Page 8 of 17 SEC Filing
SCHEDULE 13D
| CUSIP No. N/A | Page 8 of 17 Pages |
Item 1. Security and Issuer.
This Schedule 13D (this “Schedule 13D”) relates to the units of membership interest (the “Units”) of American Apparel, LLC (the “Issuer”), a limited liability company organized under the laws of Delaware. The principal executive office of the Issuer is located at 747 Warehouse Street, Los Angeles, CA 90021.
Item 2. Identity and Background.
(a), (f) This Schedule 13D is filed on behalf of:
Pentwater Capital Management LP, a Delaware limited partnership, (“Pentwater Capital”) as investment manager for PWCM Master Fund Ltd., an exempted company formed in the Cayman Islands (“PWCM”), Pentwater Event Driven Cayman Fund Ltd., an exempted company formed in the Cayman Islands (“Pentwater Event”), Oceana Master Fund, Ltd. (“Oceana”) an exempted company formed in the Cayman Islands, Amundi Absolute Return Pentwater Fund Plc (“Amundi”) a company formed in Ireland and, LMA SPC for and behalf of MAP 98 Segregated Portfolio, a segregated portfolio company formed in the Cayman Islands (“MAP”).
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.
Information required by Instruction C of Schedule 13D with respect to the directors, officers, general partners is set forth on Schedule I attached hereto.
| (b) | The business address of each Reporting Persons is 614 Davis Street, Evanston, IL 60201. |
| (c) | The principal business of Pentwater Capital and each of the Pentwater Funds is investing for accounts under their management. Pentwater Capital is the investment manager for PWCM, Pentwater Event, Amundi, Oceana and MAP. Halbower Holdings Inc. is the general partner of Pentwater Capital, and Matthew Halbower is the chief executive officer and sole director of Halbower Holdings Inc. |
| (d) | During the past five years, none of the Reporting Persons has (nor, to the knowledge of the Reporting Persons, has any of the persons listed on Schedule I hereto) been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | During the past five years, none of the Reporting Persons (nor, to the knowledge of the Reporting Persons, has any of the persons listed on Schedule I hereto) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. |
| (f) | Mr. Halbower is a citizen of the United States. |
Item 3. Source and Amount of Funds or Other Consideration.
The Reporting Persons acquired the Units reported in this Schedule 13D pursuant to the Plan (as defined in Item 4), as more fully described in Item 4.
