0001140361-12-008165.txt : 20120214 0001140361-12-008165.hdr.sgml : 20120214 20120214162629 ACCESSION NUMBER: 0001140361-12-008165 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 GROUP MEMBERS: CHRISTOPHER PUCILLO GROUP MEMBERS: SOLUS GP LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Hughes Communications, Inc. CENTRAL INDEX KEY: 0001345840 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 133871202 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81645 FILM NUMBER: 12610315 BUSINESS ADDRESS: STREET 1: 11717 EXPLORATION LANE CITY: GERMANTOWN STATE: MD ZIP: 20876 BUSINESS PHONE: 301-428-5500 MAIL ADDRESS: STREET 1: 11717 EXPLORATION LANE CITY: GERMANTOWN STATE: MD ZIP: 20876 FORMER COMPANY: FORMER CONFORMED NAME: SkyTerra Holdings, Inc. DATE OF NAME CHANGE: 20051202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Solus Alternative Asset Management LP CENTRAL INDEX KEY: 0001407737 IRS NUMBER: 260173326 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 410 PARK AVENUE, 11TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-284-4300 MAIL ADDRESS: STREET 1: 410 PARK AVENUE, 11TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 formsc13ga.htm SOLUS ALTERNATIVE ASSET MANAGEMENT LP SC13 G A 12-31-2011 formsc13ga.htm


SECURITIES & EXCHANGE COMMISSION
Washington, D C  20549 

SCHEDULE 13G/A*
(Rule 13d-102)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)

Hughes Communications Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

444398101
CUSIP Number)

December 31, 2011

(Date of event which requires filing of this statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
 
 
x
Rule 13d-1(b)
 
o
Rule 13d-1(c)
 
o
Rule 13d-1(d)
 

*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 the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes 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  444398101 13G/A Page 2 of  8 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
 
   
I R S  IDENTIFICATION NO .
 
   
OF ABOVE PERSONS (ENTITIES ONLY)
 
   
Solus Alternative Asset Management LP
 
 
 
 
     
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 
 
 
(a)    o
        (b)   x
     
 
(3)
SEC USE ONLY
 
 
 
 
 
(5)
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
Delaware
 
       
NUMBER OF 
 
SHARES
 
BENEFICIALLY 
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON WITH 
(5) SOLE VOTING POWER  
    N/A
     
     
(6)  
SHARED VOTING POWER  
    01
    
   
     
(7)  
SOLE DISPOSITIVE POWER  
    N/A
     
     
(8)  
SHARED DISPOSITIVE POWER  
    02
 
   
 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED    
 
 
BY EACH REPORTING PERSON    
      03
         
  (10) CHECK BOX IF THE AGGREGATE AMOUNT    
    IN ROW (9) EXCLUDES CERTAIN SHARES **   o
         
  (11) PERCENT OF CLASS REPRESENTED    
    BY AMOUNT IN ROW (9) 0%
         
  (12)  TYPE OF REPORTING PERSON **    
      IA
 

1   On June 8, 2011, EchoStar completed its acquisition of Hughes Communications, pursuant to which a wholly owned subsidiary of EchoStar Corporation merged with and into Hughes Communications, Inc., with Hughes Communications, Inc. becoming an indirect wholly owned subsidiary of EchoStar Corporation and a direct wholly owned subsidiary of HSS. Subsequently, on June 9, 2011, the Reporting Person ceased to be the beneficial owner of more than five percent.
2   See Footnote 1.
3   See Footnote 1.
 
 
 

 
 
CUSIP No  444398101 13G/A Page 3 of  8 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
 
   
I R S  IDENTIFICATION NO .
 
   
OF ABOVE PERSONS (ENTITIES ONLY)
 
   
Solus GP LLC
 
 
 
 
     
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 
 
 
(a)    o
        (b)   x
     
 
(3)
SEC USE ONLY
 
 
 
 
 
(5)
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
Delaware
 
       
 
NUMBER OF 
 
SHARES
 
BENEFICIALLY 
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON WITH 
(5) SOLE VOTING POWER  
    N/A
     
     
(6)  
SHARED VOTING POWER  
    04
    
   
     
(7)  
SOLE DISPOSITIVE POWER  
    N/A
     
     
(8)  
SHARED DISPOSITIVE POWER  
    05
 
   
 
 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED    
 
 
BY EACH REPORTING PERSON    
      06
         
  (10) CHECK BOX IF THE AGGREGATE AMOUNT    
    IN ROW (9) EXCLUDES CERTAIN SHARES **   o
         
  (11) PERCENT OF CLASS REPRESENTED    
    BY AMOUNT IN ROW (9) 0%
         
  (12)  TYPE OF REPORTING PERSON **    
      OO


4   On June 8, 2011, EchoStar completed its acquisition of Hughes Communications, pursuant to which a wholly owned subsidiary of EchoStar Corporation merged with and into Hughes Communications, Inc., with Hughes Communications, Inc. becoming an indirect wholly owned subsidiary of EchoStar Corporation and a direct wholly owned subsidiary of HSS. Subsequently, on June 9, 2011, the Reporting Person ceased to be the beneficial owner of more than five percent.  
5   See Footnote 4.
6   See Footnote 4.
 
 
 

 
 
CUSIP No  444398101 13G/A Page 4 of  8 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
 
   
I R S  IDENTIFICATION NO .
 
   
OF ABOVE PERSONS (ENTITIES ONLY)
 
   
Christopher Pucillo
 
 
 
 
     
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
 
 
 
(a)    o
        (b)   x
     
     
 
(3)
SEC USE ONLY
 
 
 
 
 
(5)
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 
United States of America
 
       
NUMBER OF 
 
SHARES
 
BENEFICIALLY 
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON WITH 
(5) SOLE VOTING POWER  
    N/A
     
     
(6)  
SHARED VOTING POWER  
    07
    
   
     
(7)  
SOLE DISPOSITIVE POWER  
    N/A
     
     
(8)  
SHARED DISPOSITIVE POWER  
    08
 
   
 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED    
 
 
BY EACH REPORTING PERSON    
      09
         
  (10) CHECK BOX IF THE AGGREGATE AMOUNT    
    IN ROW (9) EXCLUDES CERTAIN SHARES **   o
         
  (11) PERCENT OF CLASS REPRESENTED    
    BY AMOUNT IN ROW (9) 0%
         
  (12)  TYPE OF REPORTING PERSON **    
      IN
 

7   On June 8, 2011, EchoStar completed its acquisition of Hughes Communications, pursuant to which a wholly owned subsidiary of EchoStar Corporation merged with and into Hughes Communications, Inc., with Hughes Communications, Inc. becoming an indirect wholly owned subsidiary of EchoStar Corporation and a direct wholly owned subsidiary of HSS. Subsequently, on June 9, 2011, the Reporting Person ceased to be the beneficial owner of more than five percent.  
8   See Footnote 7.
9   See Footnote 7.
 
 
 

 
 
CUSIP No  444398101 13G/A Page 5 of  8 Pages
 
Item 1 (a). 
Name of Issuer:  Hughes Communications Inc.
 
Item 1 (b).
Address of Issuer's Principal Executive Offices:

11717 Exploration Lane, Germantown, MD 20876
 
Item 2 (a).
Name of Person Filing:
 
This statement is filed by:
 
(i)  Solus Alternative Asset Management LP, a Delaware limited partnership registered with the Securities and Exchange Commission (the “SEC’), which serves as the investment manager (the “Investment Manager”) to certain investment funds (the “Funds”), with respect to the shares of Common Stock (as defined in Item 2(d), below);

(ii)  Solus GP LLC, a Delaware limited liability company (the “GP”), which serves as the general partner to the Investment Manager, with respect to the shares of Common Stock; and

(iii)  Mr  Christopher Pucillo (“Mr  Pucillo”), a United States citizen, who serves as the managing member to the GP with respect to the shares of Common Stock.

                        The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons "  Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.

Item2 (b).
Address of Principal Business Office or, if None, Residence:

   410 Park Avenue, 11th Floor, New York, NY  10022

Item2 (c).
Citizenship:    Delaware
 
Item2 (d).
Title of Class of Securities:  Common Stock
 
Item 2(e).
CUSIP Number:    444398101  
 
 
 

 
 
CUSIP No  444398101
13G/A 
Page 6 of 8 Pages
                                                                                 
Item3.                 If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

(a)
o
Broker or dealer registered under Section 15 of the Act,
 
(b)
o
Bank as defined in Section 3(a)(6) of the Act,

(c)
o
Insurance Company as defined in Section 3(a)(19) of the Act,
 
(d)
o
Investment Company registered under Section 8 of the Investment Company Act of 1940,
 
(e)
x
Investment Adviser in accordance with Rule13d-1 (b)(1)(ii)(E),
 
(f) 
o
Employee Benefit Plan or Endowment Fund in accordance with 13d-1 (b)(1)(ii)(F),
 
(g)
o
Parent Holding Company or control person in accordance with Rule 13d-1 (b)(1)(ii)(G),
 
(h)
o
Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,
 
(i) 
o
Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940,
                      
(j) 
o
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check the box.  o

Item 4.
Ownership.
 
 
(a)
Amount beneficially owned: 010
 
(b)
Percent of class: 0%
 
(c)
(i)   Sole power to vote or direct the vote: N/A
 
(ii)
  Shared power to vote or direct the vote: 011
 
(iii)
 Sole power to dispose or direct the disposition: N/A
 
(iv)
 Shared power to dispose or direct the disposition: 012
 

10   On June 8, 2011, EchoStar completed its acquisition of Hughes Communications, pursuant to which a wholly owned subsidiary of EchoStar Corporation merged with and into Hughes Communications, Inc., with Hughes Communications, Inc. becoming an indirect wholly owned subsidiary of EchoStar Corporation and a direct wholly owned subsidiary of HSS. Subsequently, on June 9, 2011, the Reporting Person ceased to be the beneficial owner of more than five percent.  
11   See Footnote 10.
12   See Footnote 10.
 
 
 

 
 
CUSIP No  444398101
13G/A
Page 7 of 8 Pages
 
Each Reporting Person hereby expressly disclaims beneficial ownership in the securities reported in this Schedule 13G and membership in a “group” as that term is described in Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended.

Item 5.
Ownership of Five Percent or Less of a Class.

As of December 31, 2011, the Reporting Person has ceased to be the beneficial owner of more than five percent of the class of securities.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

N/A

Item 7. 
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

N/A

Item 8.
Identification and Classification of Members of the Group.

N/A

Item 9.
Notice of Dissolution of Group.

N/A

Item 10. 
Certification.

The Reporting Person hereby makes the following certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 

 

CUSIP No  444398101
13G/A
Page 8 of 8 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

   
Date: February 14, 2012
 
       
   
By: /s/ Christopher Pucillo
 
    Christopher Pucillo  
    individually and as managing member of  
    Solus GP LLC,  
    for itself and as the general partner of  
    Solus Alternative Asset Management LP