SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* ACMO-HR, L.L.C. (Last) (First) (Middle) C/O ANCHORAGE ADVISORS, L.L.C. 610 BROADWAY, 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/30/2010	3. Issuer Name and Ticker or Trading Symbol HAMPTON ROADS BANKSHARES INC [ HMPR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	153,020,190	D(1)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant	09/30/2010	09/30/2020	Common Stock, par value $0.01 per share	15,693,704	$0.4	D(1)(2)(3)

1. Name and Address of Reporting Person* ACMO-HR, L.L.C. (Last) (First) (Middle) C/O ANCHORAGE ADVISORS, L.L.C. 610 BROADWAY, 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Davis Anthony Lynn (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Ulrich Kevin Michael (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Anchorage Capital Master Offshore, Ltd (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Anchorage Advisors, LLC (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Anchorage Advisors Management, LLC (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Anchorage Advisors Management, L.L.C. is the sole managing member of Anchorage Advisors, L.L.C., the investment advisor to Anchorage Capital Master Offshore, Ltd., the sole member of ACMO-HR, L.L.C. Mr. Davis is the President of Anchorage Advisors, L.L.C. and a managing member of Anchorage Advisors Management, L.L.C. Mr. Ulrich is the Chief Executive Officer of Anchorage Advisors, L.L.C. and the other managing member of Anchorage Advisors Management, L.L.C

2. The Warrant for the purchase of the shares of the issuer's common stock, par value $0.01 per share ("Warrant Shares"), is held for the account of ACMO-HR, L.L.C.

3. Each of the reporting persons may be deemed to be a beneficial owner of the Shares, the Warrant and the Warrant Shares for purposes of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934 (the "Exchange Act"). Each of the reporting persons disclaims beneficial ownership thereof within the meaning of Rule 16a-1(a)(2) under the Exchange Act except to the extent, if any, of its pecuniary interest therein.

Remarks:

	By: /s/ Natalie Birrell, Chief Operating Officer of Anchorage Advisors, L.L.C.	10/12/2010
	By: /s/ Natalie Birrell, Chief Operating Officer of Anchorage Advisors, L.L.C., Investment Manager of Anchorage Capital Master Offshore, Ltd., Sole Member of ACMO-HR, L.L.C	10/12/2010
	By: /s/ Anthony L. Davis	10/12/2010
	By: /s/ Kevin M. Ulrich	10/12/2010
	/s/ Kevin M. Ulrich, Managing Member of Anchorage Capital Master Offshore, Ltd.	10/12/2010
	/s/ Natalie Birrell, Director of Anchorage Capital Master Offshore, Ltd.	10/12/2010
	** Signature of Reporting Person	Date
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