[Federal Register Volume 64, Number 225 (Tuesday, November 23, 1999)]
[Notices]
[Pages 65745-65746]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-30545]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw from Listing
and Registration; (Starwood Financial Trust, Class A Shares of
Beneficial Interest, Par Value $1.00) File No. 1-10150
November 17, 1999.
Starwood Financial Trust (``Trust''), has filed an application with
the Securities Exchange Commission (``Commission''), pursuant to
Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule
12d2-2(d) promulgated thereunder, to withdraw the security specified
above (the ``Trust Shares'') from listing and registration on the
American Stock Exchange LLC (``Amex'' or ``Exchange'').
On November 3, 1999, the Trust completed an incorporation merger
whereby it (1) converted from a Maryland real estate investment trust
to a Maryland corporation, (2) changed its name from Starwood Financial
Trust to Starwood Financial Inc. (``New Corporation''), and (3)
converted the Trust Shares, as well as its Class B shares of beneficial
interest, into common stock of the New Corporation (``New Corporation
Stock''). At 12:01 A.M. on November 4, 1999, a subsidiary of the New
Corporation merged with and into TriNet Corporate Realty Trust, Inc.
(``TriNet''), with TriNet surviving as a wholly owned subsidiary of the
New Corporation.
The Trust Shares have been listed on the Amex and, pursuant to a
Registration Statement on Form 8-A filed with the Commission which
became effective on November 2, 1999, the New Corporation Stock has
been listed on the New York Stock Exchange, Inc. (``NYSE''). Trading in
the New Corporation Stock commenced on the NYSE at the opening of
business on November 4, 1999.
[[Page 65746]]
The Trust has complied with Amex Rule 18 by filing with the
Exchange a certified copy of the preambles and resolutions adopted by
the Board of Trustees on June 15, 1999, authorizing the withdrawal of
the Trust Shares from listing on the Exchange and by setting forth in
detail to the Amex the reasons for such proposed withdrawal and the
facts in support thereof. The Amex has advised the trust that it would
not interpose any objection to the withdrawal of the Trust Shares from
listing on the Exchange.
The Trust's application relates solely to the withdrawal of the
Trust Shares from listing on the Amex and shall have no effect upon the
continued listing and registration of the New Corporation Stock on the
NYSE. Moreover, by reason of Section 12(b) of the Act and the rules and
regulations of the Commission thereunder, the New Corporation shall
continue to be obligated to file reports with the Commission under
Section 13 of the Act.
Any interested person may, on or before December 8, 1999, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street NW, Washington, DC 20549-0609, facts bearing upon whether
the application has been made in accordance with the rules of the
Exchange and what terms, if any, should be imposed by the Commission
for the protection of investors. The Commission, based on the
information submitted to it, will issue an order granting the
application after the date mentioned above, unless the Commission
determines to order a hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-30545 Filed 11-22-99; 8:45 am]
BILLING CODE 8010--01-M
