0001019056-12-000196.txt : 20120214 0001019056-12-000196.hdr.sgml : 20120214 20120214163823 ACCESSION NUMBER: 0001019056-12-000196 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 GROUP MEMBERS: ARIEL WARSZAWSKI GROUP MEMBERS: FIREFLY MANAGEMENT CO GP, LLC GROUP MEMBERS: FIREFLY VALUE PARTNERS, LP GROUP MEMBERS: FVP GP, LLC GROUP MEMBERS: FVP MASTER FUND, L.P. GROUP MEMBERS: RYAN HESLOP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMDISCO HOLDING CO INC CENTRAL INDEX KEY: 0001179484 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER RENTAL & LEASING [7377] IRS NUMBER: 542066534 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78526 FILM NUMBER: 12610824 BUSINESS ADDRESS: STREET 1: 5600 N RIVER RD, SUITE 800 CITY: ROSEMONT STATE: IL ZIP: 60018 BUSINESS PHONE: 8476983000 MAIL ADDRESS: STREET 1: 5600 NORTH RIVER RD, SUITE 800 CITY: ROSEMONT STATE: IL ZIP: 60018 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Firefly Value Partners, LP CENTRAL INDEX KEY: 0001438637 IRS NUMBER: 721616675 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE, 36TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 212-672-9600 MAIL ADDRESS: STREET 1: 551 FIFTH AVENUE, 36TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10176 SC 13G/A 1 comdisco_13ga1.htm SCHEDULE 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1) *

Comdisco Holding Company, Inc.

(Name of Issuer)

Contingent Distribution Rights

(Title of Class of Securities)

200334118

(CUSIP Number)

January 1, 2012

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

	£	Rule 13d-1(b)
	S	Rule 13d-1(c)
	£	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 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).

SEC 1745 (3-98)

Page 1 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons. Ryan Helsop
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization United States

Number of Shares Beneficially owned by Each Reporting Person With:		5.	Sole Voting Power	0

		6.	Shared Voting Power	14,002,495

		7.	Sole Dispositive Power	0

		8.	Shared Dispositive Power	14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) IN

Page 2 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons. Ariel Warszawski
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization United States

Number of Shares Beneficially owned by Each Reporting Person With:		5.	Sole Voting Power	0

		6.	Shared Voting Power	14,002,495

		7.	Sole Dispositive Power	0

		8.	Shared Dispositive Power	14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) IN

Page 3 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons. Firefly Value Partners, LP
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization Delaware

Number of Shares Bene- ficially owned by Each Reporting Person With:		5.	Sole Voting Power	0

		6.	Shared Voting Power	14,002,495

		7.	Sole Dispositive Power	0

		8.	Shared Dispositive Power	14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person				14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) PN

Page 4 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons.			FVP GP, LLC
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization Delaware

Number of Shares Bene- ficially owned by Each Reporting Person With:		5.	Sole Voting Power		0

		6.	Shared Voting Power		14,002,495

		7.	Sole Dispositive Power		0

		8.	Shared Dispositive Power		14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) OO

Page 5 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons.			Firefly Management Company GP, LLC
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization Delaware

Number of Shares Bene- ficially owned by Each Reporting Person With:		5.	Sole Voting Power		0

		6.	Shared Voting Power		14,002,495

		7.	Sole Dispositive Power		0

		8.	Shared Dispositive Power		14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) OO

Page 6 of 10 pages

CUSIP No.

200334118



1.	Names of Reporting Persons. FVP Master Fund, L.P.
	I.R.S. Identification Nos. of above persons (entities only).


2.	Check the Appropriate Box if a Member of a Group (See Instructions)
	(a) £
	(b) S


3.	SEC Use Only

4.	Citizenship or Place of Organization Cayman Islands

Number of		5.	Sole Voting Power	0
Shares Bene-
ficially owned		6.	Shared Voting Power	14,002,495
by Each
Reporting		7.	Sole Dispositive Power	0
Person With:
		8.	Shared Dispositive Power	14,002,495

9.	Aggregate Amount Beneficially Owned by Each Reporting Person 14,002,495

10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) £

11.	Percent of Class Represented by Amount in Row (9) 9.4%

12.	Type of Reporting Person (See Instructions) PN

Page 7 of 10 pages

Item 1.

(a)	The name of the issuer is Comdisco Holding Company, Inc. (the “Issuer”).
(b)	The principal executive office of the Issuer is located at 5600 North River Road, Rosemont, Illinois 60018.

Item 2.

(a)	This amendment (this “Amendment”) to the original statement filed on March 25, 2011, is being filed by: (i) FVP Master Fund, L.P., a Cayman Islands exempted limited partnership (“FVP Master Fund”), (ii) Firefly Value Partners, LP, a Delaware limited partnership (“Firefly Partners”), which serves as the investment manager of FVP Master Fund, (iii) FVP GP, LLC, a Delaware limited liability company (“FVP GP”), which serves as the general partner of FVP Master Fund, (iv) Firefly Management Company GP, LLC, a Delaware limited liability company (“Firefly Management”), which serves as the general partner of Firefly Partners, and (v) Messrs. Ryan Heslop and Ariel Warszawski, the managing members of FVP GP and Firefly Management (all of the foregoing, collectively, “Reporting Persons”). FVP Master Fund is a private investment vehicle formed for the purpose of investing and trading in a wide variety of securities and financial instruments. FVP Master Fund directly owns all of the shares reported in this Statement. Messrs. Heslop and Warszawski, Firefly Partners, Firefly Management and FVP GP may be deemed to share with FVP Master Fund voting and dispositive power with respect to such shares. Each Reporting Person disclaims beneficial ownership with respect to any shares other than those owned directly by such Reporting Person.

(b)	The Principal Business Office of FVP Master Fund is:

	c/o dms Corporate Services, Ltd.
	P.O. Box 1344
	dms House
	20 Genesis Close
	Grand Cayman, KY1-1108
	Cayman Islands

	The Principal Business Office of Messrs. Heslop and Warszawski, Firefly Partners, FVP GP and Firefly Management is:

	551 Fifth Ave., 36th Floor, New York, NY 10176

(c)	For citizenship information see item 4 of the cover sheet of each Reporting Person.

(d)	This Statement relates to the Common Stock of the Issuer.

(e)	The CUSIP Number of the Common Stock of the Issuer is 200334118.

Item 3. If this statement is filed pursuant to 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	£	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)	£	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)	£	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)	£	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)	£	An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);

(f)	£	An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);

(g)	£	A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);

(h)	£	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)	£	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)	£	Group, in accordance with 240.13d-1(b)(1)(ii)(J);

Page 8 of 10 pages

Item 4.	Ownership.
See Items 5-9 and 11 on the cover page for each Reporting Person, and Item 2. The percentage ownership of each Reporting Person is based on 148,448,188 contingent distribution rights outstanding as of December 1, 2011, as reported on the Issuer’s Annual Report on Form 10-K filed on December 9, 2011.

Item 5.	Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following £.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person.

	Not applicable.

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

	Not applicable.

Item 8.	Identification and Classification of Members of the Group

	Not applicable.

Item 9.	Notice of Dissolution of Group

	Not applicable.

Item 10.	Certification

(a)	Not applicable.

(b)	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

Page 9 of 10 pages

SIGNATURE

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

Dated: February 14, 2012

/s/ Ryan Heslop
Ryan Heslop

Ariel Warszawski
Firefly Value Partners, LP
FVP GP, LLC
Firefly Management Company GP, LLC
FVP Master Fund, L.P.

By:	/s/ Ariel Warszawski
Ariel Warszawski, for himself and as Managing Member of FVP GP (for itself and as general partner of FVP Master Fund) and Firefly Management (for itself and as general partner of Firefly Partners)