-----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, EDOlfFu2u2N2Y0jar70poVkqQoHtUAAqLOWqA9Nzs+v4esdHngGOYO5yygfD+Igz XaKy7OkoHDzRsBymAbUf0A== 0001193125-11-029070.txt : 20110209 0001193125-11-029070.hdr.sgml : 20110209 20110209165051 ACCESSION NUMBER: 0001193125-11-029070 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110209 DATE AS OF CHANGE: 20110209 GROUP MEMBERS: BERGENIE ANSTALT FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FAIR ENTERPRISE LTD CENTRAL INDEX KEY: 0000949334 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1 SEATON PLACE STREET 2: ST HELIER CITY: JERSEY CHANNEL ISLE STATE: NJ MAIL ADDRESS: STREET 1: 1 SEATON PLACE STREET 2: ST HELIER CITY: JERSEY CHANNEL ISLE STATE: NJ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MI DEVELOPMENTS INC CENTRAL INDEX KEY: 0001252509 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79210 FILM NUMBER: 11587766 BUSINESS ADDRESS: STREET 1: 455 MAGNA DR STREET 2: AURORA ONTARIO CITY: CANADA STATE: A6 ZIP: L4G7A9 BUSINESS PHONE: 9057136322 MAIL ADDRESS: STREET 1: 455 MAGNA DR STREET 2: AURORA ONTARIO CITY: CANADA STATE: A6 ZIP: L4G7A9 SC 13D/A 1 dsc13da.htm SCHEDULE 13D AMENDMENT NO. 20 Schedule 13D Amendment No. 20

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 20)*

 

 

 

MI Developments Inc.

(Name of Issuer)

 

 

 

Class A Subordinate Voting Shares

(Title of Class of Securities)

 

55304X 10 4

(CUSIP Number)

 

Kenneth G. Alberstadt

Akerman Senterfitt LLP

335 Madison Avenue, Suite 2600

New York, NY 10017

(212) 880-3817

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

January 31, 2011

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

 

Page 2 of 5 Pages

 

 

CUSIP No. 55304X 10 4

 

  1   

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):

 

FAIR ENTERPRISE LIMITED

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

    N/A

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):  ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

    ONTARIO, CANADA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

      7    

SOLE VOTING POWER:

 

    0

     8   

SHARED VOTING POWER:

 

    70,000

     9   

SOLE DISPOSITIVE POWER:

 

    0

   10   

SHARED DISPOSITIVE POWER:

 

    70,000

11

  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

    70,000

12

  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):  x

 

13

  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

    0.2%

14

  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

 

    OO

Page 3 of 5 Pages

 

 

CUSIP No. 55304X 10 4

 

  1   

NAMES OF REPORTING PERSONS:

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):

 

BERGENIE ANSTALT

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCE OF FUNDS (SEE INSTRUCTIONS):

 

    N/A

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):  ¨

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

    ONTARIO, CANADA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

      7    

SOLE VOTING POWER:

 

    0

     8   

SHARED VOTING POWER:

 

    70,000

     9   

SOLE DISPOSITIVE POWER:

 

    0

   10   

SHARED DISPOSITIVE POWER:

 

    70,000

11

  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

    70,000

12

  

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):  x

 

13

  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

    0.2%

14

  

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):

 

    OO

CUSIP No. 55304X 10 4    SCHEDULE 13D/A    Page 4 of 5 Pages

 

This Amendment No. 20 to Schedule 13D amends the Statement on Schedule 13D (the “Statement”) filed by Frank Stronach (“Mr. Stronach”), on September 21, 2003, as previously amended, with respect to the Class A Subordinate Voting Shares (the “Class A Shares”) of MI Developments Inc., an Ontario, Canada corporation (the “Company”). This Amendment No. 20 is being filed to add Fair Enterprise Limited (“Fair Enterprise”) and Bergenie Anstalt (“Bergenie”) as reporting persons with respect to Amendment No. 19 to the Statement, which was filed with the Commission on February 2, 2011 (“Amendment No. 19”) to report the execution and delivery of certain agreements related to the proposed reorganization of the Company previously reported in Amendment No. 17 to the Statement (the “Reorganization”). The information set forth in Amendment No. 19, including the exhibits thereto, are hereby expressly incorporated by reference in response to all items of this Amendment No. 20 and is supplemented by information specifically provided herein.

Item 1. Security and Issuer.

The information previously reported in Item 1 of Amendment No. 19 is incorporated herein by reference.

Item 2. Identity and Background.

This Statement is being filed by Bergenie and Fair Enterprise (jointly, the “Reporting Persons”). The information set forth on Schedule A is hereby incorporated by reference.

Item 3. Source and Amount of Funds or Other Consideration.

The information previously reported in Item 3 of Amendment No. 19 is incorporated herein by reference.

Item 4. Purpose of the Transaction.

The information previously reported in Item 4 of Amendment No. 19 is incorporated herein by reference.

Item 5. Interest in Securities of the Issuer.

 

(a) The Reporting Persons may be deemed to beneficially own Class A Shares as follows:

 

  •  

Bergenie does not hold any Class A Shares directly. Bergenie and Fair Enterprise may each be deemed to beneficially own 50,000 Class A Shares held by Fair Enterprise and 20,000 Class A Shares issuable upon conversion of Class B Shares held by Fair Enterprise, representing approximately 0.2% of the Class A Shares in the aggregate.

The Reporting Persons may be deemed to constitute a group with respect to the acquisition, holding, voting and disposition of Class A Shares beneficially owned by the Stronach Trust, 445327, Mr. Stronach and each Reporting Person. The filing of this amendment shall not be construed as an admission that such a group exists or that any Reporting Person beneficially owns any Class A Shares that are held or beneficially owned by any other Reporting Person or by the Stronach Trust, 445327 or Mr. Stronach. Without limitation of the foregoing, each Reporting Person disclaims beneficial ownership of Class A Shares held by any other person or entity for purposes other than U.S. securities law purposes.

 

(b) Mr. Stronach, Bergenie and Fair Enterprise may be deemed to share voting and dispositive power over the Class B Shares held by Fair Enterprise. Each other Reporting Person may be deemed to have sole voting and dispositive power over the Class B Shares beneficially owned by such Reporting Person.

 

(c) There have been no transactions in the Company’s shares by the Reporting Persons, or, to the knowledge of the Reporting Persons, by the persons listed in Schedule A during the past sixty days.

 

(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Class A Shares reflected on the cover pages to this Statement.

 

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of Issuer

The information previously reported in Item 6 of Amendment No. 19 is incorporated herein by reference.

Item 7. Material to be Filed as Exhibits

Exhibit A        Joint Filing Agreement

The information previously reported in Item 7 of Amendment No. 19 is incorporated herein by reference.

CUSIP No. 55304X 10 4    SCHEDULE 13D/A    Page 5 of 5 Pages

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies as to itself that the information set forth in this statement is true, complete and correct.

Dated: February 8, 2011

 

BERGENIE ANSTALT
By:  

KRP Corporate Services Trust reg.

Director of Bergenie Anstalt

By:  

/s/ Peter Meyer

  Name:   Peter Meyer - Director
  Title:   Authorized Signing Officer
By:  

/s/ Anna Bereuter

  Name:   Anna Bereuter - Director
  Title:   Authorized Signing Officer
FAIR ENTERPRISE LIMITED
By:  

/s/ Kevin Mercury

  Name:   Kevin Mercury
  Title:   EFG Trust Company Limited - Director
    Authorized Signing Officer
By:  

/s/ Sharon Burrows

  Name:   Sharon Burrows
  Title:   EFG Trust Company Limited - Director
    Authorized Signing Officer

SCHEDULE A

EXECUTIVE OFFICERS AND DIRECTORS OF REPORTING PERSONS

Executive Officers and Directors of Bergenie Anstalt

The following table sets forth the name, business address and present principal occupation of each director and executive officer of Bergenie Anstalt. Citizenship of each Director and/or Officer is set out below.

 

Name

   

Principal Occupation

   

Business Address

Peter Meyer

(citizen of Switzerland)

   

Director, KRP Corporate Services

Trust reg.;

Director, Kaiser Ritter Partner

Trust Services Ansalt

(Trust Company)

   

c/o Pflugstrasse 10/12

FL-9490 Vaduz

Liechtenstein

KRP Corporate Services Trust reg.

(registered Liechtenstein Trust)

    Trust Company   

Postfach 1157

Pflugstrasse 10/12

FL-9490 Vaduz

Liechtenstein

Anna Bereuter

(citizen of Austria)

   

Director, KRP Corporate Services

Trust reg.;

Director, Kaiser Ritter Partner

Trust Servcies Anstalt

(Trust Company)

   

c/o Pflugstrasse 10/12

FL-9490 Vaduz

Liechtenstein

Executive Officers and Directors of Fair Enterprise Limited

The following table sets forth the name, business address and present principal occupation of each director and executive officer of Fair Enterprise Limited. Citizenship of each Director and/or Officer is set out below.

 

Name

   

Principal Occupation

   

Business Address

EFG Trust Company Limited

(incorporated in Jersey)

    Financial services Limited provider   

c/o EFG Reads Trust

Company Limited

P.O. Box 641, No. 1 Seaton

Place

St. Helier, Jersey JE4 8YJ

EFG Corporate Services Limited

(incorporated in Jersey)

    Financial services Limited provider   

c/o EFG Reads Trust

Company Limited

P.O. Box 641, No. 1 Seaton

Place

St. Helier, Jersey JE4 8YJ

EFG Secretaries Limited

(incorporated in Jersey)

    Financial services Limited provider   

c/o EFG Reads Trust

Company Limited

P.O. Box 641, No. 1 Seaton

Place

St. Helier, Jersey JE4 8YJ

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree jointly to prepare and file with regulatory authorities a Statement on Schedule 13D/A reporting a material change in facts, and any further amendments related thereto, and hereby affirm that such Statement on Schedule 13D/A and any such further amendments are being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Dated: February 8, 2011

 

BERGENIE ANSTALT
By:  

KRP Corporate Services Trust reg.

Director of Bergenie Anstalt

By:  

/s/ Peter Meyer

  Name:   Peter Meyer - Director
  Title:   Authorized Signing Officer
By:  

/s/ Anna Bereuter

  Name:     Anna Bereuter - Director
  Title:     Authorized Signing Officer
FAIR ENTERPRISE LIMITED
By:  

/s/ Kevin Mercury

  Name:   Kevin Mercury
  Title:   EFG Trust Company Limited - Director
      Authorized Signing Officer
By:  

/s/ Sharon Burrows

  Name:   Sharon Burrows
  Title:   EFG Trust Company Limited - Director
    Authorized Signing Officer
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