The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
COVIDIEN PLC SHS G2554F113 208,983 2,317,400 SH   SOLE   2,317,400 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 16,004 200,000 SH Call SOLE   200,000 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 56,014 700,000 SH Put SOLE   700,000 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 157,597 1,969,470 SH   SOLE   1,969,470 0 0
NORTH VALLEY BANCORP COM NEW 66304M204 640 29,354 SH   SOLE   29,354 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 101,739 1,100,000 SH Put SOLE   1,100,000 0 0
QUESTCOR PHARMACEUTICALS INC COM 74835Y101 9,387 101,495 SH   SOLE   101,495 0 0
SHIRE PLC SPONSORED ADR 82481R106 1,141 4,847 SH   SOLE   4,847 0 0
UNS ENERGY CORP COM 903119105 5,811 96,189 SH   SOLE   96,189 0 0