sc13dza

0000950134-08-019132.txt : 20081103 0000950134-08-019132.hdr.sgml : 20081103 20081103171113 ACCESSION NUMBER: 0000950134-08-019132 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081103 DATE AS OF CHANGE: 20081103 GROUP MEMBERS: JAMES D DONDERO GROUP MEMBERS: STRAND ADVISORS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ICO Global Communications (Holdings) LTD CENTRAL INDEX KEY: 0001359555 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 980221142 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81926 FILM NUMBER: 081158301 BUSINESS ADDRESS: STREET 1: PLAZA AMERICA TOWER STREET 2: 11700 PLAZA AMERICA DRIVE, SUITE 1010 CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: (703) 964-1400 MAIL ADDRESS: STREET 1: PLAZA AMERICA TOWER STREET 2: 11700 PLAZA AMERICA DRIVE, SUITE 1010 CITY: RESTON STATE: VA ZIP: 20190 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHLAND CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001167365 IRS NUMBER: 752716725 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9726284100 MAIL ADDRESS: STREET 1: 13455 NOEL ROAD STE 1300 CITY: DALLAS STATE: TX ZIP: 75240 SC 13D/A 1 d64935sc13dza.htm AMENDMENT TO SCHEDULE 13D sc13dza


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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 6 )*

ICO GLOBAL COMMUNICATIONS (HOLDINGS) LIMITED

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

44930K108

(CUSIP Number)

Michael Colvin
Highland Capital Management, L.P.
Two Galleria Tower
13455 Noel Road, Suite 800
Dallas, Texas 75240
(972) 628-4100

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

November 3, 2008

(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. þ

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 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).


CUSIP No.		44930K108


1	NAMES OF REPORTING PERSONS Highland Capital Management, L.P.


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	AF/OO

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

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		7	SOLE VOTING POWER

NUMBER OF			31,140,665

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			2,171,897

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			31,140,665

WITH		10	SHARED DISPOSITIVE POWER

			2,171,897

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	33,312,562

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

	o

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

	21.6%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN/IA


CUSIP No.		44930K108


1	NAMES OF REPORTING PERSONS Strand Advisors, Inc.


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	AF/OO

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

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		7	SOLE VOTING POWER

NUMBER OF			31,140,665

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			2,171,897

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			31,140,665

WITH		10	SHARED DISPOSITIVE POWER

			2,171,897

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	33,312,562

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

	o

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

	21.6%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	CO/HC


CUSIP No.		44930K108


1	NAMES OF REPORTING PERSONS James D. Dondero


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	AF/PF/OO

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

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		7	SOLE VOTING POWER

NUMBER OF			35,405,369

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			3,448,050

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			35,405,369

WITH		10	SHARED DISPOSITIVE POWER

			3,448,050

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	38,853,419

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

	o

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

	25.2%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN/HC

This Amendment No. 6 reflects changes to the information in the Schedule 13D relating to the Class A common stock of the issuer filed August 20, 2007 by the reporting persons with the Commission, as amended and/or supplemented by Amendment No. 1 to the Schedule 13D filed December 17, 2007, Amendment No. 2 to the Schedule 13D filed January 17, 2008, Amendment No. 3 to the Schedule 13D filed January 28, 2008, and Amendment No. 4 to the Schedule 13D filed June 10, 2008, and Amendment No. 5 to the Schedule 13D filed October 22, 2008 by the reporting persons with the Commission (as amended, the “Schedule 13D”). Each capitalized term used and not defined in this Amendment shall have the meaning assigned to such term in the Schedule 13D. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.

Item 5. Interest in Securities of the Issuer.

Item 5(c) of the Schedule 13D is hereby amended and restated in its entirety as follows:

“(c) Transactions in the class of securities reported on that were effected during the past sixty days or since the most recent filing of Schedule 13D, whichever is less, by the reporting persons are described below.

Transaction

Effecting

Shares

Price

Description

Date

Person(s)

Acquired

Disposed

Per Share

of Transaction

October 21, 2008

Goldman Sachs

62465

.8010

Open market sale

October 22, 2008

Goldman Sachs

1033902

1.0324

Open market sale

October 23, 2008

Goldman Sachs

239379

.9088

Open market sale

October 24, 2008

Goldman Sachs

65395

.8621

Open market sale

October 27, 2008

Goldman Sachs

1035450

.8981

Open market sale

October 28, 2008

Goldman Sachs

537134

.9887

Open market sale

Except as otherwise described herein, no transactions in the common stock of the issuer were effected during the past sixty days or since the most recent filing of Schedule 13D, whichever is less, by any reporting person.”

Item 7. Material to be Filed as Exhibits.

Item 7 of the Schedule 13D is hereby amended and restated in its entirety as follows:

The following exhibits are filed as exhibits hereto:


Exhibit		Description of Exhibit
99.1		Additional Information (furnished herewith)

99.2		Joint Filing Agreement (incorporated herein by reference from Exhibit 99.2 to the Schedule 13D related to the common stock of the issuer filed August 20, 2007 by the reporting persons with the Commission)

99.3		Securities Purchase Agreement (incorporated herein by reference from Exhibit 99.3 to Amendment No. 4 to the Schedule 13D related to the common stock of the issuer filed June 10, 2008 by the reporting persons with the Commission)

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.


		Highland Capital Management, L.P.

		By:		Strand Advisors, Inc.
		Title:		General Partner

		By:		/s/ James D. Dondero

		Name:		James D. Dondero
		Title:		President
		Date:		November 3, 2008

		Strand Advisors, Inc.

		By:		/s/ James D. Dondero

		Name:		James D. Dondero
		Title:		President
		Date:		November 3, 2008

		James D. Dondero

		By:		/s/ James D. Dondero

		Name:		James D. Dondero
		Date:		November 3, 2008

EXHIBIT INDEX


Exhibit		Description of Exhibit
99.1		Additional Information (furnished herewith)

99.2		Joint Filing Agreement (incorporated herein by reference from Exhibit 99.2 to the Schedule 13D related to the common stock of the issuer filed August 20, 2007 by the reporting persons with the Commission)

99.3		Securities Purchase Agreement (incorporated herein by reference from Exhibit 99.3 to Amendment No. 4 to the Schedule 13D related to the common stock of the issuer filed June 10, 2008 by the reporting persons with the Commission)

EX-99.1 2 d64935exv99w1.htm EX-99.1 exv99w1

EXHIBIT 99.1

The name of each director and executive officer of Strand is set forth below. The business address of each person listed below is c/o Highland Capital Management, L.P., Two Galleria Tower, 13455 Noel Road, Suite 800, Dallas, Texas 75240, except for Mr. Mundassery. The business address for Mr. Mundassery is c/o Highland Capital Management Europe, Ltd., 130 Jermyn Street, London, SW1Y 4UR. Each person identified below is a citizen of the Untied States of America. The present principal occupation or employment of each of the listed persons is set forth below. During the past five years, none of the individuals listed below has been convicted in a criminal proceeding or been a party to a civil proceeding, in either case of the type specified in Items 2(d) or (e) of Schedule 13D.

Strand Advisors, Inc.

Director:
James D. Dondero

Executive Officers:


President:		James D. Dondero
Executive Vice President:		Mark K. Okada
Secretary:		Michael S. Colvin
Assistant Secretary:		Todd Travers
Assistant Secretary:		Patrick Daugherty
Assistant Secretary:		Appu Mundassery
Treasurer:		Patrick Boyce
Chief Operating Officer:		Michael Pusateri