-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AP+L5lJvu/G+CLuRG90OZwcGuK47/7/JXfbpv3lQIYrf2gvDhxwcJr2IbT8I62AM ZKH5JmWM6wsR33RHg8eoKQ== 0000905148-10-000492.txt : 20100216 0000905148-10-000492.hdr.sgml : 20100215 20100216164235 ACCESSION NUMBER: 0000905148-10-000492 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100216 DATE AS OF CHANGE: 20100216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Morgans Hotel Group Co. CENTRAL INDEX KEY: 0001342126 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 161736884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81634 FILM NUMBER: 10608798 BUSINESS ADDRESS: STREET 1: 475 TENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 212-277-4100 MAIL ADDRESS: STREET 1: 475 TENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10018 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. CENTRAL INDEX KEY: 0001233563 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O INTERNATIONAL FUND SERVICES LIMITED STREET 2: THIRD FL, BISHOP'S SQUARE REDMOND'S HILL CITY: DUBLIN 2 STATE: L2 ZIP: 00000 BUSINESS PHONE: 2125216972 MAIL ADDRESS: STREET 1: C/O INTERNATIONAL FUND SERVICES LIMITED STREET 2: THIRD FL, BISHOP'S SQUARE REDMOND'S HILL CITY: DUBLIN 2 STATE: L2 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: HARBERT DISTRESSED INVESTMENT MASTER FUND LTD DATE OF NAME CHANGE: 20030516 SC 13G/A 1 efc10-48_fmsc13ga.htm efc10-48_fmsc13ga.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No.  1)*
 
­­­­­­­­MORGANS  HOTEL GROUP CO.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
61748W108
(CUSIP Number)
 
December 31, 2009
(Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
[    ]           Rule 13d-1(b)
 
[ X ]           Rule 13d-1(c)
 
[    ]           Rule 13d-1(d)
 
* 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 the disclosures provided in a prior cover page.
 
The information required in 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).
 

Continued on following pages
Page 1 of 19 Pages
Exhibit Index: Page 17
 
 

 
 
SCHEDULE 13G
 
 
 CUSIP No.:  61748W108    Page 2 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Cayman Islands
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           1,450,421 (1)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   1,450,421 (1)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,450,421 (1)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
4.66% based on 31,098,025 shares outstanding as of December 11, 2009. (1)
 
12. 
 
 
Type of Reporting Person:
 
CO

 

(1) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 1,450,421 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).

 
 
 


 
 CUSIP No.:  61748W108     Page 3 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS LLC
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           1,450,421 (1)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   1,450,421 (1)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,450,421 (1)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
4.66% based on 31,098,025 shares outstanding as of December 11, 2009. (1)
 
12. 
 
 
Type of Reporting Person:
 
OO


(1) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 1,450,421 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 


 
 CUSIP No.:  61748W108     Page 4 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           799,591 (2)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   799,591 (2)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
799,591 (2)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
2.63% based on 30,447,195 shares outstanding as of December 11, 2009. (2)
 
12. 
 
 
Type of Reporting Person:
 
PN


(2) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 799,591 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 



 
 CUSIP No.:  61748W108     Page 5 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS GP, LLC
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           799,591 (2)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   799,591 (2)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
799,591 (2)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
2.63% based on 30,447,195 shares outstanding as of December 11, 2009. (2)
 
12. 
 
 
Type of Reporting Person:
 
OO
 

(2) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 799,591 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 



 
 CUSIP No.:  61748W108     Page 6 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
CREDIT DISTRESSED BLUE LINE MASTER FUND, LTD.
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Cayman Islands
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           650,830 (3)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   650,830 (3)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
650,830 (3)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
2.15% based on 30,298,434 shares outstanding as of December 11, 2009. (3)
 
12. 
 
 
Type of Reporting Person:
 
OO
 
 
(3) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 650,830 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).

 



 
 CUSIP No.:  61748W108     Page 7 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS II LP
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           650,830 (3)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   650,830 (3)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
650,830 (3)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
2.15% based on 30,298,434 shares outstanding as of December 11, 2009. (3)
 
12. 
 
 
Type of Reporting Person:
 
OO

 
(3) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 650,830 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 



 
 CUSIP No.:  61748W108     Page 8 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER CAPITAL PARTNERS II GP LLC
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           650,830 (3)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   650,830 (3)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
650,830 (3)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
2.15% based on 30,298,434 shares outstanding as of December 11, 2009. (3)
 
12. 
 
 
Type of Reporting Person:
 
OO
 

(3) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 650,830 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 

 
 
 

 
 CUSIP No.:  61748W108     Page 9 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
HARBINGER HOLDINGS, LLC
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
Delaware
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           2,250,012 (4)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   2,250,012 (4)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
2,250,012 (4)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
7.05% based on 31,897,616 shares outstanding as of December 11, 2009. (4)
 
12. 
 
 
Type of Reporting Person:
 
OO


(4) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 2,250,012 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 

 

 
 CUSIP No.:  61748W108     Page 10 of 19 Pages
 
 
1. 
 
 
Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).
 
PHILIP FALCONE
 
2. 
 
 
Check the Appropriate Box if a Member of a Group
 
(a) [  ]
 
(b) [  ]
 
3. 
 
 
SEC Use Only
 
4. 
 
 
Citizenship or Place of Organization
 
United States of America
 
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With
 
5. 
 
 
Sole Voting Power                                                None
 
6. 
 
 
Shared Voting Power                                           2,900,842 (5)
 
7. 
 
 
Sole Dispositive Power                                        None
 
8. 
 
 
Shared Dispositive Power                                   2,900,842 (5)
 
9. 
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
2,900,842 (5)
 
10. 
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
[  ]
 
11. 
 
 
Percent of Class Represented by Amount in Row (9)
 
8.91% based on 32,548,446 shares outstanding as of December 11, 2009. (5)
 
12. 
 
 
Type of Reporting Person:
 
IN

 
(5) This amount consists of Shares that the Reporting Person may be entitled to obtain upon the conversion of convertible bonds.  Reporting Persons have added 2,900,842 Shares (as defined herein) to the number of Shares outstanding based upon an amount of Shares that the Reporting Persons are entitled to obtain upon the conversion of convertible bonds as per Rule 13d-3(d)(1)(i).


 
 

 
 
Page 11 of 19 Pages
 

Item 1(a).
Name of Issuer:
 
 
Morgans Hotel Group Co. (the “Issuer”)
 
Item 1(b).
 
Address of Issuer’s Principal Executive Offices:
 
 
475 Tenth Avenue, New York, NY 10018 
 
Item 2(a).
 
Name of Person Filing:
 
This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):

i)  Harbinger Capital Partners Master Fund I, Ltd. (the “Master Fund”);

ii) Harbinger Capital Partners LLC (“Harbinger LLC”);

iii)  Harbinger Capital Partners Special Situations Fund, L.P. (the “Special Fund”);

iv)  Harbinger Capital Partners Special Situations GP, LLC (“HCPSS”);

v)  Credit Distressed Blue Line Master Fund, Ltd. (the “Blue Line Fund”);

vi) Harbinger Capital Partners II LP (“HCP II”);

vii) Harbinger Capital Partners II GP LLC (“HCP II GP”);

viii) Harbinger Holdings, LLC (“Harbinger Holdings”); and

ix) Philip Falcone (“Mr. Falcone”).

This Statement relates to Shares (as defined herein) held for the accounts of the Master Fund, the Special Fund and the Breakaway Fund.

Harbinger LLC serves as the investment manager and investment advisor to the Master Fund.  HCPSS serves as the general partner of the Special Fund.  HCP II serves as the investment manager to the Blue Line Fund.  HCP II GP serves as the general partner of HCP II.  Harbinger Holdings serves as the manager of Harbinger LLC, and the managing member of  HCPSS.  Mr. Falcone serves as the managing member of HCP II GP and Harbinger Holdings and the portfolio manager of the Master Fund, the Special Fund and the Blue Line Fund.  In such capacity, Harbinger Holdings and Mr. Falcone may be deemed to have voting and dispositive power over the Shares held for the Master Fund and the Special Fund.  Mr. Falcone may also be deemed to have voting and dispositive power over the Shares held for the Blue Line Fund. 

 
Item 2(b).
 
Address of Principal Business Office or, if None, Residence:

                 T
he address of the principal business office of each of Harbinger LLC, the Special Fund, HCPSS, HCP II,  HCP II GP, Harbinger Holdings and Mr. Falcone is 450 Park Avenue, 30th Floor, New York, NY 10022.
 
 

 
 
Page 12 of 19 Pages
 
 

The address of the principal business office of each of the Master Fund and the Blue Line Fund is c/o International Fund Services (Ireland) Limited, Third Floor, Bishop’s Square, Redmond’s Hill, Dublin 2, Ireland.

Item 2(c).               Citizenship:

i)  The Master Fund is a Cayman Islands exempted company;

ii)  Harbinger LLC is a Delaware limited liability company;

iii)  The Special Fund is a Delaware limited partnership;

iv)  HCPSS is a Delaware limited liability company;

v)  The Blue Line Fund is a Cayman Islands exempted company;

vi)  HCP II is a Delaware limited partnership;

vii)  HCP II GP is a Delaware limited liability company;

viii)  Harbinger Holdings is a Delaware limited liability company; and

ix)  Mr. Falcone is a citizen of the United States of America.

Item 2(d).               Title of Class of Securities:
 
Common Stock, par value $0.01 per share (the “Shares”).
 
Item 2(e).               CUSIP Number:
 
61748W108
 
Item 3.                    If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c),
                          Check Whether the Person Filing is a:

(a)
   [  ]
Broker or dealer registered under Section 15 of the Exchange Act.
(b)
   [  ]
Bank as defined in Section 3(a)(6) of the Exchange Act.
(c)
   [  ]
Insurance company as defined in Section 3(a)(19) of the Exchange Act.
(d)
   [  ]
Investment company registered under Section 8 of the Investment Company Act.
(e)
   [  ]
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)
   [  ]
An employee benefit plan or endowment fund in accordance with  Rule 13d-1(b)(1)(ii)(F).
(g)
   [  ]
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).
(h)
   [  ]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
 
 
 

 
 
Page 13 of 19 Pages
 

 
(i)
   [  ]
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.
 
(j)
   [  ]
Group in accordance with Rule 13d-1(b)(l)(ii)(K).
 
Item 4.                     Ownership:
 
Item 4(a)                 Amount Beneficially Owned:
 
As of December 31, 2009, Harbinger LLC may be deemed to be the beneficial owners of 1,450,421 Shares held for the account of the Master Fund; HCPSS may be deemed to be the beneficial owners of 799,591 Shares held for the account of the Special Fund; and HCP II and HCP II GP may be deemed to be the beneficial owners of 650,830 Shares held for the account of the Blue Line Fund.  These amounts consist of Shares that the Reporting Persons may be deemed to own upon conversion of convertible bonds as per Rule 13d-3(d)(1)(i).

                                As of December 31, 2009, Harbinger Holdings may be deemed to be the beneficial owner of 2,250,012 Shares.  This amount consists of: (A) 1,450,421 Shares held for the account of the Master Fund; and (B) 799,591 Shares held for the account of the Special Fund.  These amounts consist of Shares that the Reporting Persons may be deemed to own upon conversion of convertible bonds as per Rule 13d-3(d)(1)(i).
 
As of December 31, 2009, Mr. Falcone may be deemed to be the beneficial owner of 2,900,842 Shares.  This amount consists of: (A) 1,450,421 Shares held for the account of the Master Fund; (B) 799,591 Shares held for the account of the Special Fund; and (C) 650,830 Shares held for the account of the Blue Line Fund.  These amounts consist of Shares that the Reporting Persons may be deemed to own upon conversion of convertible bonds as per Rule 13d-3(d)(1)(i).

Item 4(b)                 Percent of Class:

The number of Shares of which Harbinger LLC may be deemed to be the beneficial owner constitutes approximately 4.66% of the total number of Shares outstanding (based upon information provided by the Issuer in its Schedule 14A filed on December 28, 2009, there were 29,647,604 shares outstanding as of December 11, 2009.  Pursuant to Rule 13d- 3(d)(1)(i), 1,450,421 Shares which are entitled to be obtained upon the conversion of convertible bonds have been added to the Issuer’s number of Shares outstanding, therefore totaling 31,098,025, as the number of Shares outstanding).

The number of Shares of which HCPSS may be deemed to be the beneficial owner constitutes approximately 2.63% of the total number of Shares outstanding (based upon information provided by the Issuer in its Schedule 14A filed on December 28, 2009, there were 29,647,604 shares outstanding as of December 11, 2009.  Pursuant to Rule 13d- 3(d)(1)(i), 799,591 Shares which are entitled to be obtained upon the conversion of convertible bonds have been added to the Issuer’s number of Shares outstanding, therefore totaling 30,447,195, as the number of Shares outstanding).

The number of Shares of which each of HCP II and HCP II GP may be deemed to be the beneficial owner constitutes approximately 2.15% of the total number of Shares outstanding (based upon information provided by the Issuer in its Schedule 14A filed on December 28, 2009, there were 29,647,604 shares outstanding as of December 11, 2009.  Pursuant to Rule 13d- 3(d)(1)(i), 650,830 Shares which are entitled to be obtained upon the conversion of convertible bonds have been added to the Issuer’s number of Shares outstanding, therefore totaling 30,298,434, as the number of Shares outstanding).

The number of Shares of which Harbinger Holdings may be deemed to be the beneficial owner constitutes approximately 7.05% of the total number of Shares outstanding (based upon information provided by the Issuer in its Schedule 14A filed on December 28, 2009, there were 29,647,604 shares outstanding as of December 11, 2009.  Pursuant to Rule 13d- 3(d)(1)(i), 2,250,012 Shares which are entitled to be obtained upon the conversion of convertible bonds have been added to the Issuer’s number of Shares outstanding, therefore totaling 31,897,616, as the number of Shares outstanding).

The number of Shares of which Mr. Falcone may be deemed to be the beneficial owner constitutes approximately 8.91% of the total number of Shares outstanding (based upon information provided by the Issuer in its Schedule 14A filed on December 28, 2009, there were 29,647,604 shares outstanding as of December 11, 2009.  Pursuant to Rule 13d- 3(d)(1)(i), 2,900,842 Shares which are entitled to be obtained upon the conversion of convertible bonds have been added to the Issuer’s number of Shares outstanding, therefore totaling 32,548,446, as the number of Shares outstanding).

Item 4(c)                 Number of Shares of which such person has:
 
The Master Fund and Harbinger LLC:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
1,450,421
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
1,450,421
 
 

 
 
Page 14 of 19 Pages
 
 
The Special Fund and HCPSS:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
799,591
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
799,591

The Blue Line Fund, HCP II and HCP II GP:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
650,830
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
650,830
 
Harbinger Holdings:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
2,250,012
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
2,250,012
 
Mr. Falcone:
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
2,900,842
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
2,900,842
 
Item 5.                     Ownership of Five Percent or Less of a Class:
 
 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].
 
Item 6.                     Ownership of More than Five Percent on Behalf of Another Person:
 
This Item 6 is not applicable.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

This Item 7 is not applicable.
 
Item 8.                     Identification and Classification of Members of the Group:
 
This Item 8 is not applicable.
 
Item 9.                    Notice of Dissolution of Group:
 
This Item 9 is not applicable.
 
Item 10.                  Certification:
 
By signing below each of the Reporting Persons certifies that, to the best of their knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect
 
 

 
 
 

 
 
Page 15 of 19 Pages
 
 
 

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS MASTER
FUND I, LTD.
 
       
  By: HARBINGER CAPITAL PARTNERS LLC   
       
  By: HARBINGER HOLDINGS, LLC  
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS LLC
 
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS SPECIAL
SITUATIONS FUND, L.P.
 
       
  By: HARBINGER CAPITAL PARTNERS SPECIAL  
  SITUATIONS GP, LLC  
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS SPECIAL
SITUATIONS GP, LLC
 
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
CREDIT DISTRESSED BLUE LINE MASTER FUND, LTD.
 
       
  By: HARBINGER CAPITAL PARTNERS II LP  
       
  By: HARBINGER CAPITAL PARTNERS II GP LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS II LP
 
       
  By: HARBINGER CAPITAL PARTNERS II GP LLC  
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
 

 
Page 16 of 19 Pages
 
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS II GP LLC
 
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER HOLDINGS, LLC
 
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
PHILIP FALCONE
 
       
 
By:
/s/  Philip Falcone  
       
 
 
 

 
Page 17 of 19 Pages
 
 
 
 
EXHIBIT INDEX
 
Ex.
 
Page No.
A
Joint Filing Agreement, dated February 16, 2010 by and among the Reporting Persons…………………………………..
18

 
 
 
 

 
Page 18 of 19 Pages
 

 
EXHIBIT A

JOINT FILING AGREEMENT

The undersigned agree that the statement on Schedule 13G with respect to the Common Stock of Morgans Hotel Group Co. dated as of February 16, 2010 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS MASTER
FUND I, LTD.
 
       
  By: HARBINGER CAPITAL PARTNERS LLC   
       
  By: HARBINGER HOLDINGS, LLC  
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS LLC
 
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS SPECIAL
SITUATIONS FUND, L.P.
 
       
  By: HARBINGER CAPITAL PARTNERS SPECIAL  
  SITUATIONS GP, LLC  
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS SPECIAL
SITUATIONS GP, LLC
 
       
  By: HARBINGER HOLDINGS, LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
CREDIT DISTRESSED BLUE LINE MASTER FUND, LTD.
 
       
  By: HARBINGER CAPITAL PARTNERS II LP  
       
  By: HARBINGER CAPITAL PARTNERS II GP LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
 

 
 
Page 19 of 19 Pages
 
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS II LP
 
       
  By: HARBINGER CAPITAL PARTNERS II GP LLC   
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER CAPITAL PARTNERS II GP LLC
 
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
HARBINGER HOLDINGS, LLC
 
       
 
By:
/s/  Philip Falcone  
  Name :  Philip Falcone  
  Title:     Managing Member  
       
 
Date:   February 16, 2010
PHILIP FALCONE
 
       
 
By:
/s/  Philip Falcone  
       
 
 

-----END PRIVACY-ENHANCED MESSAGE-----