SEC Comment Letter for SAMSONITE — Nov 9, 2005
SAMSONITE CORP/FL (CIK 0000914478)
Date: Nov. 9, 2005 · CIK: 0000914478 · Accession: 0000000000-05-056886
AI Filing Summary & Sentiment
Referenced dates: October 20, 2005
Letter
Mail Stop 3561 November 9, 2005 Mr. Marcello Bottoli President and Chief Executive Officer Samsonite Corporation 11200 East 45th Avenue Denver, CO 80239
Re: Samsonite Corporation Form 10-K for the Fiscal Year Ended January 31, 2005 Filed April 29, 2005 File No. 0-23214
Dear Mr. Bottoli:
We have reviewed your response letter filed on November 3, to our comment letter dated October 20, 2005 and have the following comment. Please provide a written response to our comment. Please be as detailed as necessary in your explanation. In our comment, we may ask you to provide us with information so we may better understand your disclosure. After reviewing this information, we may raise additional comments.
Form 10-K for the Fiscal Year Ended January 31, 2005
(2) Refinancing, Recapitalization and Convertible Preferred Stock, page F-11
1. We have reviewed your response to comment 4 in our letter dated October 20, 2005, noting that you had obtained affirmative voting agreements at May 1, 2003 signed by over half the holders of your outstanding common stock and old preferred stock. Please support your selection of May 1, 2003 as the commitment date by providing us with further detail regarding the shareholder approval process, including whether or not the transaction became legally enforceable with all holders of old preferred stock once majority approval was obtained. Please also tell us whether or not your indenture agreement contained a solicitation period during which the shareholders could have revoked their agreements prior to the issuance date. If there was such a solicitation period, please tell us how you determined that a May 1, 2003 commitment date was appropriate under the circumstances.
Please respond to this comment within 10 business days or tell us when you will provide us with a response. Please furnish a letter that keys your response to our comment and provides any requested information. Detailed letters greatly facilitate our review. Please understand that we may have additional comments after reviewing your response to our comment.
You may contact Andrew Blume (Staff Accountant) at (202) 551- 3254 if you have questions regarding the comment on the financial statements and related matters. Please contact me at (202) 551- with any other questions.
Sincerely,
William Choi
Accounting Branch
Chief
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<TEXT>
Mail Stop 3561
November 9, 2005
Mr. Marcello Bottoli
President and Chief Executive Officer
Samsonite Corporation
11200 East 45th Avenue
Denver, CO 80239
Re: Samsonite Corporation
Form 10-K for the Fiscal Year Ended January 31, 2005
Filed April 29, 2005
File No. 0-23214
Dear Mr. Bottoli:
We have reviewed your response letter filed on November 3,
2005
to our comment letter dated October 20, 2005 and have the
following
comment. Please provide a written response to our comment.
Please
be as detailed as necessary in your explanation. In our comment,
we
may ask you to provide us with information so we may better
understand your disclosure. After reviewing this information, we
may
raise additional comments.
Form 10-K for the Fiscal Year Ended January 31, 2005
(2) Refinancing, Recapitalization and Convertible Preferred Stock,
page F-11
1. We have reviewed your response to comment 4 in our letter dated
October 20, 2005, noting that you had obtained affirmative voting
agreements at May 1, 2003 signed by over half the holders of your
outstanding common stock and old preferred stock. Please support
your selection of May 1, 2003 as the commitment date by providing
us
with further detail regarding the shareholder approval process,
including whether or not the transaction became legally
enforceable
with all holders of old preferred stock once majority approval was
obtained. Please also tell us whether or not your indenture
agreement contained a solicitation period during which the
shareholders could have revoked their agreements prior to the
issuance date. If there was such a solicitation period, please
tell
us how you determined that a May 1, 2003 commitment date was
appropriate under the circumstances.
Please respond to this comment within 10 business days or
tell
us when you will provide us with a response. Please furnish a
letter
that keys your response to our comment and provides any requested
information. Detailed letters greatly facilitate our review.
Please
understand that we may have additional comments after reviewing
your
response to our comment.
You may contact Andrew Blume (Staff Accountant) at (202)
551-
3254 if you have questions regarding the comment on the financial
statements and related matters. Please contact me at (202) 551-
3716
with any other questions.
Sincerely,
William Choi
Accounting Branch
Chief
Mr. Marcello Bottoli
Samsonite Corporation
November 9, 2005
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