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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _________)*
Globix Corporation
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
37957F200
--------------------------------------------------------------------------------
(CUSIP Number)
March 23, 2006
--------------------------------------------------------------------------------
(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)
|X| 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). (Continued on following pages) Page 1 of 15 Pages Exhibit Index Found on
Page 12
(Continued on following pages)
Page 1 of 15 Pages
Exhibit Index Found on Page 12
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greywolf Capital Partners II LP
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 850,857
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
850,857
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
850,857
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.7%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 2 of 15 Pages
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greywolf Capital Overseas Fund
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, is a beneficial owner only of
the securities reported by it on this cover page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Cayman Islands
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 1,754,646
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
1,754,646
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,754,646
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
3.6%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
OO
------------====================================================================
Page 3 of 15 Pages
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greywolf Advisors LLC
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, may be deemed a beneficial owner
only of the securities reported by it on this cover
page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 850,857
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
850,857
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
850,857
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.7%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
OO
------------====================================================================
Page 4 of 15 Pages
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greywolf Capital Management LP
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, may be deemed a beneficial owner
only of the securities reported by it on this cover
page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 2,605,503
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
2,605,503
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,605,503
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.4%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
PN
------------====================================================================
Page 5 of 15 Pages
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greywolf GP LLC
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, may be deemed a beneficial owner
only of the securities reported by it on this cover
page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 2,605,503
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
2,605,503
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,605,503
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.4%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
OO
------------====================================================================
Page 6 of 15 Pages
13G
===================
CUSIP No. 37957F200
===================
------------====================================================================
NAMES OF REPORTING PERSONS
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Jonathan Savitz
------------====================================================================
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]**
2
** The reporting persons making this filing hold an
aggregate of 2,605,503 Shares, which is 5.4% of the
class of securities. The reporting person on this
cover page, however, may be deemed a beneficial owner
only of the securities reported by it on this cover
page.
------------====================================================================
3 SEC USE ONLY
------------====================================================================
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
------------====================================================================
SOLE VOTING POWER
5
NUMBER OF -0-
------------===========================================
SHARES SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 2,605,503
------------===========================================
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON WITH ------------===========================================
SHARED DISPOSITIVE POWER
8
2,605,503
------------====================================================================
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,605,503
------------====================================================================
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
10 CERTAIN SHARES (See Instructions)
[ ]
------------====================================================================
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.4%
------------====================================================================
TYPE OF REPORTING PERSON (See Instructions)
12
IN
------------====================================================================
Page 7 of 15 Pages
Item 1. Issuer
------
(a) Name of Issuer
--------------
Globix Corporation (the "Company")
(b) Address of Issuer's Principal Executive Offices
-----------------------------------------------
139 Centre Street, New York, NY 10013
Item 2. Identity And Background
-----------------------
Title Of Class Of Securities And CUSIP Number (Item 2(d) and (e))
----------------------------------------------------------------
This statement relates to shares of Common Stock, par value $0.01 per
share (the "Shares"), of the Company. The CUSIP number of the Shares is
37957F200.
Name Of Persons Filing, Address Of Principal Business Office And
----------------------------------------------------------------
Citizenship (Item 2(a), (b) and (c))
------------------------------------
This statement is filed by the entities and persons listed below, all
of whom together are referred to herein as the "Reporting Persons."
(i) Greywolf Capital Partners II LP, a Delaware limited
partnership ("Greywolf Capital II"), with respect to
the Shares held by it;
(ii) Greywolf Capital Overseas Fund, a Cayman Islands
exempted company ("Greywolf Overseas"), with respect
to the Shares held by it;
(iii) Greywolf Advisors LLC, a Delaware limited liability
company and the general partner of Greywolf Capital
II (the "General Partner"), with respect to the
Shares held by Greywolf Capital II;
(iv) Greywolf Capital Management LP, a Delaware limited
partnership and the investment manager of Greywolf
Capital II and Greywolf Overseas and (the "Investment
Manager"), with respect to the Shares held by
Greywolf Capital II and Greywolf Overseas;
(v) Greywolf GP LLC, a Delaware limited liability company
and the general partner of the Investment Manager
(the "Investment Manager General Partner"), with
respect to the Shares held by Greywolf Capital II and
Greywolf Overseas; and
(vi) Jonathan Savitz, a United States citizen and the
senior managing member of the General Partner and the
sole managing member of the Investment
Page 8 of 15 Pages
Manager General Partner ("Savitz"), with respect to
the Shares held by each of Greywolf Capital II and
Greywolf Overseas.
The citizenship of each of the Reporting Persons is set forth above.
The address of the principal business office of (i) all of the Reporting Persons
other than Greywolf Overseas is 4 Manhattanville Road, Suite 201, Purchase, NY
10577 and (ii) Greywolf Overseas is 6 Front Street, Hamilton, HM11 Bermuda.
Item 3. If This Statement Is Filed Pursuant To Sections 240.13d-1(b), Or
----------------------------------------------------------------
13d-2(b) Or (c), Check Whether The Person Filing Is An Entity Specified
-----------------------------------------------------------------------
In (a) - (j):
-------------
Not Applicable.
If This Statement Is Filed Pursuant To Section 240.13d-1(c), Check This
-----------------------------------------------------------------------
Box. [X]
----
Item 4. Ownership
---------
The information required by Items 4(a) - (c) and set forth in Rows 5
through 11 of the cover page for each Reporting Person hereto is incorporated
herein by reference for each such Reporting Person.
The Shares reported hereby for Greywolf Capital II are owned directly
by Greywolf Capital II and those reported by Greywolf Overseas are owned
directly by Greywolf Overseas. The General Partner, as general partner to
Greywolf Capital II, may be deemed to be the beneficial owner of all such Shares
owned by Greywolf Capital II. The Investment Manager, as investment manager of
Greywolf Overseas and Greywolf Capital II, may be deemed to be the beneficial
owner of all such Shares owned by Greywolf Overseas and Greywolf Capital II. The
Investment Manager General Partner, as general partner of the Investment
Manager, may be deemed to be the beneficial owner of all such Shares owned by
Greywolf Capital II and Greywolf Overseas. Savitz, as the senior managing member
of the General Partner and as the sole managing member of the Investment Manager
General Partner, may be deemed to be the beneficial owner of all such Shares
owned by Greywolf Capital II and Greywolf Overseas. Each of the General Partner,
the Investment Manager, the Investment Manager General Partner and Savitz hereby
disclaims any beneficial ownership of any such Shares.
Item 5. Ownership Of Five Percent Or Less Of A Class
--------------------------------------------
Not Applicable.
Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person
---------------------------------------------------------------
Not Applicable.
Page 9 of 15 Pages
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
---------------------------------------------------------
The Reporting Persons are filing this Schedule 13G pursuant to Rule
13d-1(c). Consistent with Item 2 of the cover page for each Reporting Person
above, the Reporting Persons neither disclaim nor affirm the existence of a
group among them.
Item 9. Notice Of Dissolution Of Group
------------------------------
Not Applicable.
Item 10. Certification
-------------
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 10 of 15 Pages
SIGNATURES
----------
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: March 30, 2006
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF ADVISORS LLC,
On its own behalf
And as the General Partner of
GREYWOLF CAPITAL PARTNERS II LP
By Jonathan Savitz,
Senior Managing Member
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF GP LLC
By Jonathan Savitz,
Managing Member
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF CAPITAL MANAGEMENT LP,
On its own behalf
And as investment manager to
GREYWOLF CAPITAL OVERSEAS FUND
By Jonathan Savitz,
Managing Member
/s/ Jonathan Savitz
-------------------------------------
Jonathan Savitz
Page 11 of 15 Pages
EXHIBIT INDEX
EXHIBIT 1 Joint Acquisition Statement Pursuant to
Section 240.13d-1(k)
EXHIBIT 2 Powers of Attorney by Jonathan Savitz,
Greywolf Advisors LLC and Greywolf GP
LLC in favor of William Troy, Brett Bush
and Michelle Lynd
Page 12 of 15 Pages
EXHIBIT 1
to
SCHEDULE 13G
JOINT ACQUISITION STATEMENT
PURSUANT TO SECTION 240.13d-1(k)
--------------------------------
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is inaccurate.
Dated: March 30, 2006
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF ADVISORS LLC,
On its own behalf
And as the General Partner of
GREYWOLF CAPITAL PARTNERS II LP
By Jonathan Savitz,
Senior Managing Member
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF GP LLC
By Jonathan Savitz,
Managing Member
/s/ Jonathan Savitz
----------------------------------------
GREYWOLF CAPITAL MANAGEMENT LP,
On its own behalf
And as investment manager to
GREYWOLF CAPITAL OVERSEAS FUND
By Jonathan Savitz,
Managing Member
/s/ Jonathan Savitz
-------------------------------------
Jonathan Savitz
Page 13 of 15 Pages
EXHIBIT 2
to
SCHEDULE 13G
POWER OF ATTORNEY
The undersigned hereby appoints each of William Troy, Brett Bush and
Michelle Lynd his true and lawful attorney-in-fact and agent to execute and file
with the Securities and Exchange Commission any Schedule 13D and Schedule 13G,
any amendments thereto, and any Forms 3, 4 and 5, and any amendments thereto, or
in each case any related documentation which may be required to be filed in his
individual capacity as a result of the undersigned's position as the senior
managing member of Greywolf Advisors LLC and the sole managing member of
Greywolf GP LLC, and granting unto each said attorney-in-fact and agent, full
power and authority to do and perform each and every act and thing which he
might or could do in person, hereby ratifying and confirming all that each said
attorney-in-fact and agent, may lawfully do or cause to be done by virtue
hereof. The authority of each of William Troy, Brett Bush and Michelle Lynd
under this Power of Attorney shall continue with respect to the undersigned
until the undersigned is no longer required to file Schedule 13Ds, Schedule 13Gs
or Forms 3, 4 and 5, or any amendments thereto, unless revoked earlier in
writing.
Date: March 20, 2006
/s/ Jonathan Savitz
-----------------------------------
Name: Jonathan Savitz
Page 14 of 15 Pages
POWER OF ATTORNEY
Each of the undersigned hereby appoints each of William Troy, Brett
Bush and Michelle Lynd its true and lawful attorney-in-fact and agent to execute
and file with the Securities and Exchange Commission any Schedule 13D and
Schedule 13G, and any amendments thereto, and any Forms 3, 4 and 5, and any
amendments thereto, or in each case any related documentation which it may be
required to be file, and granting unto each said attorney-in-fact and agent,
full power and authority to do and perform each and every act and thing which it
might or could do itself, hereby ratifying and confirming all that each said
attorney-in-fact and agent, may lawfully do or cause to be done by virtue
hereof. The authority of each of William Troy, Brett Bush and Michelle Lynd
under this Power of Attorney shall continue with respect to each of the
undersigned until each of the undersigned is no longer required to file Schedule
13Ds, Schedule 13Gs or Forms 3, 4 and 5, or any amendments thereto, unless
revoked earlier in writing.
Date: March 20, 2006
GREYWOLF ADVISORS LLC
On its own behalf and as General Partner to
Greywolf Capital Partners II LP
/s/ Jonathan Savitz
-----------------------------------
Name: Jonathan Savitz
Title: Senior Managing Member
GREYWOLF GP LLC
On its own behalf and as the general partner of
Greywolf Capital Management LP (Greywolf
Capital Management LP acting for itself and as
Investment Manger to Greywolf Capital Overseas
Master Fund and Greywolf High Yield Fund)
/s/ Jonathan Savitz
-----------------------------------
Name: Jonathan Savitz
Title: Managing Member
Page 15 of 15 Pages