-----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, BGGx4gnhtC3o+tA1og9w96sMtFoUSnSjSQyMJh541lxC7TRy30Sk68AaFJ8FY5gn Nhi+ooxUc6qX6nO+p4lNyw== 0000895345-02-000431.txt : 20020812 0000895345-02-000431.hdr.sgml : 20020812 20020812124117 ACCESSION NUMBER: 0000895345-02-000431 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020812 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERSTATE HOTELS & RESORTS INC CENTRAL INDEX KEY: 0001059341 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 510379982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-54565 FILM NUMBER: 02726252 BUSINESS ADDRESS: STREET 1: 1010 WISCONSIN AVE NW CITY: WASHINGTON STATE: DC ZIP: 20007 BUSINESS PHONE: 2029654455 MAIL ADDRESS: STREET 1: 1010 WISCONSIN AVE N W CITY: WASHINGTON STATE: DC ZIP: 20007 FORMER COMPANY: FORMER CONFORMED NAME: MERISTAR HOTELS & RESORTS INC DATE OF NAME CHANGE: 19980407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CGLH PARTNERS I LP CENTRAL INDEX KEY: 0001123542 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: C/O LEHMAN BROTHERS HOLDINGS INC STREET 2: 200 VESEY STREET 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2125263137 SC 13D 1 pg13d_cglh.txt SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 Interstate Hotels & Resorts, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock (Par Value $ 0.01 Per Share) - -------------------------------------------------------------------------------- (Title of Class of Securities) 46088S 10 6 - -------------------------------------------------------------------------------- (CUSIP Number) Jonathan L. Mechanic, Esq. Richard E. Schatz, Esq. Fried, Frank, Harris, Shriver & Jacobson Stearns Weaver Miller Weissler One New York Plaza Alhadeff & Sitterson, P.A. New York, NY 10004 150 West Flagler Street, Suite 2200 (212) 859-8000 Miami, Florida 33130 (305) 789-3570 Hughes & Luce LLP 1717 Main Street Suite 2800 Dallas, TX 75201 (214) 939-5425 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) July 31, 2002 - -------------------------------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(g), check the following box |_|. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CGLH PARTNERS I LP - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,150,000 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 1,150,000 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ---------- --------------------------------------------------------------------- * Represents the aggregate amount of Common Stock beneficially owned by both CGLH Partners I LP and CGLH Partners II LP and includes 68,108 shares of Common Stock of which such entities are deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CGLH PARTNERS II LP - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 5,750,000 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 5,750,000 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 0 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - ---------- --------------------------------------------------------------------- * Represents the aggregate amount of Common Stock beneficially owned by both CGLH Partners I LP and CGLH Partners II LP and includes 68,108 shares of Common Stock of which such entities are deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON LB INTERSTATE GP LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which such entities are deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON LB INTERSTATE LP LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PAMI LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PROPERTY ASSET MANAGEMENT INC. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON LEHMAN ALI INC. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON LEHMAN BROTHERS HOLDINGS INC. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC/CO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MK/CG GP LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MK/CG LP LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CG INTERSTATE ASSOCIATES LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CONTINENTAL GENCOM HOLDINGS, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KFP INTERSTATE ASSOCIATES, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KFP INTERSTATE, LLC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 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 - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON GROSVENOR, LC - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KFP HOLDINGS, LTD. - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON QUADRANGLE TRUST COMPANY (BVI) LIMITED - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS WC/AF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION BRITISH VIRGIN ISLANDS - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - ---------- --------------------------------------------------------------------- * Includes 68,108 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SHERWOOD M. WEISER - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 20,830 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 20,830 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ---------- --------------------------------------------------------------------- * Includes 47,278 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON DONALD E. LEFTON - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 19,678 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 19,678 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6%** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ---------- --------------------------------------------------------------------- * Includes 48,430 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. SCHEDULE 13D - --------------------------------- CUSIP No. 46088S 10 6 - --------------------------------- - ---------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON KARIM ALIBHAI - ---------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - ---------- --------------------------------------------------------------------- 3 SEC USE ONLY - ---------- --------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - ---------- --------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ---------- --------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ---------- --------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 27,600 SHARES ------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 6,900,000 EACH ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER REPORTING 27,600 PERSON ------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER 6,900,000 - ---------- --------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,968,108* - ---------- --------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ---------- --------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.6** - ---------- --------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - ---------- --------------------------------------------------------------------- * Includes 40,508 shares of Common Stock of which the Reporting Person is deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). See Item 5. ** Based on 20,163,744 shares of Common Stock issued and outstanding as at July 31, 2002, as represented by the Issuer to the Reporting Persons. ITEM 1. SECURITY AND ISSUER. This statement on Schedule 13D relates to the common stock, par value $.01 per share (the "Common Stock") of Interstate Hotels & Resorts, Inc., a Delaware corporation (the "Company"). The principal executive offices of the Company are at 1010 Wisconsin Avenue, N.W., Washington D.C. 20007. ITEM 2. IDENTITY AND BACKGROUND. This Schedule 13D is being filed jointly on behalf of the following persons (collectively the "Reporting Persons")1 CGLH Partners I LP, a Delaware limited partnership; CGLH Partners II LP, a Delaware limited partnership; LB Interstate GP LLC, a Delaware limited liability company; LB Interstate LP LLC, a Delaware limited liability company; PAMI LLC, a Delaware limited liability company; Property Asset Management Inc., a Delaware corporation; Lehman ALI Inc., a Delaware corporation; Lehman Brothers Holdings Inc., a Delaware corporation; MK/CG GP LLC, a Delaware limited liability company; MK/CG LP LLC, a Delaware limited liability company; CG Interstate Associates LLC, a Delaware limited liability company; Continental Gencom Holdings, LLC, a Delaware limited liability company; Sherwood M. Weiser, an individual, and a citizen of the United States of America; Donald E. Lefton, an individual, and a citizen of the United States of America; Karim Alibhai, an individual, and a citizen of the United States of America; KFP Interstate Associates, LLC, a Delaware limited liability company; KFP Interstate, LLC, a Delaware limited liability company; KFP Holdings, Ltd., a Texas limited partnership; Grosvenor, LC, a Texas limited liability company; Quadrangle Trust Company (BVI) Limited, a British Virgin Islands corporation, as Trustee of The Newlyn Trust; - -------- 1 Neither the present filing nor anything contained herein will be construed as an admission that any Reporting Person constitutes a "person" for any purpose other than for compliance with Section 13(d) of the Securities Exchange Act of 1934, as amended. CGLH Partners I LP and CGLH Partners II LP are collectively referred to as the "CGLH Partnerships". The CGLH Partnerships make investments for long term appreciation. LB Interstate GP LLC and MK/CG GP LLC are both General Partners of each of the CGLH Partnerships and together make all of the investment decisions on behalf of the CGLH Partnerships. LB Interstate LP LLC and MK/CG LP LLC are both Limited Partners of each of the CGLH Partnerships. The principal business and office address of each of the CGLH Partnerships is 745 Seventh Avenue, New York, NY 10019. MK/CG GP LLC and MK/CG LP LLC each make investments for long term appreciation. MK/CG GP LLC and MK/CG LP LLC are each owned 66.67% by CG Interstate Associates LLC and 33.33% by KFP Interstate Associates, LLC, which together make all of the investment decisions on behalf of each of MK/CG GP LLC and MK/CG LP LLC. The principal business and office address of each of MK/CG GP LLC and MK/CG LP LLC is 3250 Mary Street, Suite 500, Miami, Florida 33133. CG Interstate Associates LLC makes investments for long term appreciation. CG Interstate Associates LLC participates in investment decisions made on behalf of MK/CG GP LLC and MK/CG LP LLC as a Managing Member of those entities. CG Interstate Associates LLC is a wholly owned subsidiary of Continental Gencom Holdings, LLC, which makes all investment decisions on its behalf as its Managing Member. Continental Gencom Holdings, LLC makes investments for long term appreciation. It is owned 30% by Sherwood M. Weiser, 30% by Donald E. Lefton, and 40% by Karim Alibhai, who are each a Managing Member of Continental Gencom Holdings, LLC, and who together make all of its investment decisions. CG Interstate Associates LLC, Continental Gencom Holdings, LLC, Sherwood M. Weiser, Donald E. Lefton, and Karim Alibhai are collectively referred to herein as the "CG Investors". The principal business and office address of each of the CG Investors is 3250 Mary Street, Suite 500, Miami, Florida 33133. KFP Interstate Associates, LLC makes investments for long term appreciation. KFP Interstate Associates, LLC participates in investment decisions made on behalf of MK/CG GP LLC and MK/CG LP LLC. KFP Interstate Associates, LLC is owned 99.5% by KFP Interstate, LLC which makes all investment decisions on its behalf as its Managing Member, and 0.5% by the Estate of Rochelle Seeman in Trust for St. Paul's Hospital Foundation. The principal business and office address of KPF Interstate Associates, LLC is 545 E. John Carpenter Freeway, Suite 1400, Irving, Texas 75062. KFP Interstate, LLC makes investments for long term appreciation. KFP Interstate, LLC is a wholly owned subsidiary of KFP Holdings, Ltd, which makes all investment decisions on its behalf as its Managing Member. The principal business and office address of KPF Interstate, LLC is 545 E. John Carpenter Freeway, Suite 1400, Irving, Texas 75062. KFP Holdings Ltd. makes investments for long term appreciation. It is owned 1% by Grosvenor, LC and 33% by each of Jaffer Khimji Grantor Trust, St. Giles Trust and Mahmood Khimji. Grosvenor, LC is its General Partner and makes all investment decisions on its behalf. Grosvenor, LC makes investments for long term appreciation. It is wholly owned by Quadrangle Trust Company (BVI) Limited as sole Trustee of The Newlyn Trust, a discretionary trust, which makes all investment decisions on its behalf. The principal business and office address of Grosvenor, LC is 545 E. John Carpenter Freeway, Suite 1400, Irving, Texas 75062. Quadrangle Trust Company (BVI) Limited is a company regulated and licensed by the British Virgin Islands government that provides trustee services. Its principal business and office address is PO Box 438, Tropic Isle Building, Wickshams Cay 1, Roadtown, Tortola, British Virgin Islands. KFP Interstate Associates, LLC, KFP Interstate, LLC, KFP Holdings, Ltd., Grosvenor, LC, and Quadrangle Trust Company (BVI) Limited are collectively referred to herein as the "KFP Investors". LB Interstate GP LLC and LB Interstate LP LLC each make investments for long term appreciation. Each is wholly owned by PAMI LLC, which makes all investment decisions on its behalf. The principal business and office address of each of LB Interstate GP LLC and LB Interstate LP LLC is 745 Seventh Avenue, New York, NY 10019. PAMI LLC makes investments for long term appreciation. It is wholly owned by Property Asset Management Inc., which makes all investment decisions on its behalf. The principal business and office address of PAMI LLC is 745 Seventh Avenue, New York, NY 10019. Property Asset Management Inc. makes investments for long term appreciation. It is 99.75% owned by Lehman ALI Inc., which makes all investment decisions on its behalf. Lehman ALI Inc. makes investments for long term appreciation. It is wholly owned by Lehman Brothers Holdings Inc., which makes all investment decisions on its behalf. Lehman Brothers Holdings Inc., through its domestic and foreign subsidiaries, is one of the leading global investment banks, serving institutional, corporate, government and high-net-worth individual clients and customers. Lehman Brothers Holdings Inc. is a public listed company. LB Interstate GP LLC, LB Interstate LP LLC, PAMI LLC, Property Asset Management Inc., Lehman ALI Inc. and Lehman Brothers Holdings Inc. are collectively referred to herein as the "Lehman Investors". The business address of, and the name, business address, present principal occupation or employment and citizenship of each executive officer and director or limited partner of Reporting Persons Property Asset Management Inc., Lehman ALI Inc., Lehman Brothers Holding Inc., KFP Holdings Inc. and Quadrangle Trust Company (BVI) Limited are set forth in Schedules A through E hereto which are incorporated herein by reference. During the last five years, none of the Reporting Persons nor, to the knowledge of each of the Reporting Persons, the persons listed on Schedules A through E hereto (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws, with the potential exceptions described in the next paragraph. Lehman Brothers Inc., an affiliate of the Lehman Investors, has been involved in a number of civil proceedings which concern matters arising in connection with the conduct of its business. Certain of such proceedings have resulted in findings of violation of federal or state securities laws. Each of these proceedings was settled by Lehman Brothers Inc. consenting to the entry of an order without admitting or denying the allegations in the complaint. All of such proceedings are reported and summarized in the Schedule D to Lehman Brothers Inc.'s Form BD filed with the Securities and Exchange Commission, which descriptions are hereby incorporated by reference. The Reporting Persons have entered into a Joint Filing Agreement, dated as of August 9, 2002, a copy of which is attached hereto as Exhibit 99.1. Neither the fact of this filing nor anything contained herein shall be deemed an admission by the Reporting Persons that the constitute a "group" as such term is used in Section 13(d)(1)(k) of the rules and regulations under the Exchange Act. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On July 31, 2002, Interstate Hotels Corporation, a Maryland corporation merged with and into the Company with the Company surviving (the "Merger"). Prior to the Merger, the CGLH Partnerships held securities of Interstate Hotels Corporation (the "Interstate Securities") which they had acquired on October 20, 2000 for $30,000,000, as more fully described in a statement on Schedule 13D filed by CGLH Partners I LP on Interstate Hotels Corporation with the Securities and Exchange Commission on September 11, 2000, as amended, which description is incorporated herein by reference. In connection with the Merger and in accordance with the agreement and plan of merger, on July 31, 2002 all shares of common stock of Interstate Hotels Corporation and all securities convertible into such common stock, including the Interstate Securities, were exchanged for shares of Common Stock. The funds for the CGLH Partnerships' purchase of the Interstate Securities were obtained from their available funds as working capital or capital contributions by their direct or indirect owners, funded from their available funds. None of the individuals listed on Schedules A through E hereto has contributed any funds or other consideration towards the purchase of the securities held by the CGLH Partnerships except insofar as they may have partnership interests in any of the Reporting Persons and have made capital contributions to any of the Reporting Persons, as the case may be. ITEM 4. PURPOSE OF TRANSACTION 1. Intentions of Reporting Persons The CGLH Partnerships intend to continually evaluate the business, prospects and financial condition of the Company, the market for the Common Stock, other opportunities available to the CGLH Partnerships, general economic conditions, money and stock market conditions and other factors and future developments which the CGLH Partnerships may deem relevant from time to time. Depending on such factors, the CGLH Partnerships may decide to sell all or part of the shares they hold. Any such acquisition or disposition of Common Stock may be effected through open market or privately negotiated transactions, or otherwise. The Lehman Investors intend to continually evaluate the business, prospects and financial condition of the Company, the market for the Common Stock, other opportunities available to the Lehman Investors, general economic conditions, money and stock market conditions and other factors and future developments which the Lehman Investors may deem relevant from time to time. Depending on such factors, the Lehman Investors may decide to sell all or part of the shares they hold. Any such acquisition or disposition of Common Stock may be effected through open market or privately negotiated transactions, or otherwise. The CG Investors intend to continually evaluate the business, prospects and financial condition of the Company, the market for the Common Stock, other opportunities available to the CG Investors, general economic conditions, money and stock market conditions and other factors and future developments which the CG Investors may deem relevant from time to time. Depending on such factors, the CG Investors may decide to sell all or part of the shares they hold. Any such acquisition or disposition of Common Stock may be effected through open market or privately negotiated transactions, or otherwise. The shares of common stock of Interstate Hotels Corporation that were exchanged in the Merger for the shares of Common Stock of the Company beneficially owned by each of Messrs. Weiser, Lefton and Alibhai on July 31, 2002 were acquired by such individuals for long-term investment purposes. The KFP Investors intend to continually evaluate the business, prospects and financial condition of the Company, the market for the Common Stock, other opportunities available to the KFP Investors, general economic conditions, money and stock market conditions and other factors and future developments which the KFP Investors may deem relevant from time to time. Depending on such factors, the KFP Investors may decide to sell all or part of the shares they hold. Any such acquisition or disposition of Common Stock may be effected through open market or privately negotiated transactions, or otherwise. Except as set forth above in this Item 4, none of the CGLH Investors, the Lehman Investors, the CG Investors, and the KFP Investors have any specific plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D. 2. Right to Appoint Directors As an inducement for the CGLH Partnerships to enter into certain agreements to support the Merger, the CGLH Partnerships entered into a letter agreement with the Company and Interstate Hotels Corporation, dated May 1, 2002, a copy of which appears as exhibit 99.2 to the amended statement on Schedule 13D filed with the SEC by the Reporting Persons on Interstate Hotels Corporation on May 10, 2002, and which is incorporated herein by reference. Pursuant to that letter agreement, the parties agreed that for so long as the CGLH Partnerships or their Permitted Transferees (as defined therein) continue to hold at least 75% of the shares of common stock of the Company that they beneficially own as at the effective time of the Merger, then the Company shall include in the slate of directors recommended for election by the board of directors to the stockholders of the Company, that number of persons designated by the CGLH Partnerships as would result in there being five such designee directors on the board if all of such designee directors were elected (or such lesser number as there are vacancies on the board). The right of the CGLH Partnerships to have such designees recommended for election terminates after 18 months. Immediately prior to the closing of the Merger, the Company, the CGLH Partnerships and certain shareholders of the Company entered into a Stockholder and Board Composition Agreement. The following summary of that agreement is qualified by reference to the full text of that agreement, a copy of which appears as exhibit 9.1 to the Company's Current Report on Form 8-K filed with the SEC on August 7, 2002, and which is incorporated herein by reference in its entirety. Pursuant to the Stockholder and Board Composition Agreement, the Company and certain stockholders of the Company agreed that for the 18 months following the Merger, if any of the five directors designated by the CGLH Partnerships resigns, retires, or is no longer able to serve then the majority of the remaining five CGLH Partnership designee directors will have the right to designate a person for nomination to be a successor to the director no longer serving. The Company agreed to use its best efforts to have such nominee nominated and elected. The agreement also contained analogous provisions relating to election of directors of the Company who had formerly been directors of MeriStar Hotels & Resorts, Inc, and directors of Interstate Hotels Corporation (other than the affiliates of the CGLH Partnerships). ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER. The information contained in Items 11 and 13 of each of the cover pages to this Schedule 13D are incorporated herein by reference. As disclosed in such Items, in addition to the shares of Common Stock that are owned by the CGLH Partnerships, Messrs Weiser, Alibhai and Lefton own an aggregate of 68,108 shares of Common Stock, which shares all members of the reporting group may be deemed to have beneficial ownership by virtue of Rule 13d-5(b)(1). The information contained in response to Item 3 is incorporated herein by reference. Based on the information disclosed by the Company to the Reporting Persons, at the close of business on July 31, 2002 there were 20,163,744 shares of Common Stock issued and outstanding. As at the close of business on July 31, 2002, the price per share of Common Stock as reported on the New York Stock Exchange was $3.20. The Lehman Investors disclaim beneficial ownership of the shares of Common Stock beneficially owned by the CGLH Partnerships to the extent of (a) the interests in the CGLH Partnerships held by persons other than the Lehman Investors and (b) shares of Common Stock directly owned by persons other than the Lehman Investors. Lehman Brothers Inc., a wholly owned broker-dealer subsidiary of Lehman Brothers Holdings Inc., and other affiliates acting in the ordinary course of business as broker dealers, may have purchased and sold shares of Common Stock on behalf of their customers. The CG Investors disclaim beneficial ownership of the shares of Common Stock beneficially owned by the CGLH Partnerships to the extent of (a) the interests in the CGLH Partnerships held by persons other than the CG Investors and (b) shares of Common Stock directly owned by persons other than the CG Investors. The KFP Investors disclaim beneficial ownership of the shares of Common Stock beneficially owned by the CGLH Partnerships to the extent of (a) the interests in the CGLH Partnerships held by persons other than the KFP Investors and (b) shares of Common Stock directly owned by persons other than the KFP Investors. None of the Reporting Persons or, to the knowledge of the Reporting Persons, the persons listed on Schedules A to E hereto beneficially owns any shares of Common Stock other than as set forth herein. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The responses set forth in Items 3, 4 and 5 of this Schedule 13D are incorporated herein by reference. A Registration Rights Agreement was entered into between the Company and the CGLH Partnerships immediately prior to the closing of the Merger on July 31, 2002 (the "Registration Rights Agreement"). The following summary of the Registration Rights Agreement is qualified entirety by reference to the text of the Registration Rights Agreement, which appears as exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on August 7, 2002, and which is incorporated herein by reference in its entirety. The Registration Rights Agreement provides, subject to the limitations described therein, (i) the CGLH Partnerships have an unlimited right to include their shares of Common Stock in a registration by the Company; (ii) the CGLH Partnerships may, on seven occasions, make a demand for registration of their shares of Common Stock, so long as such demand includes at least 500,000 shares (such number having been adjusted to take account of the five-for-one reverse stock split which occurred immediately following the Merger) or such lesser number of shares as would yield gross proceeds of at least $2 million; (iii) the Company shall not to grant registration rights to any other party that would limit the CGLH Partnerships' priority for the sale or distribution of securities in connection with a demand registration; and (iv) the CGLH Partnerships have the right to receive the most favorable registration rights the Company makes available to any person in connection with the registration of securities and the Registration Rights Agreement is automatically amended to reflect such favorable terms upon grant. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 99.1 Joint Filing Agreement SIGNATURE 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. August 9, 2002 CGLH Partners I LP By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory CGLH Partners II LP By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory LB Interstate GP LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory LB Interstate LP LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory PAMI LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Property Asset Management Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Lehman ALI Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Lehman Brothers Holdings Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory MK/CG GP LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory MK/CG LP LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory CG Interstate Associates LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory Continental Gencom Holdings, LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory KFP Interstate Associates, LLC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory KFP Interstate, LLC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory Grosvenor, LC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory Quadrangle Trust Company (BVI) Limited as trustee of The Newlyn Trust By: /s/ Nicholas Lane -------------------------------- Name: Nicholas Lane Title: Director KFP Holdings, Ltd. By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signature Sherwood M. Weiser /s/ Sherwood M. Weiser ----------------------------------- Donald E. Lefton /s/ Donald E. Lefton ----------------------------------- Karim Alibhai /s/ Karim Alibhai ----------------------------------- Schedule A Executive Officers and Directors of Property Asset Management Inc. The names and principal occupations of the Directors of Property Asset Management Inc. are as set forth below. Property Asset Management Inc. has no Executive Officers. The business address for all such persons is that of Property Asset Management Inc. at 745 Seventh Avenue, New York, NY 10019. Each listed individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- Directors: Yon K. Cho Employee of Lehman Brothers Inc. Kenneth C. Cohen Employee of Lehman Brothers Inc. Mark A. Walsh Employee of Lehman Brothers Inc. Schedule B Executive Officers and Directors of Lehman ALI Inc. The names and principal occupations of the Directors of Lehman ALI Inc. are as set forth below. Lehman ALI Inc. has no Executive Officers. The business address for all such persons is that of Lehman ALI Inc. at 745 Seventh Avenue, New York, NY 10019. Each listed individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- Directors: Yon K. Cho Employee of Lehman Brothers Inc. Kenneth C. Cohen Employee of Lehman Brothers Inc. Mark A. Walsh Employee of Lehman Brothers Inc. Schedule C Executive Officers and Directors of Lehman Brothers Holdings Inc. The names and principal occupations of the Directors and the names and titles of the Executive Officers of Lehman Brothers Holdings Inc. are as set forth below. The business address for all such persons is that of Lehman Brothers Holdings Inc. at 745 Seventh Avenue, New York, NY 10019. Each listed individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- Directors: Michael L. Ainslie Private Investor and former President and Chief Executive Officer of Sotheby's Holdings John F. Akers Retired Chairman of International Business Machines Corporation Roger S. Berlind Theatrical Producer Thomas H. Cruikshank Retired Chairman and Chief Executive Officer of Halliburton Company Richard S. Fuld, Jr. Chairman and Chief Executive Officer of Lehman Brothers Holdings Inc. Henry Kaufman President of Henry Kaufman & Company, Inc. John D. Macomber Principal of JDM Investment Group Dina Merrill Director and Vice Chairman of RKO Pictures, Inc. and Actress Officers: Richard S. Fuld, Jr. Chairman and Chief Executive Officer David Goldfarb Chief Financial Officer Joseph M. Gregory Chief Administrative Officer Jeremy M. Isaacs Chief Executive Officer - Europe and Asia Bradley H. Jack Head of Investment Banking Division Jeffrey Vanderbeek Head of Capital Markets Division SCHEDULE D Members of KFP Holdings Ltd. The names and principal occupations of the members of KFP Holdings Ltd. are as set forth below. There are no Executive Officers of KFP Holdings Ltd. The business address for all such persons is that of KFP Holdings Ltd. at 545 E. John Carpenter Freeway, Suite 1400, Irving, Texas 75062. Each listed individual is a United States citizen. Name Present Principal Occupation ---- ---------------------------- Members: Mahmood Khimji President, Highgate Holdings, Inc. Jaffer Khimji Grantor Trust A Trust formed under Texas law St. Giles Trust A Trust formed under Texas law SCHEDULE E Executive Officers and Directors of Quadrangle Trust Company (BVI) Limited The names and principal occupations of the directors and executive officers of Quadrangle Trust Company (BVI) Limited are as set forth below. Name Present Principal Occupation ---- ---------------------------- Directors: Nicholas Lane (a United Kingdom citizen) Trust Manager Insinger Trust (BVI) Limited PO Box 438, Tropic Isle Building, Wicksham Cay 1, Roadtown, Tortola, British Virgin Islands Roger White (a United Kingdom citizen) Chief Executive Officer Insinger Trust (BVI) Limited PO Box 438, Tropic Isle Building, Wicksham Cay 1, Roadtown, Tortola, British Virgin Islands Raymond Page (a United Kingdom citizen) Chartered Accountant Insinger Trust (BVI) Limited PO Box 237, St. Peter Port, Gurnsey, Channel Islands EX-99.1 3 sc13d99_1.txt JOINT FILING AGREEMENT EXHIBIT 99.1 Joint Filing Agreement The undersigned hereby agree that the Statement on Schedule 13D filed herewith (and any subsequent amendments thereto), relating to the common stock, par value $0.01 per share, of Interstate Hotels & Resorts, Inc., is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, on behalf of each such person. Dated: August 9, 2002 CGLH Partners I LP By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory CGLH Partners II LP By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory LB Interstate GP LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory LB Interstate LP LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory PAMI LLC By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Property Asset Management Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Lehman ALI Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory Lehman Brothers Holdings Inc. By: /s/ Joseph J. Flannery -------------------------------- Name: Joseph J. Flannery Title: Authorized Signatory MK/CG GP LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory MK/CG LP LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory CG Interstate Associates LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory Continental Gencom Holdings, LLC By: /s/ Donald E. Lefton -------------------------------- Name: Donald E. Lefton Title: Authorized Signatory KFP Interstate Associates, LLC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory KFP Interstate, LLC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory Grosvenor, LC By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signatory Quadrangle Trust Company (BVI) Limited as trustee of The Newlyn Trust By: /s/ Nicholas Lane -------------------------------- Name: Nicholas Lane Title: Director KFP Holdings, Ltd. By: /s/ Jaffer Khimji -------------------------------- Name: Jaffer Khimji Title: Authorized Signature Sherwood M. Weiser /s/ Sherwood M. Weiser ----------------------------------- Donald E. Lefton /s/ Donald E. Lefton ----------------------------------- Karim Alibhai /s/ Karim Alibhai ----------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----