<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------
Amendment No. 1
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Laidlaw Environmental Services, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
50730L
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(CUSIP Number)
Ivan R. Cairns
Senior Vice-President & General Counsel
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
(905) 336-1800
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 15, 1998
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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 statement because of Rule 13d-1(b)(3) or
(4), check the following box: [ ]
Check the following box if a fee is being
paid with the statement: [ ]
Page 1 of 6 Pages
<PAGE> 2
CUSIP Number 50730L Page 2 of 6 Pages
SCHEDULE 13D
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LAIDLAW INC.
NOT APPLICABLE - CANADIAN
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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*
00
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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 OR ORGANIZATION
CANADA
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7 SOLE VOTING POWER
NUMBER OF 123,920,510
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 123,920,510
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
123,920,510
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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)
35.2%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
CUSIP Number 50730L Page 3 of 6 Pages
This Amendment No. 1 to the Schedule 13D (the "Schedule 13D") filed by
Laidlaw Inc. with respect to Shares of Common Stock of Laidlaw Environmental
Services, Inc. ("LESI") hereby amends and supplements the Schedule 13D as set
forth below. All capitalized terms used and not otherwise defined herein have
the meanings ascribed to them in the Schedule 13D, as amended and supplemented.
Item 2. Identity and Background
This statement is being filed by Laidlaw Inc. ("Laidlaw"). Laidlaw is a
corporation continued under the laws of Canada whose principal business and
offices are located at: 3221 North Service Road, Burlington, Ontario, Canada L7R
3Y8. Laidlaw through subsidiaries provides school bus, public transit, ambulance
and emergency department management services.
The names, business addresses, principal occupations or employments and
citizenships (and the names, principal businesses and addresses of the
corporations or other organizations in which such employment is conducted) of
the executive officers and directors of Laidlaw are set forth in Schedule 1
attached hereto and incorporated herein by reference.
During the last five years neither Laidlaw nor to the best knowledge of
Laidlaw, the persons listed on Schedule 1 hereto has (1) been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanours); or
(2) been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgement, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
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CUSIP Number 50730L Page 4 of 6 Pages
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and supplemented by adding the following:
LESI issued 1,715,686 and 2,204,724 shares of Common Stock to Laidlaw
in payment of interest due on November 15, 1997 and May 15, 1998, respectively,
on the 5% Subordinated Convertible Pay-in-Kind Debenture due 2009 in accordance
with the terms of the Debenture.
Pursuant to an exchange offer and subsequent merger, LESI acquired all
outstanding shares of Safety-Kleen Corp. for a consideration per share of $18.30
in cash and 2.80 shares of Common Stock of LESI. In so doing, LESI issued
approximately 168.3 million shares of its Common Stock.
As a result of the above transaction, Laidlaw beneficially owns 35.2%
of the issued shares of Common Stock of LESI (excluding any shares which might
in the future be issued upon conversion of the 5% Subordinated Convertible
Pay-in-Kind Debenture due 2009).
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.
LAIDLAW INC.
By: /s/ Ivan Cairns
Senior Vice-President
& General Counsel
Dated: May 20, 1998
<PAGE> 5
CUSIP Number 50730L Page 5 of 6 Pages
SCHEDULE 1
Directors and Executive Officers of Laidlaw Inc. The name, present principal
occupation or employment of each of the directors and executive officers of
Laidlaw Inc., and the name, principal business and address of any organization
in which such employment is conducted, are set forth below. Unless otherwise
indicated, the business address of each person listed below is c/o Laidlaw Inc.,
3221 North Service Road, P.O. Box 5028, Burlington, Ontario, Canada, L7R 3Y8.
Each director and executive officer listed below is a citizen of Canada, except
as otherwise indicated. Directors are identified by an asterisk. The business
and address of Laidlaw Inc. is not repeated in this table.
<TABLE>
<CAPTION>
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NAME, TITLE AND BUSINESS ADDRESS PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT
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<S> <C>
James R. Bullock * President and Chief Executive Officer
President and Chief Executive Officer Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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William P. Cooper * President & Chief Executive Officer
President & Chief Executive Officer Cooper Construction Limited
Cooper Corporation Limited
85 The East Mall
Toronto, Ontario M8Z 5W4
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Jack P. Edwards * (U.S. Citizen) President & Chief Executive Officer
President & Chief Executive Officer Danzas Corporation
Danzas Corporation
3650 - 131st Avenue S.E., Suite 700
Bellevue, Washington 98006
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William A. Farlinger * Chairman
Chairman Ontario Hydro
Ontario Hydro
700 University Avenue
19th Floor, H19 A27
Toronto, Ontario M5G 1X6
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John R. Grainger * Executive Vice President and Chief Operating Officer
Executive Vice President and Chief Operating Officer Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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Donald M. Green * Chairman
Chairman ACD Tridon Inc.
ACD Tridon Inc.
4145 North Service Road, Suite 200
Burlington, Ontario L7L 6A3
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Martha O. Hesse * (U.S. Citizen) President
President Hesse Gas Company
Hesse Gas Company
6524 San Felipe, Suite 129
Houston, Texas USA 77057
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Wilfred G. Lewitt * Chairman
Chairman MDS Inc.
MDS Inc.
100 International Blvd.
Etobicoke, Ontario M9W 6J6
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</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
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NAME, TITLE AND BUSINESS ADDRESS PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT
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<S> <C>
Gordon R. Ritchie * Chief Executive Officer
Chief Executive Officer Strategico Inc.
Strategico Inc.
45 O'Connor Street, 20th Floor
Ottawa, Ontario K1P 1A4
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William A. Sanger * (U.S. Citizen) President and Chief Executive Officer
President and Chief Executive Officer Cancer Treatment Centers of America
Cancer Treatment Centers of America
3455 Salt Creek Lane, Suite 200
Arlington Heights, Illinois USA 60005
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Stella M. Thompson * President
President Stellar Energy Ltd.
Stellar Energy Ltd.
Bowvalley Square Two, Suite 2080
205 - 5th Avenue S.W.
Calgary, Alberta T2P 2V7
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Peter N.T. Widdrington * Chairman of the Board
252 Pall Mall Street, Suite 303 Laidlaw Inc.
London, Ontario N6A 5P6
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Ivan R. Cairns Senior Vice-President and General Counsel
Senior Vice-President and General Counsel and Secretary
Laidlaw Inc. Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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John R. Grainger Executive Vice-President and Chief Operating Officer
Executive Vice-President and Chief Operating Officer Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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Leslie W. Haworth Senior Vice-President and Chief Financial Officer
Senior Vice-President and Chief Financial Officer Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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William S. Schilling (U.S. Citizen) Vice-President, Human Resources
Vice-President, Human Resources Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8i
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Wayne R. Bishop Vice-President and Controller
Vice-President and Controller Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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Jeffery Cassell Vice-President, Risk Management
Vice-President, Risk Management Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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T.A.G. Watson Vice-President, Communications
Vice-President, Communications Laidlaw Inc.
Laidlaw Inc.
3221 North Service Road
Burlington, Ontario L7R 3Y8
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CUSIP Number 50730L Page 6 of 6 Pages
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</TABLE>
