HALLWOOD GROUP INC
SC 13D/A, 2000-05-23
BROADWOVEN FABRIC MILLS, MAN MADE FIBER & SILK
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                (Amendment No. 8)

                    Under the Securities Exchange Act of 1934

                         HALLWOOD REALTY PARTNERS, L.P.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                        Units of Limited Partner Interest
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    40636T203
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                              W. Alan Kailer, Esq.
                 Jenkens & Gilchrist, a Professional Corporation
                          1445 Ross Avenue, Suite 3200
                            Dallas, Texas 75202-2799
                                 (214) 855-4500
- --------------------------------------------------------------------------------
                       (Name, Address and Telephone Number
                         of Person Authorized to Receive
                           Notices and Communications)


                                  May 11, 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  that is the subject of this  Schedule  13D, and is filing this
schedule because of Rule 13d-l(e), (f) or (g), check the following box  [ ].


                                       -1-


<PAGE>



CUSIP No. 40636T203

1.   Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Persons:

     The Hallwood Group Incorporated              51-0261339
     ---------------------------------------------------------------------------

2.   Check the Appropriate Box if a Member of a Group (See Instructions)

     (a) [ ]              (b) [ ]

3.   SEC Use Only
                    ------------------------------------------------------------

4.   Source of Funds (See instructions)             00
                                        ----------------------------------------

5.   Check box if Disclosure of Legal  Proceedings is Required Pursuant to Items
     2(d) or 2(e)

6.   Citizenship or Place of Organization              Delaware
                                             -----------------------------------

                                 7.  Sole Voting Power          330,432 Units
                                                              ------------------
         Number of Units         8.  Shared Voting Power              0
         Beneficially Owned by                                ------------------
         Each Reporting Person   9.  Sole Dispositive Power     330,432 Units
         With                                                 ------------------
                                10.  Shared Dispositive Power         0
                                                              ------------------

11.  Aggregate Amount Beneficially Owned by Each Reporting Person

                                  330,432 Units
     ---------------------------------------------------------------------------

12.  Check if the  Aggregate  Amount  in Row 11  Excludes  Certain  Shares  (See
     Instructions)   [ ]

13.  Percent of Class Represented by Amount in Row 11.

                                     20.8 %
     ---------------------------------------------------------------------------

14.  Type of Reporting Person (See Instructions):

                                       CO
     ---------------------------------------------------------------------------


                                       -2-


<PAGE>



                                  Schedule 13D

This  Amendment  No. 8 to Schedule 13D amends the Schedule  13D,  filed July 24,
1993,  as  previously  amended  (the  "Schedule  13D),  by  the  Hallwood  Group
Incorporated,  a Delaware  corporation and is being filed pursuant to Rule 13d-2
of the General Rules and  Regulations  under the  Securities and Exchange Act of
1934, as amended. Unless otherwise indicated,  all capitalized terms used by not
defined herein have the meanings ascribed to such terms in the Schedule 13D. "No
material  changes"  means no material  changes to the response  contained in the
Hallwood's Schedule 13D previously filed.

Item 1.  Security and Issuer.

                  No material changes

Item 2.  Identity and Background.

                  No material changes

Item 3.  Source and Amount of Funds or Other Consideration.

                  Not applicable

Item 4.  Purpose of Transactions.

                  Pursuant to an agreement  dated May 5, 1999 (the  "Agreement")
                  among The Hallwood Group  Incorporated  ("Hallwood"),  Epsilon
                  Trust,  of which Mr. Brian M. Troup and certain family members
                  are  beneficiaries  (the  "Trust")  and Mr.  Brian  M.  Troup,
                  Hallwood,  the Trust and Mr.  Troup  agreed to separate  their
                  interests.  On  December  21,  1999,  all  conditions  to  the
                  completion of the  transactions  contemplated by the Agreement
                  were  satisfied.   Pursuant  to  a  Unit  Purchase   Agreement
                  effective May 11, 2000 by and among Hallwood Realty  Partners,
                  L.P. ("HRP"),  Brian Troup and the successor to the Trust, HRP
                  purchased  82,608  units of the HRP owned by the  successor to
                  the  Trust.  See Item 6 for a  discussion  of the terms of the
                  Agreement.

                  Hallwood  holds the units of limited  partnership  interest of
                  HRP (the "Units") for  investment.  Hallwood  may,  subject to
                  market  conditions  and other factors  deemed  relevant by it,
                  purchase  additional  Units  from time to time in open  market
                  purchases, privately negotiated transactions or otherwise.

                  Hallwood  intends  to  review,  on  a  continuing  basis,  its
                  investment in the Units and  Hallwood's  business  affairs and
                  financial conditions,  as well as conditions in the securities
                  markets and general economic and industry conditions. Hallwood
                  may in the  future  take  such  actions  with  respect  to its
                  investment  in the Units as it deems  appropriate  in light of
                  the  circumstances  existing  from  time to  time,  including,
                  without limitation,  purchasing  additional Units or disposing
                  of the Units it now holds or hereafter acquires.


                                       -3-


<PAGE>




                  Hallwood has not formulated any plans or proposals of the type
                  referred to in clauses (a) - (j) of Item 4 of Schedule 13D.

Item 5.  Interest in Securities of the Issuer.

                  As of the date of this filing,  Hallwood directly owns 330,432
                  Units,  representing  approximately  20.8% of the  outstanding
                  Units. Pursuant to the Agreement,  Hallwood transferred 82,608
                  Units to the Trust.  Under the  Agreement,  the Trust  granted
                  Hallwood  an   irrevocable   proxy  as  to  the  82,608  Units
                  transferred to the Trust and,  therefore,  Hallwood was deemed
                  to have sole voting  power with  respect to such  Units.  Also
                  under the  Agreement,  the Trust  granted  Hallwood a right to
                  purchase  such Units for six months after the transfer of such
                  Units and a right of first  refusal  with respect to the Units
                  thereafter.  Therefore,  Hallwood and the Trust were deemed to
                  share  dispositive  power over such Units.  Pursuant to a Unit
                  Purchase  Agreement  effective May 11, 2000, by and among HRP,
                  Brian Troup and the successor to the Trust, HRP purchased such
                  Units.  As a  result,  Hallwood  no  longer  shares  voting or
                  dispositive   power   over   those   Units.   Other  than  the
                  transactions contemplated by the Agreement, no transactions in
                  the  Units  of HRP  have  been  reported  by  Hallwood  or the
                  executive  officers or directors  listed in response to Item 2
                  during the past 60 days.

Item 6.  Contracts, Arrangements, Understandings  or Relationship's with Respect
         to Securities of the Issuer.

                  None

Item 7.  Materials to Be Filed as Exhibits.

                  None


                                       -4-


<PAGE>


                                    SIGNATURE

                  After reasonable  inquiry and to the best of his knowledge and
belief,  the  undersigned  certifies  that  the  information  set  forth in this
statement is true, complete and correct.

Date: May 23, 2000                               THE HALLWOOD GROUP INCORPORATED



                                            By:  /s/ Melvin J. Melle
                                                 -------------------------------
                                                 Melvin J. Melle
                                                 Vice President


                                       -5-




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