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SCHEDULE 13D
(RULE 13D-101)
Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
Amendments Thereto Filed Pursuant to Rule 13d-2(a)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 45)
AVATEX CORPORATION
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(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE
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(Title of Class of Securities)
05349F402
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(CUSIP number)
STEPHEN E. JACOBS
WEIL, GOTSHAL & MANGES LLP, 767 FIFTH AVENUE
NEW YORK, NEW YORK 10153, (212) 310-8000
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
DECEMBER 20, 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 that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including exhibits.
See Rule 13d-7(b) 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.
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).
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CUSIP No. 05349F402 13D Page 2 of 7 Pages
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1 Names of Reporting Persons/I.R.S. ABBEY J. BUTLER
Identification Nos. of Above Persons (Entities Only:)
---------------------- ---------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group: (a) [X]
(See Instructions) (b) [ ]
---------------------- ---------------------------------------------------------------------------------------------
3 SEC Use Only
---------------------- ---------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions): 00
---------------------- ---------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2 (e) [ ]
---------------------- ---------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization UNITED STATES
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7 Sole Voting Power: 1,604,750*
Number of
Shares ------------ ---------------------------------------------------------------------------
Beneficially
Owned by 8 Shared Voting Power: 0
Each Reporting
Person With ------------ ---------------------------------------------------------------------------
9 Sole Dispositive Power: 1,604,750*
------------ ---------------------------------------------------------------------------
10 Shared Dispositive Power: 0
---------------------- ---------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned
by Each Reporting Person: 1,604,750*
---------------------- ---------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions): [ ]
---------------------- ---------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 8.2%
---------------------- ---------------------------------------------------------------------------------------------
14 Type of Reporting Person: IN
---------------------- ---------------------------------------------------------------------------------------------
* See Item 5 of this Amendment to Schedule 13D.
2
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CUSIP No. 05349F402 13D Page 3 of 7 Pages
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1 Names of Reporting Persons/I.R.S. MELVYN J. ESTRIN
Identification Nos. of Above Persons (Entities Only:)
---------------------- ---------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group: (a) [X]
(See Instructions) (b) [ ]
---------------------- ---------------------------------------------------------------------------------------------
3 SEC Use Only
---------------------- ---------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions): 00
---------------------- ---------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2 (e) [ ]
---------------------- ---------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization UNITED STATES
---------------------- ---------------------------------------------------------------------------------------------
7 Sole Voting Power: 346,412*
Number of
Shares ------------ ---------------------------------------------------------------------------
Beneficially
Owned by 8 Shared Voting Power: 493,650*
Each Reporting
Person With ------------ ---------------------------------------------------------------------------
9 Sole Dispositive Power: 346,412*
------------ ---------------------------------------------------------------------------
10 Shared Dispositive Power: 493,650*
---------------------- ---------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned
by Each Reporting Person: 840,062*
---------------------- ---------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions): [ ]
---------------------- ---------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 4.3%
---------------------- ---------------------------------------------------------------------------------------------
14 Type of Reporting Person: IN
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* See Item 5 of this Amendment to Schedule 13D.
3
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CUSIP No. 05349F402 13D Page 4 of 7 Pages
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1 Names of Reporting Persons/I.R.S. HUMAN SERVICE GROUP, INC.
Identification Nos. of Above Persons (Entities Only:) 52-0939806
---------------------- ---------------------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group: (a) [X]
(See Instructions) (b) [ ]
---------------------- ---------------------------------------------------------------------------------------------
3 SEC Use Only
---------------------- ---------------------------------------------------------------------------------------------
4 Source of Funds (See Instructions): WC
---------------------- ---------------------------------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2 (e) [ ]
---------------------- ---------------------------------------------------------------------------------------------
6 Citizenship or Place of Organization DELAWARE
---------------------- ---------------------------------------------------------------------------------------------
7 Sole Voting Power: 0
Number of
Shares ------------ ---------------------------------------------------------------------------
Beneficially
Owned by 8 Shared Voting Power: 493,650*
Each Reporting
Person With ------------ ---------------------------------------------------------------------------
9 Sole Dispositive Power: 0
------------ ---------------------------------------------------------------------------
10 Shared Dispositive Power: 493,650*
---------------------- ---------------------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned
by Each Reporting Person: 493,650*
---------------------- ---------------------------------------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions): [ ]
---------------------- ---------------------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11): 2.5%
---------------------- ---------------------------------------------------------------------------------------------
14 Type of Reporting Person: CO
---------------------- ---------------------------------------------------------------------------------------------
* See Item 5 of this Amendment to Schedule 13D.
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This Amendment No. 45 amends and supplements the Statement on Schedule
13D filed with the Securities and Exchange Commission on January 29, 1990, as
amended through the date hereof (the "Schedule 13D"), by Centaur Partners IV,
Butler Equities II, L.P., Estrin Equities Limited Partnership, formerly named
Estrin Abod Equities Limited Partnership, Abbey J. Butler and Melvyn J. Estrin,
with respect to their ownership of Class A common stock, par value $0.01 per
share ("Common Stock"), of Avatex Corporation (formerly named FoxMeyer Health
Corporation, the "Company"). This Amendment No. 45 also adds Human Service
Group, Inc. ("HSG"), a Delaware corporation controlled by Mr. Estrin, as a
Reporting Person. References herein to Common Stock shall also be deemed
references to the Company's previously issued common stock, par value $5.00 per
share, which was exchanged into Common Stock effective December 7, 1999. Unless
otherwise indicted, all capitalized terms used herein shall have the meanings
ascribed to them in the Schedule 13D.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
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Since the filing of Amendment No. 44 to Schedule 13D on or about
November 8, 2000, (i) Mr. Butler used personal funds to purchase a total of
121,150 shares of Common Stock on the OTC Bulletin Board System for a total
purchase price (excluding brokerage commissions) of approximately $52,483, and
(ii) HSG used working capital to purchase a total of 111,150 shares of Common
Stock on the OTC Bulletin Board System for a total purchase price (excluding
brokerage commissions) of approximately $47,483.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
------------------------------------
(a) As of the date of this Amendment No. 45, the members of the Centaur
Partners Group beneficially owned an aggregate of 2,444,812 shares of Common
Stock, representing approximately 12.4% of the outstanding shares of Common
Stock (based upon 19,637,360 shares outstanding as of October 31, 2000 as set
forth in the Company's Quarterly Report for the fiscal quarter ended September
30, 2000, plus the shares underlying warrants to purchase 1,958 shares
beneficially owned by Mr. Estrin as described below). Mr. Butler owns 1,604,750
of these shares, Mr. Estrin beneficially owns 840,062 of these shares, and HSG
owns 493,650 of these shares. Mr. Estrin's shares include beneficial ownership
of 531,408 shares of Common Stock, which consists of (i) 493,650 shares owned by
HSG, (ii) 13,418 shares owned by Estrin New Ventures, LLC, an entity controlled
by Mr. Estrin and his wife, (iii) 22,382 shares held in certain trusts for which
Mr. Estrin is a co-trustee, and (iv) 1,958 shares underlying warrants to
purchase such shares held in certain trusts for which Mr. Estrin is a
co-trustee. Mr. Estrin is not a beneficiary of any of these trusts, and
disclaims beneficial ownership of all shares and warrants held by the trusts.
Mr. Butler disclaims beneficial ownership of the shares of Common Stock
beneficially owned by Mr. Estrin and HSG, and Mr. Estrin and HSG each disclaims
beneficial ownership of the shares of Common Stock owned by Mr. Butler.
5
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The foregoing does not include an aggregate of 2,789,280 shares of
Common Stock issuable upon the exercise of options held by Mr. Butler and Mr.
Estrin, each of whom holds 1,394,640 of these options. All of these options are
currently exercisable. If all of Mr. Butler's options were exercised, Mr. Butler
would beneficially own 2,999,390 shares of Common Stock, or approximately 14.3%
of the outstanding shares of Common Stock as of October 31, 2000 plus the shares
underlying his exercised options. If all of Mr. Estrin's options were exercised,
Mr. Estrin would beneficially own 2,234,702 shares of the Common Stock, or
approximately 10.6% of the outstanding shares of Common Stock as of October 31,
2000 plus (i) the shares underlying his exercised options and (ii) the shares
underlying warrants to purchase 1,958 shares beneficially owned by him.
Except as set forth in this item 5(a), no member of the Centaur
Partners Group owns any shares of Common Stock.
(c) Since the filing of Amendment No. 44 to Schedule 13D on or about
November 8, 2000, Mr. Butler purchased a total of 121,150 shares of Common Stock
on the OTC Bulletin Board System as follows:
Trade Date No. of Shares Price per Share
---------- ------------- ---------------
11/21/00 10,000 $ 0.50
11/22/00 10,000 0.48
11/30/00 10,000 0.48
12/19/00 10,000 0.38
12/20/00 81,150 0.42
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Total: 121,150
Since the filing of Amendment No. 44 to Schedule 13D on or about
November 8, 2000, HSG purchased a total of 111,150 shares of Common Stock on the
OTC Bulletin Board System as follows:
Trade Date No. of Shares Price per Share
---------- ------------- ---------------
11/22/00 10,000 $ 0.48
11/30/00 10,000 0.48
12/19/00 10,000 0.38
12/20/00 81,150 0.42
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Total: 111,150
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<PAGE>
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
Dated: December 21, 2000
/s/ Abbey J. Butler
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Abbey J. Butler
/s/ Melvyn J. Estrin
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Melvyn J. Estrin
Human Service Group, Inc.
By: /s/ Melvyn J. Estrin
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Melvyn J. Estrin
Title: Chief Executive Officer
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