SEC Info - JGD Management Corp/NY, et al. - ‘SC 13G’ on 1/14/05 re: RCN Corp/DE

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JGD Management Corp/NY, et al. – ‘SC 13G’ on 1/14/05 re: RCN Corp/DE

On: Friday, 1/14/05, at 4:35pm ET · Accession #: 950120-5-24 · File #: 5-51715

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

 1/14/05  JGD Management Corp/NY            SC 13G                 1:30K  RCN Corp/DE                       Thelen LLP/FA
          York Capital Management, L.P.
          York Credit Opportunities Fund, L.P.
          York Global Value Partners, L.P.
          York Investment Limited
          York Select, L.P.

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

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      Statement of Beneficial Ownership                     21     60K

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 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: York Credit Opportunities
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:
11	Item 2(d). Title of Class of Securities:
"	Item 2(e). Cusip Number:
"	Item 4.(a), (b) AND (c). Ownership
13	Item 6. Ownership of More Than Five Percent on Behalf of Another Person
14	Item 10. Certification
19	York Credit Opportunities

SC 13G 1st Page of 21 TOC ↑Top Previous Next ↓Bottom Just 1st
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

 UNDER THE SECURITIES EXCHANGE ACT 1934*

 RCN Corporation
--------------------------------------------------------------------------------
(Name of Issuer)

Common Shares, $0.01 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)

 749361200
--------------------------------------------------------------------------------
(CUSIP Number)

January 6, 2005   
--------------------------------------------------------------------------------
 (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 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 2nd Page of 21 TOC 1st Previous Next ↓Bottom Just 2nd
-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

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

JGD Management Corp.                              
--------------------------------------------------------------------------------
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                 3,148,936 Common Shares                            
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

 3,148,936 Common Shares

8    SHARED DISPOSITIVE POWER             

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

3,148,936 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)                

8.7%                                              
--------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

2 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

--------------------------------------------------------------------------------
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                 920,020 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

 920,020 Common Shares

8    SHARED DISPOSITIVE POWER             

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

920,020 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)                

2.5%                                              
--------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

3 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

--------------------------------------------------------------------------------
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                 267,747 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

267,747 Common Shares 

8    SHARED DISPOSITIVE POWER             

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

267,747 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

4 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

--------------------------------------------------------------------------------
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                 496,820 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

496,820 Common Shares 

8    SHARED DISPOSITIVE POWER             

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

496,820 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)                

1.4%                                              
--------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

5 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

--------------------------------------------------------------------------------
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                 333,014 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

333,014 Common Shares 

8    SHARED DISPOSITIVE POWER             

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

333,014 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*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

6 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

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

York Credit Opportunities Fund, 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                 543,438 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

543,438 Common Shares 

8    SHARED DISPOSITIVE POWER             

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

543,438 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*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

7 

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-----------------------------                                                   
CUSIP No. 749361200                                                             
-----------------------------                                                   

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

York Global Value 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                 295,304 Common Shares                              
OWNED BY                                                                    
EACH           6    SHARED VOTING POWER                                 
REPORTING                                                                   
PERSON WITH                 -0-                                               

7    SOLE DISPOSITIVE POWER               

295,304 Common Shares 

8    SHARED DISPOSITIVE POWER             

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

295,304 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)                

0.8%                                              
--------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON*                                         

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

*SEE INSTRUCTIONS BEFORE FILLING OUT

8 

SC 13G 9th Page of 21 TOC 1st Previous Next ↓Bottom Just 9th
ITEM 1(a).     NAME OF ISSUER:                                                  
--------------                                    

RCN Corporation                                   

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

105 Carnegie Center                               
Princeton, NJ  08540-6215                         

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)  JGD Management Corp. ("JGD"), a Delaware corporation, an affiliate
        of Dinan Management, L.L.C. ("Dinan Management"), a New York limited
       liability company, York Select Domestic Holdings, LLC ("York Select
          Domestic Holdings"), a New York limited liability company, York Select
        Offshore Holdings, LLC ("York Select Offshore Holdings"), a New York
 limited liability company, York Credit Opportunities Domestic
        Holdings, LLC ("York Credit Opportunities Domestic Holdings"), a New
      York limited liability company and York Global Value Holdings, LLC
         ("York Global Value Holdings"), a New York limited liability Company.
      JGD is also an affiliate of York Offshore Holdings, Limited ("York
         Offshore Limited"), a corporation of the Commonwealth of the Bahamas.

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

 (vi)  York Credit Opportunities Fund, L.P. ("York Credit Opportunities"),
a Delaware limited partnership.                             

(vii)  York Global Value Partners, L.P. ("York Global Value"), a Delaware 
limited partnership.                                        

York Offshore Limited is the investment manager of York Investment.   

 9

SC 13G 10th Page of 21 TOC 1st Previous Next ↓Bottom Just 10th
Dinan Management is the General Partner of York Capital.              

York Select Domestic Holdings is the General Partner of York Select.  

York Select Offshore Holdings is the investment manager of York Select
Trust.                                                                          

    York Credit Opportunities Domestic Holdings is the General Partner of York
Credit Opportunities.                                                           

 York Global Value Holdings is the General Partner of York Global Value.

JGD is also filing this statement on behalf of certain other accounts 
("Managed Accounts") which it manages.                                          

ITEM 2(b).     ADDRESS OF PRINCIPAL BUSINESS OFFICE:                            
------------------------------------              

The address of each of JGD, York Investment, York Capital, York Credit
Opportunities, York Select, York Select Trust and York Global Value is:         

c/o York Capital Management                                 
390 Park Avenue                                             
New York, NY 10022                                          

10

SC 13G 11th Page of 21 TOC 1st Previous Next ↓Bottom Just 11th
ITEM 2(d).     TITLE OF CLASS OF SECURITIES:                                    
----------------------------                      

Common Shares                                     

ITEM 2(e).     CUSIP NUMBER:                                                    
------------                                      

749361200                                         

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)  JGD                                                              
---                                                         

(a)  Amount beneficially owned: 3,148,936 shares.           

(b)  Percent of class: 8.7%.                                

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

          (i)  Sole power to vote or direct the vote 3,148,936 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
3,148,936 shares.                       

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

(ii)  York Investment                                                   
---------------                                             

(a)  Amount beneficially owned: 920,020 shares.             

(b)  Percent of class: 2.5%.                                

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

        (i)  Sole power to vote or direct the vote 920,020 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
920,020 shares.                         

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

(iii)  York Capital                                                       
------------                                                

(a)  Amount beneficially owned: 267,747 shares.             

(b)  Percent of class: 0.7%.                                

11

SC 13G 12th Page of 21 TOC 1st Previous Next ↓Bottom Just 12th
(c)  Number of shares as to which such person has:          

        (i)  Sole power to vote or direct the vote 267,747 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
267,747 shares.                         

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

(iv)  York Select                                                       
-----------                                                 

(a)  Amount beneficially owned: 496,820 shares.             

(b)  Percent of class: 1.4%.                                

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

        (i)  Sole power to vote or direct the vote 496,820 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
496,820 shares.                         

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

(v)  York Select Trust                                                
-----------------                                           

(a)  Amount beneficially owned: 333,014 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 333,014 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
333,014 shares.                         

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

(vi)  York Credit Opportunities                                         
-------------------------                                   

(a)  Amount beneficially owned: 543,438 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 543,438 shares.

12

SC 13G 13th Page of 21 TOC 1st Previous Next ↓Bottom Just 13th
(ii)  Shared power to vote or direct the vote -0-.  

   (iii)  Sole power to dispose or direct the disposition of
543,438 shares.                         

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

(vii)  York Global Value                                                  
-----------------                                           

(a)  Amount beneficially owned: 295,304 shares.             

(b)  Percent of class: 0.8%.                                

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

        (i)  Sole power to vote or direct the vote 295,304 shares.

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

   (iii)  Sole power to dispose or direct the disposition of
295,304 shares.                         

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

   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       
36,020,850 Common Shares, outstanding on December 21, 2004, as set forth in the 
Form 8-A of RCN Corporation (the "Company") filed December 27, 2004, plus       
115,537 Common Shares which would be received by the Reporting Persons upon     
conversion of 7.375% Convertible Second-Lien Notes due 2012 (Convertible        
Notes"), for a total of 36,136,387 Common Shares. The number of shares          
beneficially owned by the Reporting Persons includes the 115,537 Common Shares  
which would be received upon conversion of the Convertible Notes and 210,997    
Common Shares (the "Contingent Shares")which have not yet been distributed by   
the Company pending the resolution of certain contingent obligations. It is not 
yet known when or if such Contingent Shares will be distributed to the Reporting
Persons.                                                                        

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.                                   

13

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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: January 14, 2005                                                         

                      JGD Management Corp.

                    /s/ Adam J. Semler
                              ----------------------------
                Adam J. Semler
                         Chief Financial Officer

14

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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: January 14, 2005                                                         

                         YORK INVESTMENT LIMITED

                                    By: YORK OFFSHORE HOLDINGS LIMITED

                        By: /s/ Adam J. Semler
                                        ------------------------------
                        Adam J. Semler
                                 Chief Financial Officer

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: January 14, 2005                                                         

                               YORK CAPITAL MANAGEMENT, L.P.

                              By: DINAN MANAGEMENT, L.L.C.

                        By: /s/ Adam J. Semler
                                     ---------------------------
                        Adam J. Semler
                                 Chief Financial Officer

16

SC 13G 17th Page of 21 TOC 1st Previous Next ↓Bottom Just 17th
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: January 14, 2005.                                                        

                   YORK SELECT, L.P.

                                        By: YORK SELECT DOMESTIC HOLDINGS, LLC

                        By: /s/ Adam J. Semler
                                     ---------------------------
                        Adam J. Semler
                                 Chief Financial Officer

17

SC 13G 18th Page of 21 TOC 1st Previous Next ↓Bottom Just 18th
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: January 14, 2005                                                         

                        YORK SELECT UNIT TRUST

                                        By: YORK SELECT OFFSHORE HOLDINGS, LLC

                        By: /s/ Adam J. Semler
                                     ---------------------------
                        Adam J. Semler
                                 Chief Financial Officer

18

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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: January 14, 2005                                                         

                           YORK CREDIT OPPORTUNITIES
            FUND, L.P.

                                        By: YORK CREDIT OPPORTUNITIES DOMESTIC
                       HOLDINGS, LLC

                        By: /s/ Adam J. Semler
                                     ---------------------------
                        Adam J. Semler
                                 Chief Financial Officer

19

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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: January 14, 2005                                                         

                                  YORK GLOBAL VALUE PARTNERS, L.P.

                                     By: YORK GLOBAL VALUE HOLDINGS, LLC

                        By: /s/ Adam J. Semler
                                     ---------------------------
                        Adam J. Semler
                                 Chief Financial Officer

20

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                                                                       EXHIBIT A

 AGREEMENT OF JOINT FILING
 RCN CORPORATION
COMMON SHARES, $0.01 VALUE PER SHARE

     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby confirm the agreement by and among them to   
the joint filing on behalf of them of a Statement on Schedule 13G and any and   
all amendments thereto, with respect to the above referenced securities and that
this Agreement be included as an Exhibit to such filing.                        

    This Agreement may be executed in any number of counterparts each of which
shall be deemed to be an original and all of which together shall be deemed to  
constitute one and the same Agreement.                                          

   WITNESS WHEREOF, the undersigned hereby execute this Agreement as of this
14th day of January, 2005.                                                      

JGD MANAGEMENT CORP.                                                            

/s/ Adam J. Semler                                                              
-------------------------------                                                 
Adam J. Semler                             YORK SELECT UNIT TRUST               
Chief Financial Officer                                                         
                              By: YORK SELECT OFFSHORE
YORK INVESTMENT LIMITED                        HOLDINGS, LLC                    

By: YORK OFFSHORE HOLDINGS LIMITED                                              
                            By: /s/ Adam J. Semler
                                         ---------------------------
By: /s/ Adam J. Semler                         Adam J. Semler                   
---------------------------                Chief Financial Officer      
Adam J. Semler                                                          
Chief Financial Officer                                                 
                 YORK CREDIT
                                  OPPORTUNITIES FUND, L.P.
YORK CAPITAL MANAGEMENT, L.P.                                                   
                                   By: YORK CREDIT OPPORTUNITIES
By: DINAN MANAGEMENT, L.L.C.                   DOMESTIC HOLDINGS, LLC           

By: /s/ Adam J. Semler                     By: /s/ Adam J. Semler               
---------------------------                ---------------------------  
Adam J. Semler                             Adam J. Semler               
Chief Financial Officer                    Chief Financial Officer      

YORK SELECT, L.P.                                                               

By: YORK SELECT DOMESTIC HOLDINGS, LLC                                          

By: /s/ Adam J. Semler                                                          
---------------------------                                             
Adam J. Semler                                                          
Chief Financial Officer                                                 

YORK GLOBAL VALUE PARTNERS, L.P.                                                

By: YORK GLOBAL VALUE HOLDINGS, LLC                                             

By: /s/ Adam J. Semler                                                          
---------------------------                                             
Adam J. Semler                                                          
Chief Financial Officer

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Dates Referenced Herein and Documents Incorporated by Reference

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

Filed on:	1/14/05	14	20	4, 4/A
	1/6/05	1
	12/27/04	13		8-A12G, 8-K
	12/21/04	13		3
				List all Filings

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Filing Submission 0000950120-05-000024 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

JGD Management Corp/NY, et al. – ‘SC 13G’ on 1/14/05 re: RCN Corp/DE

On: Friday, 1/14/05, at 4:35pm ET · Accession #: 950120-5-24 · File #: 5-51715

Previous ‘SC 13G’: ‘SC 13G’ on 10/6/04 · Next: ‘SC 13G/A’ on 2/14/05 · Latest: ‘SC 13G/A’ on 5/7/10

Statement of Beneficial Ownership — Schedule 13GFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

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