13F-HR 1 d1072221_13f-hr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F Cover Page Report for the Calendar Year or Quarter Ended: December 31, 2009 Check here if Amendment: |_|; Amendment Number: ____ This Amendment (Check only one): |_| is a restatement |_| adds new holding entries. Institutional Manager Filing this Report: Name: Contrarian Capital Management, L.L.C. Address: 411 West Putnam Avenue Suite 225 Greenwich, CT 06830 13F File Number: 028-10718 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jon R. Bauer Title: Managing Member Phone: (203) 862-8200 Signature, Place and Date of Signing: /s/ Jon R. Bauer Greenwich, Connecticut February 16, 2010 ----------------------- -------------------------- ---------------------- [Signature] [City, State] [Date] Report Type: (Check only one): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report). [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: NONE Form 13F Information Table Entry Total: 37 Form 13F Information Table Value Total: 173,753 (thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE December 31, 2009
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------------------- -------------- --------- --------- -------------------- ---------- -------- ---------------------- VALUE SHS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MGRS SOLE SHARED NONE ---------------------------- -------------- --------- --------- --------- --- ---- ---------- -------- --------- ------ ---- ALLEGHENY ENERGY INC COM 017361106 2,802 119,350 SH SOLE NONE 119,350 ANNALY CAP MGMT INC COM 035710409 2,284 131,656 SH SOLE NONE 131,656 AVIS BUDGET GROUP COM 053774105 3,557 271,092 SH SOLE NONE 271,092 BARCLAYS BK PLC IPATH SHRT ETN 06740C527 879 25,800 SH SOLE NONE 25,800 CEDAR FAIR L P DEPOSITRY UNIT 150185106 8,402 736,352 SH SOLE NONE 736,352 CIT GROUP INC COM NEW 125581801 33,847 1,225,896 SH SOLE NONE 1,225,896 CITIGROUP INC COM 172967101 9,556 2,887,000 SH SOLE NONE 2,887,000 CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 11,899 1,145,245 SH SOLE NONE 1,145,245 DANA HOLDING CORP COM 235825205 4,734 436,731 SH SOLE NONE 436,731 DELTA AIR LINES INC DEL COM NEW 247361702 20,791 1,826,987 SH SOLE NONE 1,826,987 DISCOVER FINL SVCS COM 254709108 2,486 169,000 SH SOLE NONE 169,000 DISNEY WALT CO COM DISNEY 254687106 1,567 48,600 SH SOLE NONE 48,600 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 3,997 156,090 SH SOLE NONE 156,090 DYNEGY INC DEL CL A 26817G102 7,562 4,177,776 SH SOLE NONE 4,177,776 GMX RES INC COM 38011M108 601 43,764 SH SOLE NONE 43,764 HORSEHEAD HLDG CORP COM 440694305 3,279 257,158 SH SOLE NONE 257,158 HUDSON CITY BANCORP COM 443683107 3,639 265,067 SH SOLE NONE 265,067 LAMAR ADVERTISING CO CL A 512815101 1,642 52,800 SH SOLE NONE 52,800 LEAR CORP COM NEW 521865204 4,386 64,843 SH SOLE NONE 64,843 MASTERCARD INC CL A 57636Q104 3,674 14,353 SH SOLE NONE 14,353 NORTH AMERN ENERGY PARTNERS COM 656844107 1,176 162,009 SH SOLE NONE 162,009 OWENS CORNING NEW COM 690742101 7,725 301,305 SH SOLE NONE 301,305 PENN MILLERS HLDG CORP COM 707561106 671 61,000 SH SOLE NONE 61,000 PFIZER INC COM 717081103 3,312 182,104 SH SOLE NONE 182,104 RSC HOLDINGS INC COM 74972L102 1,349 191,650 SH SOLE NONE 191,650 RUSH ENTERPRISES INC CL A 781846209 1,174 98,771 SH SOLE NONE 98,771 SPDR GOLD TRUST GOLD SHS 78463V107 1,088 10,136 SH SOLE NONE 10,136 SPRINT NEXTEL CORP COM SER 1 852061100 5,711 1,560,450 SH SOLE NONE 1,560,450 STANCORP FINL GROUP INC COM 852891100 418 10,445 SH SOLE NONE 10,445 STANDARD PARKING CORP COM 853790103 2,892 182,118 SH SOLE NONE 182,118 TIME WARNER CABLE INC COM 88732J207 3,505 84,690 SH SOLE NONE 84,690 TOWN SPORTS INTL HLDGS INC COM 89214A102 132 56,529 SH SOLE NONE 56,529 U S G CORP COM NEW 903293405 4,752 338,215 SH SOLE NONE 338,215 VERISK ANALYTICS INC CL A 92345Y106 1,211 40,000 SH SOLE NONE 40,000 WASHINGTON POST CO CL B 939640108 3,188 7,251 SH SOLE NONE 7,251 WASTE MGMT INC DEL COM 94106l109 2,915 86,218 SH SOLE NONE 86,218 WEBSTER FINL CORP CONN COM 947890109 947 79,805 SH SOLE NONE 79,805
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