UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934*
(Amendment No. )
BEARINGPOINT, INC.
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(Name of Issuer)
Common Stock, Par Value $0.01
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(Title of Class of Securities)
074002205
---------
(CUSIP Number)
November 13, 2008
-----------------
(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).
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CUSIP No. 074002205 13G Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
EagleRock Capital Management, LLC
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
04-2693383
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------- ----- ----------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----- ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED 350,208
BY ----- ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH ----- ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
350,208
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,208
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9% (see Item 4)
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12 TYPE OF REPORTING PERSON*
00
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*SEE INSTRUCTION BEFORE FILLING OUT
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CUSIP No. 074002205 13G Page 3 of 7 Pages
------------------- -----------------
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1 NAME OF REPORTING PERSON
Nader Tavakoli
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------- ----- ----------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----- ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED 437,758
BY ----- ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH ----- ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
437,758
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,758
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9% (see Item 4)
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT
SCHEDULE 13G
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This Schedule 13G is being filed on behalf of EagleRock Capital Management, LLC,
a Delaware limited liability company ("EagleRock Capital") and Mr. Nader
Tavakoli, the principal of EagleRock Capital and the sole member and manager of
Mountain Special Situations Fund, LLC, a Delaware limited liability company
("Mountain Special"), relating to shares of common stock, par value $0.01 per
share (the "Common Stock"), of BearingPoint, Inc., a Delaware corporation (the
"Issuer").
Item 1(a) Name of Issuer:
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BearingPoint, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
-----------------------------------------------
1676 International Drive
McLean, VA 22102
Items 2(a) Name of Person Filing:
---------------------
EagleRock Capital Management, LLC and Nader Tavakoli
Item 2(b) Address of Principal Business Office:
------------------------------------
24 West 40th St., 10th Floor
New York, NY 10018
Item 2(c) Citizenship:
-----------
EagleRock Capital is a limited liability company organized
under the laws of the state of Delaware. Nader Tavakoli is a
United States citizen.
Item 2(d) Title of Class of Securities:
----------------------------
Common Stock, par value $0.01 per share
Item 2(e) CUSIP Number:
------------
074002205
Item 3 Not Applicable
Item 4 Ownership:
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The percentages used herein are calculated based upon the
approximately 4,417,036 shares of Common Stock which the
Issuer reported outstanding as the result of a stock split
on December 10, 2008 on the Issuer's Current Reports on Form
8-K filed with the Securities
Page 4 of 7
and Exchange Commission on December 5, 2008 and December 10,
2008.
As of the close of business on February 9, 2009:
1. EagleRock Capital Management, LLC
(a) Amount beneficially owned: 350,208
(b) Percent of class: 7.9%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 350,208
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
350,208
2. Nader Tavakoli
(a) Amount beneficially owned: 437,758
(b) Percent of class: 9.9%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 437,758
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
437,758
EagleRock Capital and Nader Tavakoli own directly no shares
of Common Stock. Pursuant to investment management
agreements, EagleRock Capital maintains investment and
voting power with respect to shares of Common Stock held by
EagleRock Master Fund, LP, a limited partnership existing
under the laws of the Cayman Islands ("ERMF") and EagleRock
Institutional Partners, LP, a Delaware limited partnership
("ERIP"). Mr. Tavakoli, as the manager of EagleRock Capital
and the sole member and manager of Mountain Special,
controls their investment decisions. ERMF holds 175,106
shares of Common Stock. ERIP holds 175,102 shares of Common
Stock. Mountain Special holds 87,550 shares of Common Stock.
By reason of the provisions of Rule 13d-3 of the Securities
Exchange Act of 1934, as amended, each of (i) EagleRock
Capital and Mr. Tavakoli may be deemed to beneficially own
350,208 shares of Common Stock (constituting approximately
7.9% of the shares of Common Stock outstanding); and (ii)
Mr. Tavakoli may be deemed to beneficially own 87,550 shares
of Common Stock (constituting approximately 2.0% of the
shares of Common Stock outstanding).
The filing of this Schedule 13G shall not be construed as an
admission that EagleRock Capital or Mr. Tavakoli is for the
purposes of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934, the beneficial owner of any of the
shares of Common Stock held by ERMF, ERIP or Mountain
Special. Pursuant to Rule 13d-4, each of EagleRock and Mr.
Tavakoli disclaim all such beneficial ownership.
Page 5 of 7
Item 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following. [ ]
Item 6 Ownership of More than Five Percent on Behalf of Another
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Person:
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Not Applicable
Item 7 Identification and Classification of the
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Subsidiary Which Acquired the Security Being
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Reported on By the Parent Holding Company:
-----------------------------------------
Not Applicable
Item 8 Identification and Classification of Members
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of the Group:
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Not Applicable
Item 9 Notice of Dissolution of Group:
------------------------------
Not Applicable
Item 10 Certification:
-------------
By signing below the signatory certifies that, to the best of his 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.
Exhibit 99.1 Joint Filing Agreement dated February 13, 2009 between
EagleRock Capital Management, LLC and Nader Tavakoli.
Page 6 of 7
SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 13, 2009
EAGLEROCK CAPITAL MANAGEMENT, LLC
By: /s/ Nader Tavakoli
-------------------------------
Name: Nader Tavakoli
Title: Managing Member
NADER TAVAKOLI
/s/ Nader Tavakoli
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Page 7 of 7