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13D Filing: Pentwater Capital Management Owns Big Chunk of Out-of-Bankruptcy American Apparel (APPCQ)

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American Apparel Inc (OTCMKTS:APPCQ) is the subject of a new 13D filing issued by Matthew Halbower‘s Pentwater Capital, which reveals the most up-to-date ownership information of the investment firm in the stock. Pentwater Capital owns 16.4% of the shares of the apparel retailer, which has just emerged from bankruptcy protection. 13D filings indicate an activist position, which means that the filer may make efforts to engage the company’s management and/or board of directors and make recommendations as to ways to improve the company’s operations and enhance the stock’s value to shareholders. Any such transmissions are often disclosed in 13D filings and may be found in the embedded filing below.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Pentwater Capital Management 1,569,481 9 1,569,481 11 1,569,481 16.4%
PWCM Master Fund Ltd 733,823 9 733,823 11 733,823 7.6%
Pentwater Event Driven Cayman Fund Ltd 20,290 9 20,290 11 20,290 0.2%
Oceana Master Fund, Ltd 282,204 9 282,204 11 282,204 2.9%
Amundi Absolute Return Pentwater Fund Public Limited Company 279,699 9 279,699 11 279,699 2.9%
SPC for and behalf of MAP 253,465 9 253,465 11 253,465 2.6%
Matthew Halbower
Matthew Halbower
Pentwater Capital Management

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Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. )*
American Apparel, LLC (formerly American Apparel, Inc.)
(Name of Issuer)
(Title of Class of Securities)
(CUSIP Number)
Neal Nenadovic, CFO
Pentwater Capital Management, LP
614 Davis Street Evanston, Illinois 60201
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 5, 2016
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
* 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 purposes of section 18 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

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