and agents having full power and
authority to do and perform in the name and on behalf of the undersigned every
act necessary to be done in the premises as fully and as effectually as the
undersigned might or could do in person; and the undersigned hereby ratifies and
confirms all that said attorneys and agents shall do or cause to be done by
virtue hereof.
IN WITNESS WHEREOF, the undersigned has subscribed these presents as of
December 17, 1998.
/s/ Bruce I. Judelson
------------------------------------
Bruce I. Judelson
Page 16 of 16
