Sec Form 13D Filing - CP INTERNATIONAL INVESTMENTS LTD filing for ENCORE CAPITAL GROUP INC (ECPG) - 2007-05-11

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 11)*

                           Encore Capital Group, Inc.
                                (Name of Issuer)

                          Common Stock ($.01 par value)
                         (Title of Class of Securities)

                                    292554102
                                 (CUSIP Number)

                               John M. Allen, Esq.
                            Debevoise & Plimpton LLP
                                919 Third Avenue
                               New York, NY 10022
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
                                 Communications)

                                  May 10, 2007
             (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 Section 240.13d-1(e), (f) or (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 Section 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 purposes 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).




CUSIP No. 292554102                     13D

- --------------------------------------------------------------------------------
(1)  NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Consolidated Press International Holdings Limited
- --------------------------------------------------------------------------------
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     (a)  [ ]
     (b)  [ ]
- --------------------------------------------------------------------------------
(3)  SEC USE ONLY

- --------------------------------------------------------------------------------
(4)  SOURCE OF FUNDS

     OO
- --------------------------------------------------------------------------------
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2(D) OR 2(E)

     [ ]
- --------------------------------------------------------------------------------
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION

     Commonwealth of the Bahamas
- --------------------------------------------------------------------------------
                     (7)  SOLE VOTING POWER

                          0
                     -----------------------------------------------------------
                     (8)  SHARED VOTING POWER
 Number of Shares
Beneficially Owned        --
 by Each Reporting   -----------------------------------------------------------
    Person With      (9)  SOLE DISPOSITIVE POWER

                          0
                     -----------------------------------------------------------
                     (10) SHARED DISPOSITIVE POWER

                          --
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     0
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     [ ]
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     0.00%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON

     HC, CO
- --------------------------------------------------------------------------------


                                   Page 2 of 5



CUSIP No. 292554102                     13D

- --------------------------------------------------------------------------------
(1)  NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     C.P. International Investments Limited
- --------------------------------------------------------------------------------
(2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     (a)  [ ]
     (b)  [ ]
- --------------------------------------------------------------------------------
(3)  SEC USE ONLY

- --------------------------------------------------------------------------------
(4)  SOURCE OF FUNDS

     OO
- --------------------------------------------------------------------------------
(5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2(D) OR 2(E)

     [ ]
- --------------------------------------------------------------------------------
(6)  CITIZENSHIP OR PLACE OF ORGANIZATION

     Commonwealth of the Bahamas
- --------------------------------------------------------------------------------
                     (7)  SOLE VOTING POWER

                          0
                     -----------------------------------------------------------
                     (8)  SHARED VOTING POWER
 Number of Shares
Beneficially Owned        --
 by Each Reporting   -----------------------------------------------------------
    Person With      (9)  SOLE DISPOSITIVE POWER

                          0
                     -----------------------------------------------------------
                     (10) SHARED DISPOSITIVE POWER

                          --
- --------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     0
- --------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

     [ ]
- --------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

     0.00%
- --------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON

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


                                   Page 3 of 5



                        AMENDMENT NO. 11 TO SCHEDULE 13D

          This Amendment No. 11 to Schedule 13D is filed by Consolidated Press
International Holdings Limited ("CPIHL") and C.P. International Investments
Limited ("CPII," and together with CPIHL, the "Reporting Persons") to further
supplement and amend the Schedule 13D originally filed by the Reporting Persons
on February 22, 2000, as supplemented and amended by Amendment No. 1, dated
March 22, 2001, Amendment No. 2, dated August 28, 2001, Amendment No. 3, dated
March 4, 2002, Amendment No. 4, dated April 18, 2002, Amendment No. 5, dated
August 26, 2003, Amendment No. 6, dated August 29, 2003, Amendment No. 7, dated
September 26, 2003, Amendment No. 8, dated October 21, 2003, Amendment No. 9,
dated January 20, 2005 and Amendment No. 10 dated April 20, 2007 (the "Schedule
13D"). Items 4 and 5 are hereby supplemented. Unless otherwise indicated, all
capitalized terms shall have the same meaning as provided in the Schedule 13D.

Item 4. Purpose of Transaction.

          Item 4 is supplemented as follows:

          On May 10, 2007, CPII sold 3,563,805 shares of Common Stock to JCF FPK
I LP for $9.75 per share pursuant to its Stock Purchase Agreement, dated April
20, 2007, with JCF FPK I LP. In connection with the sale to JCF FPK I LP, Ray
Fleming and Peter May resigned from the Board of Directors of the Company.

Item 5. Interest in Securities of the Issuer.

          Following the sale of Common Stock described in Item 4, the Reporting
Persons own no shares of Common Stock.


                                   Page 4 of 5



                                    SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement with respect to the
undersigned is true, complete and correct.

Date: May 10, 2007

                                        Consolidated Press International
                                        Holdings Limited


                                        By /s/ Michael Johnston
                                           -------------------------------------
                                        Name: Michael Johnston
                                        Title: Director


                                        C.P. International Investments Limited


                                        By /s/ Ray Fleming
                                           -------------------------------------
                                        Name: Ray Fleming
                                        Title: Director


                                  Page 5 of 5