UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
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
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 15, 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 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 12
<PAGE>
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 R. BRONFMAN DISCRETIONARY TRUST - 06-6438247
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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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) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (Connecticut)
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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
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES /X/
Excludes 4,000 Class B Non-Voting Common Shares
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.27%
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14 TYPE OF REPORTING PERSON
00
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Page 2 of 12
<PAGE>
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 BRONFMAN TRUST - 98-6048671
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A - See Item 3
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
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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
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
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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%
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14 TYPE OF REPORTING PERSON
00
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Page 3 of 12
<PAGE>
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 R. BRONFMAN TRUST - 98-6048672
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A - See Item 3
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
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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 / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
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14 TYPE OF REPORTING PERSON
00
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Page 4 of 12
<PAGE>
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
CHARLES ROSNER BRONFMAN
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) /X/
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A - See Item 3
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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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
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,918,907
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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.
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.69%
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14 TYPE OF REPORTING PERSON
IN
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Page 5 of 12
<PAGE>
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 PHYLLIS LAMBERT FOUNDATION
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
N/A - See Item 3
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
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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 / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
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Page 6 fo 12
<PAGE>
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
E. LEO KOLBER
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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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) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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7 SOLE VOTING POWER
NUMBER OF 350,309
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
350,309
----------------------------------------------
10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,309
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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.
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.60%
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14 TYPE OF REPORTING PERSON
IN
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Pge 7 fo 12
<PAGE>
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
BOJIL EQUITIES INC.
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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 - See Item 3
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
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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
---------------------------------------------
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
CO
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Pge 8 of 12
<PAGE>
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
ARNOLD M. LUDWICK
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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
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
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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 * / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
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Page 9 of 12
<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, as
amended by Amendment No. 2 dated January 14, 1999, except as follows:
By reason of the transactions discussed below, effective upon the filing of
this amendment, The Phyllis Lambert Foundation and Arnold M. Ludwick have ceased
to be members of the Claridge Group.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998, as
amended by Amendment no. 2 dated January 14, 1999.
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 November 15, 2000, the members of the
Claridge Group beneficially owned, directly and indirectly, an aggregate of
4,269,216 shares of Common Stock, representing approximately 7.28% of the
outstanding Common Stock. The wives of Mr. Bronfman and Sen. Kolber own an
additional 17,426 shares of Common Stock (0.03%) 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 3.27
Discretionary Trust
The Charles Bronfman Trust 1,000,000 1.71
The Charles R. Bronfman Trust 1,000,000 1.71
Charles Rosner Bronfman(1) 3,918,907 6.69
E. Leo Kolber(2) 350,309 0.60
The foregoing percentages are based on 58,622,646 shares of Common Stock
outstanding on August 31, 2000. The Charles R. 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
----------
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 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.
Page 10 of 12
<PAGE>
trusts established for their benefit (the "Bronfman Trusts") beneficially owned,
directly or indirectly, an aggregate of 106,359,757 of the then outstanding
common shares of Seagram ("Seagram Shares"), constituting approximately 24.0% of
the then outstanding Seagram Shares, which amount includes the approximately
9.29% 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 23.5% of the then outstanding Seagram Shares and a voting trustee
for approximately 0.28% the then outstanding Seagram Shares, which shares are
beneficially owned by the Bronfman Trusts and certain other entities. The
indirect Bronfman family interest is expected to be significantly reduced upon
consummation of the merger and related agreements among The Seagram Company
Ltd., Vivendi and Canal Plus S.A. creating Vivendi Universal as described in the
joint proxy statement-prospectus dated November 2, 2000.
(c) Since the filing of Amendment no. 2, certain members of The Claridge
Group have effected transactions in shares of Common Stock as follows:
(i) Arnold M. Ludwick (through a wholly owned company) sold an
aggregate of 23,3777 shares in transaction on the New York Stock Exchange
is follows:
Date Shares Price Per Share
---- ------ ---------------
1/25/00 5,000 $4.75
1/27/00 10,000 $4.5625
1/28/00 3,377 $4.5625
1/28/00 5,000 $4.625
(ii) The Phyllis Lambert Foundation sold an aggregate $31,410 in
transactions executed on The New York Stock Exchange between October 23,
2000 and November 1, 2000, in each case at $1.00 per share.
(iii) On October 10, 2000 Sen. E. Leo Kolber acquired 350,000 shares
of Common Stock from Bojil Equities Inc. for Cdn $5,504,947.20 payable by
exchange of a demand promissory note issued by Bojil Equities in such
amount.
(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.
Item 7. Material to be Filed as Exhibits.
--------------------------------
No exhibits are filed with this Amendment.
Page 11 of 12
<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: November 15, 2000
THE CHARLES R. 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
ARNOLD M. LUDWICK
By: /s/ Michel Boucher
---------------------------------
Michel Boucher
Attorney-in-Fact
Page 12 of 12
