SEC Info - Dinan James G, et al. - ‘SC 13G/A’ on 2/14/02 re: Global Light Telecommunications Inc

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Dinan James G, et al. – ‘SC 13G/A’ on 2/14/02 re: Global Light Telecommunications Inc

On: Thursday, 2/14/02 · Accession #: 950120-2-122 · File #: 5-55845

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/14/02  Dinan James G                     SC 13G/A               2:31K  Global Light Telecoms Inc         Thelen LLP/FA
          York Capital Management L.P.
          York Institutional Partners, L.P.
          York Investment Limited
          York Offshore Investors Unit Trust
          York Select L.P.
          York Select Unit Trust

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G/A    Amendment No. 1 to Schedule 13G                       18     54K 
 2: EX-1        Agreement of Joint Filing                              2±     9K

SC 13G/A — Amendment No. 1 to Schedule 13G
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Address of Issuer's Principal Executive Offices: Address of Principal Business Office: Certification Common Shares Cusip Number: Name of Issuer: Name of Person Filing; Address (B) and (C) of Principal Business Office; Citizenship: Ownership Ownership of More Than Five Percent on Behalf of Another Person Title of Class of Securities:
1	1st Page - Filing Submission
9	Item 1(A). Name of Issuer:
"	Item 1(B). Address of Issuer's Principal Executive Offices:
"	Item 2.(A),. Name of Person Filing; Address (B) and (C) of Principal Business Office; Citizenship:
10	Item 2(B). Address of Principal Business Office:
"	Item 2(D). Title of Class of Securities:
"	Common Shares
"	Item 2(E). Cusip Number:
"	Item 4.(A), (B) and (C). Ownership
12	Item 6. Ownership of More Than Five Percent on Behalf of Another Person
13	Item 10. Certification

SC 13G/A 1st Page of 18 TOC ↑Top Previous Next ↓Bottom Just 1st
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

 INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
 UNDER THE SECURITIES EXCHANGE ACT 1934*

 (Amendment No. 1)

Global Light Telecommunications Inc.
--------------------------------------------------------------------------------
(Name of Issuer)

 Common Shares, no par value
--------------------------------------------------------------------------------
(Title of Class of Securities)

 37934X 10 0
--------------------------------------------------------------------------------
(CUSIP Number)

 December 31, 2001
--------------------------------------------------------------------------------
 (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)                                         

[ ]     Rule 13d-1(c)                                         

[X]     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 on 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).                                                                         

SC 13G/A 2nd Page of 18 TOC 1st Previous Next ↓Bottom Just 2nd
-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

James G. Dinan                        
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

U.S.A.                                
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             3,045,837 Common Shares
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0- Common Shares     
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                         3,045,837 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                                   -0- Common Shares
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

3,045,837 Common Shares               
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

9.8%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

IN                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

2 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Investment Limited               
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Commonwealth of the Bahamas           
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             1,274,466 Common Shares
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                         1,274,466 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

1,274,466 Common Shares               
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

4.1%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

CO                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

3 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Capital Management L.P.          
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                              
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             566,073 Common Shares  
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                       566,073 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

566,073 Common Shares                 
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.8%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

4 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Select L.P.                      
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                              
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             274,300 Common Shares  
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                       274,300 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

274,300 Common Shares                 
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

0.9%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

5 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Institutional Partners, L.P.     
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Delaware                              
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             16,402 Common Shares   
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                      16,402 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

16,402 Common Shares                  
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

0.1%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

6 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Offshore Investors Unit Trust    
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Cayman Islands                        
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             478,733 Common Shares  
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                       478,733 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

478,733 Common Shares                 
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

1.5%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

OO                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

7 

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-------------------------                                                       
CUSIP No. 37934X 10 0                                                           
-------------------------                                                       

--------------------------------------------------------------------------------
1       NAME OF REPORTING PERSONS                                       
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS             

York Select Unit Trust                
--------------------------------------------------------------------------------

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               
                                                                   (a) [ ]
                                                                   (b) [X]
--------------------------------------------------------------------------------
3       SEC USE ONLY                                                    

--------------------------------------------------------------------------------
4       CITIZENSHIP OR PLACE OF ORGANIZATION                            

Cayman Islands                        
--------------------------------------------------------------------------------
NUMBER OF                5      SOLE VOTING POWER           
SHARES                                                    
BENEFICIALLY                             215,000 Common Shares  
          OWNED BY              ------------------------------------------------
EACH                   6      SHARED VOTING POWER       
REPORTING                                                   
PERSON WITH                             -0-                   
                                ------------------------------------------------
                   7      SOLE DISPOSITIVE POWER

                                       215,000 Common Shares
                                ------------------------------------------------
                     8      SHARED DISPOSITIVE POWER

                     -0-
--------------------------------------------------------------------------------
9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    

215,000 Common Shares                 
--------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES          
         CERTAIN SHARES*                                               [ ]
--------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)              

0.7%                                  
--------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*                                       

PN                                    
--------------------------------------------------------------------------------

*SEE INSTRUCTIONS BEFORE FILLING OUT

8 

SC 13G/A 9th Page of 18 TOC 1st Previous Next ↓Bottom Just 9th
SCHEDULE 13G

              Pursuant to Rule 13d-2(b) promulgated under the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), this Amendment No. 1     
amends the Schedule 13G of James G. Dinan, dated February 16, 1999              
(collectively, the "Statement") with respect to the common shares, no par value 
per share (the "Common Shares"), of Global Light Telecommunications Inc., a     
Yukon corporation (the "Company"). Terms used and not otherwise defined herein  
shall have the respective meanings set forth in the Statement. Except as        
supplemented by the information contained herein or otherwise expressly         
indicated below, the information provided in the Statement remains in effect.   

ITEM 1(A).                 NAME OF ISSUER:                                      

          Global Light Telecommunications Inc.

ITEM 1(B).                 ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:     

         999 West Hastings Street, Suite 530
         Vancouver, British Columbia V6C 2W2

ITEM 2.(A),                NAME OF PERSON FILING; ADDRESS                       
(B) AND (C)                OF PRINCIPAL BUSINESS OFFICE; CITIZENSHIP:           
               -----------------------------------------

         This Schedule is being filed jointly by the following reporting persons
(hereinafter sometimes collectively referred to as the "Reporting Persons")     
pursuant to an Agreement of Joint Filing attached hereto as Exhibit A:          

  (i)  James G. Dinan ("Dinan"), an individual who is the Senior
           Managing Member and holder of a controlling interest in Dinan
           Management, L.L.C. ("Dinan Management"), York Select Domestic
       Holdings, LLC, York Select Offshore Holdings LLC and York
       Offshore Holdings, L.L.C., all New York limited liability
             companies and an indirect controlling interest in York Offshore
           Holdings, Ltd ("YOH, Ltd"), a Bahamas Corporation. Dinan is a
citizen of the United States.                     

         (ii)  York Investment Limited ("York Investment"), a corporation of The
Commonwealth of The Bahamas.                      

  (iii) York Capital Management, L.P. ("York Capital"), a Delaware
limited partnership.                              

(iv)  York Select, L.P. ("York Select"), a Delaware limited   
partnership.                                      

   (v)   York Institutional Partners, L.P. ("York Institutional"), a
Delaware limited partnership.                     

     (vi)  York Offshore Investors Unit Trust ("York Offshore"), a trust
organized under the laws of the Cayman Islands.   

         (vii) York Select Unit Trust ("York Select Trust"), a trust organized
under the laws of the Cayman Islands.             

    YOH, Ltd, is the Manager of York Investment. Dinan has an indirect
controlling interest in YOH, Ltd.                                               

Dinan Management acts as General Partner of York Capital York 
Institutional. York Select Domestic Holdings LLC acts as General Partner of and 
York Select. Each of York Capital, York Select and York Institutional is a      
privately owned investment limited partnership.                                 

9 

SC 13G/A 10th Page of 18 TOC 1st Previous Next ↓Bottom Just 10th
YOH, LLC is the manager of York Offshore.                     

       York Select Offshore Holdings, LLC is the manager of York Select Unit
Trust.                                                                          

      Dinan is also filing this statement on behalf of certain other funds
and accounts ("Managed Accounts") over which he has discretionary investment    
authority. Dinan is the President and sole shareholder of JGD Management Corp., 
a Delaware corporation, which manages the Managed Accounts.                     

ITEM 2(B).                 ADDRESS OF PRINCIPAL BUSINESS OFFICE:                

  The address of each of Dinan, York Capital, York Select and York
Institutional is:                                                               

       350 Park Avenue
 4th Floor
                New York, New York 10022

The address of York Investment for purposes of this filing is:

               York Investment Limited
                   c/o York Capital Management
       350 Park Avenue
 4th Floor
                New York, New York 10022

The address of York Offshore for purposes of this filing is:  

                          York Offshore Investors Unit Trust
                   c/o York Capital Management
       350 Park Avenue
 4th Floor
                New York, New York 10022

  The address of York Select Trust for purposes of this filing is:

              York Select Unit Trust
                   c/o York Capital Management
       350 Park Avenue
 4th Floor
                New York, New York 10022

ITEM 2(D).     TITLE OF CLASS OF SECURITIES:                                    

Common Shares                                     

ITEM 2(E).     CUSIP NUMBER:                                                    

37934X 10 0                                       

ITEM 4.(A),                                                                     
(B) AND (C)    OWNERSHIP.                                                       

      Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.       

(i)   Dinan                                                   

(a)  Amount beneficially owned: 3,045,837 shares. 

(b)  Percent of class: 9.8%.                      

10

SC 13G/A 11th Page of 18 TOC 1st Previous Next ↓Bottom Just 11th
(c)  Number of shares as to which such person has:

              (i)    Sole power to vote or direct the vote 3,045,837
shares.                   

                  (ii)   Shared power to vote or direct the vote -0- shares.

                 (iii)  Sole power to dispose or direct the disposition of
3,045,837 shares.         

                   (iv)   Shared power to dispose or direct the disposition of
-0- shares.               

(ii)  York Investment                                         

(a)  Amount beneficially owned: 1,274,466 shares. 

(b)  Percent of class: 4.1%.                      

(c)  Number of shares as to which such person has:

              (i)    Sole power to vote or direct the vote 1,274,466
shares.                   

           (ii)   Shared power to vote or direct the vote -0-.

                 (iii)  Sole power to dispose or direct the disposition of
1,274,466 shares.         

                   (iv)   Shared power to dispose or direct the disposition of
-0-.                      

(iii) York Capital                                            

(a)  Amount beneficially owned: 566,073 shares.   

(b)  Percent of class: 1.8%.                      

(c)  Number of shares as to which such person has:

            (i)    Sole power to vote or direct the vote 566,073
shares.                   

           (ii)   Shared power to vote or direct the vote -0-.

           (iii)  Sole power to dispose or direct the disposi-
tion of 566,073 shares.   

             (iv)   Shared power to dispose or direct the disposi-
tion of -0-.              

(iv)  York Select                                             

(a)  Amount beneficially owned: 274,300 shares.   

(b)  Percent of class: 0.9%.                      

(c)  Number of shares as to which such person has:

            (i)    Sole power to vote or direct the vote 274,300
shares.                   

11

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           (ii)   Shared power to vote or direct the vote -0-.

                 (iii)  Sole power to dispose or direct the disposition of
274,300 shares.           

                   (iv)   Shared power to dispose or direct the disposition of
-0-.                      

(v)   York Institutional                                      

(a)  Amount beneficially owned: 16,402 shares.    

(b)  Percent of class: 0.1%.                      

(c)  Number of shares as to which such person has:

                   (i)    Sole power to vote or direct the vote 16,402 shares.

           (ii)   Shared power to vote or direct the vote -0-.

                 (iii)  Sole power to dispose or direct the disposition of
16,402 shares.            

                   (iv)   Shared power to dispose or direct the disposition of
-0-.                      

(vi)  York Offshore                                           

(a)  Amount beneficially owned: 478,733 shares.   

(b)  Percent of class: 1.5%.                      

(c)  Number of shares as to which such person has:

                    (i)    Sole power to vote or direct the vote 478,733 shares.

           (ii)   Shared power to vote or direct the vote -0-.

                 (iii)  Sole power to dispose or direct the disposition of
478,733 shares.           

                   (iv)   Shared power to dispose or direct the disposition of
-0-.                      

(vii) York Select Unit Trust                                  

(a)  Amount beneficially owned: 215,000 shares.   

(b)  Percent of class: 0.7%.                      

(c)  Number of shares as to which such person has:

            (i)    Sole power to vote or direct the vote 215,000
shares.                   

The number of shares beneficially owned and the percentage of 
outstanding shares represented thereby, for each of the Reporting Persons, have 
been computed in accordance with Rule 13d-3 under the Securities Exchange Act of
1934, as amended. The percentage of ownership described above is based on       
31,110,900 Common Shares outstanding on December 31, 2001.                      

ITEM 6.        OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. 
             ---------------------------------------------------------------
       The Managed Accounts have the right to receive dividends from, or the
proceeds from the sale of, the Common Shares.                                   

12

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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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                                  /s/ James G. Dinan
                                         -------------------------
                                        James G. Dinan

13

SC 13G/A 14th Page of 18 TOC 1st Previous Next ↓Bottom Just 14th
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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                           YORK INVESTMENT LIMITED

                                     By:  York Offshore Holdings, Ltd.

                         By:/s/ James G. Dinan
                                       -----------------------------
                        James G. Dinan
                  Director

14

SC 13G/A 15th Page of 18 TOC 1st Previous Next ↓Bottom Just 15th
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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                                 YORK CAPITAL MANAGEMENT, L.P.

                                 By:  DINAN MANAGEMENT, L.L.C.

                         By:/s/ James G. Dinan
                                       -----------------------------
                        James G. Dinan
                                Senior Managing Member

15

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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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                   YORK SELECT, L.P.

                                         By:  York Select Domestic Holdings, LLC

                       By:/s/ James G. Dinan
                                     -----------------------------
                      James G. Dinan
                              Senior Managing Member

16

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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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                                     YORK INSTITUTIONAL PARTNERS, L.P.

                                 By:  DINAN MANAGEMENT, L.L.C.

                         By:/s/ James G. Dinan
                                       -----------------------------
                        James G. Dinan
                                Senior Managing Member

17

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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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                                      YORK OFFSHORE INVESTORS UNIT TRUST

                                       By:  YORK OFFSHORE HOLDINGS, L.L.C.

                         By:/s/ James G. Dinan
                                       -----------------------------
                        James G. Dinan
                                Senior Managing Member

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.      

 SIGNATURE

         After reasonable inquiry and to the best of the knowledge and belief of
the undersigned Reporting Person, the undersigned Reporting Person certifies    
that the information set forth in this statement with respect to it, or him, as 
the case may be, is true, complete and accurate.                                

Dated:  February 14, 2002                                                       

                          YORK SELECT UNIT TRUST

                                          By: York Select Offshore Holdings, LLC

                         By:/s/ James G. Dinan
                                       -----------------------------
                        James G. Dinan
                                Senior Managing Member

18

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13G/A’ Filing	Date	First	Last	Other Filings

Filed on:	2/14/02	13	18
	12/31/01	1	12
	2/16/99	9		SC 13G
				List all Filings

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Filing Submission 0000950120-02-000122 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Dinan James G, et al. – ‘SC 13G/A’ on 2/14/02 re: Global Light Telecommunications Inc

On: Thursday, 2/14/02 · Accession #: 950120-2-122 · File #: 5-55845

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Amendment to Statement of Beneficial Ownership — Schedule 13GFiling Table of Contents

SC 13G/A — Amendment No. 1 to Schedule 13GDocument Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to Statement of Beneficial Ownership — Schedule 13G
Filing Table of Contents

SC 13G/A — Amendment No. 1 to Schedule 13G
Document Table of Contents