-----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, VrlqJYQl1oz1lvjF/h8tGVot1u7511d7XmnOYU3+oETqcPQwLmITq/jekD/Yfj92 WsCO1iPvdQkbjIwGSBMiUA== 0000950123-96-006201.txt : 19961106 0000950123-96-006201.hdr.sgml : 19961106 ACCESSION NUMBER: 0000950123-96-006201 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19961105 SROS: NONE GROUP MEMBERS: G&O PARTNERS LP GROUP MEMBERS: GANET & ORWICZ PARTNERS, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RALLYS HAMBURGERS INC CENTRAL INDEX KEY: 0000854873 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 621210077 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-40496 FILM NUMBER: 96654707 BUSINESS ADDRESS: STREET 1: 10002 SHELBYVILLE RD STE 150 CITY: LOUISVILLE STATE: KY ZIP: 40223 BUSINESS PHONE: 5022458900 MAIL ADDRESS: STREET 1: 10002 SHELBYVILLE RD STREET 2: STE 150 CITY: LOUISVILLE STATE: KY ZIP: 40223 FORMER COMPANY: FORMER CONFORMED NAME: RALLYS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: G&O PARTNERS LP CENTRAL INDEX KEY: 0001026425 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 430 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2125215010 MAIL ADDRESS: STREET 1: 430 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D 1 RALLY'S HAMBURGERS, INC. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Rally's Hamburgers, Inc. ------------------------------------------------------------ (Name of Issuer) Warrants ------------------------------------------------------------ (Title of Class and Securities) 751 203 156 ------------------------------------------------------------ (CUSIP Number) David K. Ganek Paul C. Orwicz G&O Partners, L.P. 430 Park Avenue New York, New York 10017 (212) 521-5010 ------------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: Douglas S. Ellenoff, Esq. Ellenoff Grossman & Schole 200 Madison Avenue, Suite 1900 New York, New York 10016 (212) 481-4141 ------------------------------------------------------------ September 20, 1996 ------------------------------------------------------------ (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 schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this statement [ X ]. 2 SCHEDULE 13D - ---------------------------------- ---------------------------------------- CUSIP NO. 751 203 156 PAGE 2 OF 7 PAGES --------------- ----- ----- - ---------------------------------- ---------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON G&O Partners, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 391,232 See Item 5 SHARES BENEFICIALLY ---------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER Not Applicable EACH REPORTING ---------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER 391,232 WITH ---------------------------------------------------------- 10 SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 471,362 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.77% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- 3 SCHEDULE 13D - ---------------------------------- ---------------------------------------- CUSIP NO. 751 203 156 PAGE 3 OF 7 PAGES --------------- ----- ----- - ---------------------------------- ---------------------------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ganet & Orwicz Partners, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York Corporation - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 80,130 See Item 5 NUMBER OF ---------------------------------------------------------- SHARES 8 SHARED VOTING POWER Not Applicable BENEFICIALLY OWNED BY --------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 80,130 REPORTING PERSON ---------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER Not Applicable - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 471,362 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.77% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 4 ITEM 1. SECURITY AND ISSUER. This statement relates to warrants (the "Warrants") exercisable into common stock, par value $.10 per share ("Common Stock") of Rally's Hamburgers, Inc., a Delaware corporation (the "Company"), 10002 Shelbyville Road, Suite 150, Louisville, Kentucky 40223. ITEM 2. IDENTITY AND BACKGROUND. (a)-(c) The name of the filers are G&O Partners, L.P., a Delaware partnership, and Ganek & Orwicz Partners, Inc., a New York Corporation (the "Filers"). The Filers principal business is investing. The address of the Filers principal business and office is c/o G&O Partners, L.P., 430 Park Avenue, New York, New York 10017. (d) During the last five (5) years, the Filers have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) During the last five (5) years, the Filers were not a party to a civil proceeding of a judicial or adminis- trative body of competent jurisdiction which resulted in the Filers being at any time 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 viola- tion with respect to such laws. (f) Not applicable ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The funds used to purchase the Warrants were from funds generally available to the Filers, which were raised in private offerings to investors. The Filers became owner of Warrants by acquiring transferable subscription rights to purchase units (the "Units") consisting of one share of the Company's common stock, par value $.10 per share (the "Common Stock") and one Warrant to purchase an additional share of Common Stock. The Filers subscribed for Units on September 20, 1996. 4 5 ITEM 4. PURPOSE OF TRANSACTION. The Filers intend to monitor the market for the Warrants and may purchase or sell some or all of the Warrants from time to time, depending on market conditions. Such purchase or sale could be in one or more public or private transactions. The Filers have no current intentions which relate to or would result in any of the following events: (a) The acquisition by any person of additional securities of the Company, or the disposition of securities of the Company, except that the Filers intend to monitor the market for the Warrants and may purchase or sell some or all of the Warrants from time to time, depending on market conditions; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) Any change in the present board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Company; (f) Any other material change in the Company's business or corporate structure; (g) Changes in the Company's Articles of Incorporation or Bylaws or other actions which may impede the acquisition of control of the issuer by any person; (h) Causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted on an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. 5 6 ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) G&O Partners, L.P. 391,232 Warrants 8.11% Ganek & Orwicz Partners, Inc. 80,130 Warrants 1.66% Total 471,362 Warrants 9.77% (b) G&O Partners, L.P. Sole Voting Power 391,232(1) Shared Voting Power Not Applicable Sole Dispositive Power 391,232 Shared Dispositive Power Not Applicable Ganek & Orwicz Partners, Inc. Sole Voting Power 80,130(2) Shared Voting Power Not Applicable Sole Dispositive Power 80,130 Shared Dispositive Power Not Applicable (c) The Filers became owner of Warrants by acquiring the Units. The Filers subscribed for Units on September 20, 1996. The Filers have been active in trading the Warrants and the underlying securities since the acquisition of the Warrants. (d) None (e) Not Applicable ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Not Applicable ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. 1. Joint Filing Statement - -------- 1 The Warrants have no voting rights. However the Warrants are exercisable into shares of Common Stock which have the right to vote. 2 The Warrants have no voting rights. However the Warrants are exercisable into shares of Common Stock which have the right to vote. 7 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. Date: October 31, 1996 Signature: G&O PARTNERS, L.P. By: /s/ Paul C. Orwicz --------------------- Name: Ganek & Orwicz Partners, Inc. Title: General Partner GANEK & ORWICZ PARTNERS, INC. By: /s/ Paul C. Orwicz --------------------- Name: Paul C. Orwicz Title: Corporate Secretary 8 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 JOINT FILING STATEMENT EX-99.1 2 JOINT FILING STATEMENT 1 EXHIBIT 1 JOINT FILING STATEMENT This Joint Filing Statement is executed this 31st day of October, 1996 among G&O Partners, L.P., a Delaware limited partnership and Ganek & Orwicz Partners, Inc., a New York corporation. G&O Partners, L.P. and Ganek & Orwicz Partners, Inc. do hereby agree to file jointly with the Securities and Exchange Commission any Schedules or other filings or amendments thereto pursuant to Section 13(d) of the Securities Exchange Act of 1934. G&O PARTNERS, L.P. By: /s/ Paul C. Orwicz ------------------------------------- Name: Ganek & Orwicz Partners, Inc. Title: General Partner GANEK & ORWICZ PARTNERS, INC. By: /s/ Paul C. Orwicz ------------------------------------- Name: Paul C. Orwicz Title: Corporate Secretary -----END PRIVACY-ENHANCED MESSAGE-----