LODGIAN INC
SC 13D/A, 2000-08-31
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 14)

                                  LODGIAN, INC.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    54021P106
                                 (CUSIP Number)

                             Edgecliff Holdings, LLC
                         Casuarina Cayman Holdings Ltd.
                            Edgecliff Management, LLC
                        1994 William J. Yung Family Trust
                                   Joseph Yung
                                 William J. Yung
            The 1998 William J. Yung and Martha A. Yung Family Trust
                               207 Grandview Drive
                          Fort Mitchell, Kentucky 41017
                            Attn: Mr. William J. Yung

                                 with a copy to:

                    Paul, Weiss, Rifkind, Wharton & Garrison
                           1285 Avenue of the Americas
                             New York, NY 10019-6064
                           Attn: James M. Dubin, Esq.

                                 August 31, 2000
                     (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 provided in a prior cover page.

<PAGE>

                                                                               2

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>

                                                                               3

                  Edgecliff Holdings, LLC ("Edgecliff"), Casuarina Cayman
Holdings Ltd. ("Casuarina"), Edgecliff Management, LLC ("Management"), the 1994
William J. Yung Family Trust (the "1994 Trust"), William J. Yung, Joseph Yung,
and The 1998 William J. Yung and Martha A. Yung Family Trust (the "1998 Trust")
(collectively, the "Reporting Persons") hereby amend the report on Schedule 13D
filed by certain of the Reporting Persons on October 19, 1999, as amended by
Amendment No. 1 filed on November 12, 1999, as amended by Amendment No. 2 filed
on November 16, 1999, as amended by Amendment No. 3 filed on November 22, 1999,
as amended by Amendment No. 4 filed on December 29, 1999, as amended by
Amendment No. 5, filed on January 18, 2000, as amended by Amendment No. 6 filed
on April 7, 2000, as amended by Amendment No. 7 filed on April 18, 2000, as
amended by Amendment No. 8 filed on May 4, 2000, as amended by Amendment No. 9
filed on May 30, 2000, as amended by Amendment No. 10 filed on July 14, 2000, as
amended by Amendment No. 11 filed on July 19, 2000, as amended by Amendment No.
12 filed on July 20, 2000 and as amended by Amendment No. 13 filed on August 22,
2000 (the "Schedule 13D"), in respect of the common stock, par value $.01 per
share, of Lodgian, Inc., a Delaware corporation ("Lodgian"), as set forth below.

Item 1.           SECURITY AND ISSUER.

                  Unchanged

Item 2.           IDENTITY AND BACKGROUND.

                  Unchanged.

Item 3.           SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

                  Unchanged.

Item 4.           PURPOSE OF TRANSACTION.

                  The information below supplements the information previously
reported in item 4.

                  On August 31, 2000, Edgecliff filed a definitive proxy
statement with the Securities and Exchange Commission, a copy of which is
attached hereto as Exhibit 22. The definitive proxy statement will be used to
solicit proxies from the Company's stockholders in connection with the Company's
2000 Annual Meeting of Stockholders, which is scheduled to be held on October
12, 2000. Edgecliff began mailing copies of its definitive proxy materials to
the Company's stockholders on August 31, 2000. The above description is
qualified in its entirety by reference to the definitive proxy statement, which
is expressly incorporated by reference herein.

                  Also on August 31, 2000, Edgecliff issued a press release
announcing the commencement of the proxy solicitation and describing the matters
which are the subject of the solicitation. A copy of the press release is
attached hereto as Exhibit 23.

<PAGE>

                                                                               4

Item 5.           INTEREST IN SECURITIES OF THE ISSUER.

                  Unchanged.

Item 6.           CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
                  RESPECT TO SECURITIES OF THE ISSUER.

                  Unchanged.

Item 7.           MATERIAL TO BE FILED AS EXHIBITS.

                  The Exhibit Index incorporated by reference in Item 7 of the
Schedule 13D is hereby supplemented by adding the following to the end thereof.


         22.               Definitive Proxy Statement of Edgecliff Holdings, LLC
                           filed with the Securities and Exchange Commission on
                           August 31, 2000.

         23.               Press Release, dated August 31, 2000.

<PAGE>

                                                                               5


                                    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

                              EDGECLIFF HOLDINGS, LLC


                                   By:  /s/ William J. Yung
                                        ----------------------
                                        Name: William J. Yung
                                        Title:  President


                              CASUARINA CAYMAN HOLDINGS LTD.


                                   By:  /s/ William J. Yung
                                        ----------------------
                                        Name: William J. Yung
                                        Title:  President


                              EDGECLIFF MANAGEMENT, LLC


                                   By:  /s/ William J. Yung
                                        ----------------------
                                        Name: William J. Yung
                                        Title:  President


                              1994 WILLIAM J. YUNG FAMILY TRUST


                                   By:  The Fifth Third Bank,
                                          as Trustee


                                   By:  /s/ Timothy A.  Rodgers
                                        ------------------------
                                        Name: Timothy A. Rodgers
                                        Title:   Trust Officer

<PAGE>

                                                                               6


                              /s/ Joseph Yung
                              ------------------------
                                   Joseph Yung

                              /s/ William J. Yung
                              ------------------------
                                   William J. Yung


                              THE 1998 WILLIAM J. YUNG AND MARTHA A. YUNG FAMILY
                              TRUST


                                   By:  The Fifth Third Bank,
                                          as Trustee


                                   By:  /s/ Timothy A.  Rodgers
                                        ------------------------
                                        Name: Timothy A. Rodgers
                                        Title:   Trust Officer

<PAGE>

                                                                               7

                                  EXHIBIT INDEX
                                  -------------

EXHIBIT           DESCRIPTION
-------           -----------

1.                Engagement Letter between Casuarina Cayman Holdings Ltd. and
                  Greenhill & Co., LLC, dated November 10, 1999.1/

2.                Letter to Lodgian, Inc. from Casuarina Cayman Holdings Ltd.,
                  dated November 16, 1999.2/

3.                Letter to Casuarina Cayman Holdings Ltd. from Lodgian, Inc.,
                  dated November 19, 1999.3/

4.                Letter to Lodgian, Inc. from Casuarina Cayman Holdings Ltd.,
                  dated November 22, 1999.3/

5.                Joint Filing Agreement, dated November 22, 1999, among
                  Casuarina Cayman Holdings Ltd., the 1994 William J. Yung
                  Family Trust, Joseph Yung and William J. Yung.3/

6.                Joint Filing Agreement, dated December 29, 1999, among
                  Edgecliff Holdings, LLC, Casuarina Cayman Holdings Ltd.,
                  Edgecliff Management, LLC, 1994 William J. Yung Family Trust,
                  Joseph Yung, William J. Yung and The 1998 William J. Yung and
                  Martha A. Yung Family Trust.4/

7.                Letter to Lodgian, Inc. from Casuarina Cayman Holdings Ltd.,
                  dated January 18, 2000.5/

------------------------
1/       Filed as an Exhibit to Amendment No. 1 to the Schedule 13D.

2/       Filed as an Exhibit to Amendment No. 2 to the Schedule 13D.

3/       Filed as an Exhibit to Amendment No. 3 to the Schedule 13D.

4/       Filed as an Exhibit to Amendment No. 4 to the Schedule 13D.

5/       Filed as an Exhibit to Amendment No. 5 to the Schedule 13D.

<PAGE>

                                                                               8

8.                Joint Filing Agreement, dated January 18, 2000, among
                  Edgecliff Holdings, LLC, Casuarina Cayman Holdings Ltd.,
                  Edgecliff Management, LLC, 1994 William J. Yung Family Trust,
                  Joseph Yung, William J. Yung and The 1998 William J. Yung and
                  Martha A. Yung Family Trust.5/

9.                Complaint, dated April 7, 2000.6/

10.               Motion, dated April 7, 2000.6/

11.               Joint Filing Agreement, dated April 7, 2000, among Edgecliff
                  Holdings, LLC, Casuarina Cayman Holdings Ltd., Edgecliff
                  Management, LLC, 1994 William J. Yung Family Trust, Joseph
                  Yung, William J. Yung and The 1998 William J. Yung and Martha
                  A. Yung Family Trust.6/

12.               Notice of Edgecliff Holdings, LLC to Lodgian, Inc., dated
                  April 18, 2000.7/

13.               Preliminary Proxy Statement of Edgecliff Holdings, LLC filed
                  with the Securities and Exchange Commission on April 18,
                  2000.7/

14.               Stockholder Request Letter to Lodgian, Inc. from Edgecliff
                  Holdings, LLC, dated April 18, 2000.7/

15.               Amendment No. 1 to Preliminary Proxy Statement of Edgecliff
                  Holdings, LLC filed with the Securities and Exchange
                  Commission on May 4, 2000.8/

16.               Letter to Lodgian, Inc. from Casuarina Cayman Holdings Ltd.,
                  dated July 13, 2000.9/

17.               Press Release issued by Lodgian, Inc., dated July 17, 2000.10/

------------------------
5/       Filed as an Exhibit to Amendment No. 5 to the Schedule 13D.

6/       Filed as an Exhibit to Amendment No. 6 to the Schedule 13D.

7/       Filed as an Exhibit to Amendment No. 7 to the Schedule 13D.

8/       Filed as an Exhibit to Amendment No. 8 to the Schedule 13D.

9/       Filed as an Exhibit to Amendment No. 10 to the Schedule 13D.

10/      Filed as an Exhibit to Amendment No. 11 to the Schedule 13D.

<PAGE>

                                                                               9

18.               Letter to Lodgian, Inc. from Casuarina Cayman Holdings Ltd.,
                  dated July 17, 2000.10/

19.               Complaint, dated July 19, 2000.11/

20.               Motion, dated July 19, 2000.11/

21.               Lodgian Complaint, dated August 16, 2000.12/

22.               Definitive Proxy Statement of Edgecliff Holdings, LLC filed
                  with the Securities and Exchange Commission on August 31,
                  2000.13/

23.               Press Release, dated August 31, 2000.13/

------------------------
10/      Filed as an Exhibit to Amendment No. 11 to the Schedule 13D.

11/      Filed as an Exhibit to Amendment No. 12 to the Schedule 13D.

12/      Filed as an Exhibit to Amendment No. 13 to the Schedule 13D.

13/      Filed herewith.



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