SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 9)*
ORIENT-EXPRESS HOTELS LTD.
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(Name of Issuer)
Class A Common Shares, $0.01 Par Value
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(Title of Class of Securities)
G67743107
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(CUSIP Number)
Peter A. Nussbaum, Esq.
CR Intrinsic Investors, LLC
72 Cummings Point Road
Stamford, CT 06902
(203) 890-2000
(with a copy to)
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
Attn: Adam M. Turteltaub
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 12, 2009
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box: [ ]
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 240.13d-7
for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the 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).
SCHEDULE 13D
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CUSIP No. G67743107 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
CR Intrinsic Investors, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 2,835,000 (see Item 5)
BENEFICIALLY OWNED --------- ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,835,000 (see Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,835,000 (see Item 5)
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [X]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
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14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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-2-
SCHEDULE 13D
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CUSIP No. G67743107 Page 3 of 6 Pages
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----------- --------------------------------------------------------------------
1 NAME OF REPORTING PERSON
CR Intrinsic Investments, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
----------- --------------------------------------------------------------------
3 SEC USE ONLY
----------- --------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
----------- --------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Anguilla, British West Indies
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 2,835,000 (see Item 5)
BENEFICIALLY OWNED --------- ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,835,000 (see Item 5)
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,835,000 (see Item 5)
----------- --------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [X]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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-3-
SCHEDULE 13D
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CUSIP No. G67743107 Page 4 of 6 Pages
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1 NAME OF REPORTING PERSON
Steven A. Cohen
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------- --------- ------------------------------------------------
7 SOLE VOTING POWER
0
--------- ------------------------------------------------
8 SHARED VOTING POWER
NUMBER OF SHARES 2,835,000 (see Item 5)
BENEFICIALLY OWNED --------- ------------------------------------------------
BY EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
0
--------- ------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,835,000 (see Item 5)
----------- --------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,835,000 (see Item 5)
----------- --------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [X]
----------- --------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.6%
----------- --------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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-4-
Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A (this
"Amendment No. 9") amends the Schedule 13D filed on May 16, 2008 (the "Original
Schedule 13D") and amended on June 3, 2008 ("Amendment No. 1"), August 4, 2008
("Amendment No. 2"), August 26, 2008 ("Amendment No. 3"), September 25, 2008
("Amendment No. 4"), October 6, 2008 ("Amendment No. 5"), October 7, 2008
("Amendment No. 6"), October 15, 2008 ("Amendment No. 7") and November 24, 2008
("Amendment No. 8") (the Original Schedule 13D, Amendment No. 1, Amendment No.
2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6,
Amendment No. 7, Amendment No. 8 and Amendent No. 9 are collectively referred to
herein as the "Schedule 13D"). This Amendment No. 9 relates to Class A common
shares, $0.01 par value per share (the "Common Stock"), of Orient-Express Hotels
Ltd., a Bermuda company (the "Issuer").
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended to include the following:
On January 12, 2009, Valence, Oculus, and CR Intrinsic Investments filed a
petition in the Supreme Court of Bermuda against the Issuer, its subsidiary
Orient-Express Holdings 1 Ltd., and the members of the Board alleging, among
other things, that the Issuer's current ownership and voting structure is
unlawful under Bermuda law and that the Board exercised its fiduciary powers for
an improper purpose in causing or procuring the subsidiary to acquire, hold
and/or vote Class B shares of the Issuer. The petition requested, among other
things, that the court issue orders (i) providing for the classification of the
Class B shares as non-voting treasury shares pursuant to Bermuda law, (ii)
providing for the cancellation of the Class B shares, (iii) restraining the
subsidiary from exercising voting rights with respect to the Class B shares
and/or (iv) providing such other relief as the court may deem proper.
Page 5 of 6
SIGNATURES
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned, severally and not jointly,
certifies that the information set forth in this statement is true, complete and
correct.
Dated: January 14, 2009
CR INTRINSIC INVESTORS, LLC
By: /s/ Peter Nussbaum
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Name: Peter Nussbaum
Title: Authorized Person
CR INTRINSIC INVESTMENTS, LLC
By: /s/ Peter Nussbaum
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Name: Peter Nussbaum
Title: Authorized Person
STEVEN A. COHEN
By: /s/ Peter Nussbaum
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Name: Peter Nussbaum
Title: Authorized Person
Page 6 of 6