--------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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RIVIERA HOLDINGS CORPORATION
(Name of Issuer)
Common Stock
(Title of Class of Securities)
769627 10 0
(CUSIP Number)
D. Kerry Crenshaw, Esq.
Clark Hill PLC
500 Woodward Avenue, Suite 3500
Detroit, MI 48226-3435
(313) 965-8266
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
September 13, 2006
(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 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 13d-7(b) 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).
CUSIP No. 769627 10 0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
DESERT ROCK ENTERPRISES LLC
20-3404082
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada, United States of America
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7 SOLE VOTING POWER
625,000
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 625,000
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 625,000
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
625,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
625,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.01%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 769627 10 0
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
The Derek J. Stevens Irrevocable Trust under agreement dated July 16, 1993
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
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
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
164,000
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 789,000
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 164,000
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
789,000
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
789,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.33%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 769627 10 0
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Derek J. Stevens
(as trustee of the Derek J. Stevens Irrevocable Trust under agreement dated
July 16, 1993)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
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
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
164,000
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 789,000
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 164,000
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
789,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
789,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.33%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 769627 10 0
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
The Gregory J. Stevens Irrevocable Trust under agreement dated
September 20, 1995
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
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
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
90,000
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 715,000
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 90,000
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
715,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
715,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.73%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 769627 10 0
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Gregory J. Stevens
(as trustee of the Gregory J. Stevens Irrevocable Trust under agreement
dated September 20, 1995)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
--------------------------------------------------------------------------------
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
United States of America
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
90,000
-----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 715,000
OWNED BY -----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 90,000
WITH -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
715,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
715,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.73%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1. Security and Issuer
The class of equity securities to which this statement on Schedule 13D
(the "Statement") relates is the common stock, par value $0.001 per share (the
"Common Stock"), of Riviera Holdings Corporation, a Nevada corporation (the
"Issuer"), and is being filed pursuant to Rule 13d-1(a) under the Securities
Exchange Act of 1934, as amended (the "Exchange Act"). The principal executive
offices of the Issuer are located at 2901 Las Vegas Boulevard South, Las Vegas,
Nevada 89109.
Item 2. Identity and Background
This Statement is being filed on behalf of Desert Rock Enterprises LLC, a
Nevada limited liability company ("Desert Rock"), the Derek J. Stevens
Irrevocable Trust, under agreement dated July 16, 1993 (a trust formed under the
laws of the State of Michigan for the sole benefit of Derek J. Stevens, the
"Derek J. Stevens Trust"), Derek J. Stevens, as trustee of the Derek J. Stevens
Trust, the Gregory J. Stevens Irrevocable Trust, under agreement dated September
20, 1995 (a trust formed under the laws of the State of Michigan for the sole
benefit of Gregory J. Stevens, the "Gregory J. Stevens Trust") and Gregory J.
Stevens, as trustee of the Gregory J. Stevens Trust. The five persons are
collectively referred to as the "Reporting Persons". The Reporting Persons are
filing jointly and the agreement among the Reporting Persons to file jointly is
attached as Exhibit 6 hereto, and incorporated by reference herein.
The principal office of Desert Rock is 3960 Howard Hughes Parkway, Suite
562, Las Vegas, Nevada 89109. The business address of Derek J. Stevens, Gregory
J. Stevens, the Derek J. Stevens Trust, and the Gregory J. Stevens Trust is
21777 Hoover Road, Warren, MI 48089, United States of America.
The principal business of Desert Rock is that of a limited liability
company, currently focusing on the acquisition and development of real estate.
Derek J. Stevens is the Manager of Desert Rock and the sole trustee of the Derek
J. Stevens Trust. Both the Derek J. Stevens Trust and the Gregory J. Stevens
Trust are members of Desert Rock, and serve as irrevocable trusts for Derek J.
Stevens and Gregory J. Stevens, respectively. Gregory J. Stevens is the sole
trustee of the Gregory J. Stevens Trust.
During the last five years, neither any Reporting Person nor, to the best
knowledge of any Reporting Person, any person named in this Item 2, has been:
(i) convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or (ii) has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
In acquiring 625,000 shares of the Common Stock of the Issuer prior to
September 22, 2006, Desert Rock expended approximately $12,673,974 of its
working capital. In acquiring 164,000 shares of the Common Stock of the Issuer
prior to September 22, 2006, the Derek J. Stevens Trust expended approximately
$3,452,733 of the funds it held in trust. In acquiring 90,000 shares of the
Common Stock of the Issuer, the Gregory J. Stevens Trust expended approximately
$1,695,447 of the funds it held in trust. Derek J. Stevens and Gregory J.
Stevens are listed on this Schedule 13D solely in their capacity as the Manager
of Desert Rock (for Derek J. Stevens), and as trustees of the Derek J. Stevens
Trust and the Gregory J. Stevens Trust, respectively.
Item 4. Purpose of Transaction
Desert Rock, the Derek J. Stevens Trust and the Gregory J. Stevens Trust
acquired the shares in order to invest in the Issuer. The Reporting Persons
intend to review from time to time both the Issuer's business affairs and the
business affairs and financial position of Desert Rock. Based on such evaluation
and review, and subject to applicable law and regulation and depending upon
certain factors, including without limitation, the financial performance of the
Issuer, the Reporting Persons may consider from time to time various strategic
alternatives. Such strategic alternatives may include, among other things, (i)
the acquisition of additional shares of Common Stock or other securities of the
Issuer through open market purchases or otherwise, (ii) the sale of any number
of
shares of Common Stock or other securities of the Issuer through the open market
or otherwise, (iii) extraordinary corporate transactions, (iv) a sale or
transfer of a material amount of assets of the Issuer or any of its
subsidiaries, or (v) any other of the matters described in clauses (a) through
(j) of Item 4 of Schedule 13D.
As part of the Reporting Persons' ongoing review of their investment in
the Common Stock of the Issuer, each and/or all of the Reporting Persons will
from time to time hold talks or discussions with and respond to inquiries from
various parties, including, without limitation, the Issuer's Board of Directors,
management or representatives, other shareholders and other persons or entities
regarding the Issuer's affairs and strategic alternatives.
Item 5. Interest in Securities of the Issuer.
Based upon the Issuer's Quarterly Report on Form 10-Q for the quarter
ended June 30, 2006, there were 12,463,755 shares of Common Stock outstanding as
of August 7, 2006. Based on the foregoing, the 625,000 shares of Common Stock
beneficially owned by Desert Rock represent approximately 5.01% of the Common
Stock issued and outstanding (the "Desert Rock Shares"), the 164,000 shares of
Common Stock directly owned by the Derek J. Stevens Trust represent
approximately 1.3% of the Common Stock issued and outstanding (the "Derek J.
Stevens Trust Shares"), and the 90,000 shares of Common Stock directly owned by
the Gregory J. Stevens Trust represent approximately 0.7% of the Commons Stock
issued and outstanding (the "Gregory J. Stevens Trust Shares"). Collectively,
the 879,000 shares beneficially owned by the Reporting Persons represents
approximately 7.05% of the Common Stock issued and outstanding (the "Subject
Shares"). The Subject Shares are comprised of the Desert Rock Shares, the Derek
J. Stevens Trust Shares and the Gregory J. Stevens Trust Shares.
Desert Rock will have the power to vote or to direct the vote of (and the
power to dispose or direct the disposition of) the Desert Rock Shares. As
members of Desert Rock, the Derek J. Stevens Trust and the Gregory J. Stevens
Trust may be deemed to have the shared power to vote or direct the vote of (and
the shared power to dispose or direct the disposition of) the Desert Rock
Shares, and as Manager of Desert Rock, Derek J. Stevens may be deemed to have
the shared power to vote or direct the vote of (and the shared power to dispose
or direct the disposition of) the Desert Rock Shares. None of the Derek J.
Stevens Trust, the Gregory J. Stevens Trust, Derek J. Stevens or Gregory J.
Stevens owns any of the Desert Rock Shares and each such entity and/or
individual disclaims any beneficial ownership of the Desert Rock Shares (and any
shares of Common Stock held by Desert Rock).
The Derek J. Stevens Trust will have the power to vote or to direct the
vote of (and the power to dispose or direct the disposition of) the Derek J.
Stevens Trust Shares. As trustee of the Derek J. Stevens Trust, Derek J. Stevens
may be deemed to have the shared power to vote or direct the vote of (and the
shared power to dispose or direct the disposition of) the Derek J. Stevens Trust
Shares. Derek J. Stevens does not own any of the Derek J. Stevens Trust Shares,
and disclaims any beneficial ownership of the Derek J. Stevens Trust Shares.
The Gregory J. Stevens Trust will have the power to vote or to direct the
vote of (and the power to dispose or direct the disposition of) the Gregory J.
Stevens Trust Shares. As trustee of the Gregory J. Stevens Trust, Gregory J.
Stevens may be deemed to have the shared power to vote or direct the vote of
(and the shared power to dispose or direct the disposition of) the Gregory J.
Stevens Trust Shares. Gregory J. Stevens does not own any of the Gregory J.
Stevens Trust Shares, and disclaims any beneficial ownership of the Gregory J.
Stevens Trust Shares.
Derek J. Stevens does not personally own any shares of the Common Stock of
the Issuer directly. By virtue of Derek J. Stevens' position as the Manager of
Desert Rock, and as trustee of the Derek J. Stevens Trust (which trust is also a
member of Desert Rock), Derek J. Stevens may be deemed to have the shared power
to vote or direct the vote of (and the shared power to dispose or direct the
disposition of) the Desert Rock Shares and/or the Derek J. Stevens Trust Shares.
Derek J. Stevens disclaims any beneficial ownership of any of the Subject
Shares.
Gregory J. Stevens does not personally own any shares of the Common Stock
of the Issuer directly. By virtue of Gregory J. Stevens' position as the trustee
of the Gregory J. Stevens Trust (which trust is also a member of Desert Rock),
Gregory J. Stevens may be deemed to have the shared power to vote or direct the
vote of (and the shared power to dispose or direct the disposition of) the
Desert Rock Shares and/or the Gregory J. Stevens Trust Shares. Gregory J.
Stevens disclaims any beneficial ownership of any of the Subject Shares.
As of the date hereof, neither any Reporting Person, nor to the best
knowledge of any Reporting Person, any of the persons set forth in Item 2, owns
any shares of the Common Stock of the Issuer other than the Subject Shares.
The trading dates, number of shares of Common Stock purchased or sold and
the price per share for all transactions by the Reporting Persons in the shares
of Common Stock of the Issuer within the last 60 days, which were all acquired
in brokered transactions, are set forth below:
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DATE QTY COST TOTAL $
---- --- ---- -------
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DESERT ROCK
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July 24, 2006 7,600 20.04 152,319.20
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July 25, 2006 4,500 20.60 92,691.05
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July 26, 2006 7,500 20.81 156,070.73
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July 27, 2006 19,700 20.13 396,493.10
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July 28, 2006 66,700 19.80 1,320,593.84
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July 31, 2006 2,900 20.14 58,415.05
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August 1, 2006 1,100 19.90 21,884.99
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August 3, 2006 11,000 19.98 219,813.20
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August 4, 2006 53,000 19.40 1,028,235.84
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August 11, 2006 900 20.23 18,205.00
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August 14, 2006 9,000 20.57 185,105.00
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September 1, 2006 12,000 19.98 239,804.04
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September 6, 2006 3,400 19.88 67,589.00
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September 7, 2006 1,600 19.90 31,845.00
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September 8, 2006 1,200 19.37 23,240.00
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September 11, 2006 500 19.69 9,845.00
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September 12, 2006 6,000 19.60 117,605.00
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September 13, 2006 84,100 20.09 1,689,504.87
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September 14, 2006 59,100 20.02 1,183,361.00
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September 15, 2006 40,900 20.44 835,866.03
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September 18, 2006 7,000 20.37 142,605.00
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September 19, 2006 25,300 20.31 513,848.20
---------------------------------------------------------------------
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September 20, 2006 30,000 20.65 619,591.00
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Total for Desert Rock 455,000 $20.05 $9,124,531.14
---------------------------------------------------------------------
---------------------------------------------------------------------
---------------------------------------------------------------------
DATE QTY COST TOTAL $
---- --- ---- -------
---------------------------------------------------------------------
DEREK J. STEVENS TRUST
---------------------------------------------------------------------
July 28, 2006 6,600 19.90 131,362.04
---------------------------------------------------------------------
July 31, 2006 100 20.30 2,030.00
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August 1, 2006 2,600 19.71 51,255.00
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August 2, 2006 3,000 19.69 59,060.00
---------------------------------------------------------------------
---------------------------------------------------------------------
Total for Derek J. Stevens Trust 12,300 $19.81 $ 243,707.04
---------------------------------------------------------------------
---------------------------------------------------------------------
GREGORY J. STEVENS TRUST
---------------------------------------------------------------------
---------------------------------------------------------------------
July 26, 2006 20,000 20.86 417,190.00
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September 15, 2006 1,600 20.15 32,240.00
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September 18, 2006 8,300 20.40 169,320.00
---------------------------------------------------------------------
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Total for Gregory J. Stevens Trust 29,900 $20.69 $ 618,750.00
---------------------------------------------------------------------
---------------------------------------------------------------------
---------------------------------------------------------------------
Combined Total 497,200 $20.09 $9,986,988.18
---------------------------------------------------------------------
Except as set forth above, within the last 60 days, no other transactions
in shares of Common Stock of the Issuer were effected by any Reporting Person,
or to the best knowledge of any Reporting Person, any of the persons set forth
in Item 2.
No person other than the Reporting Persons has the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale or,
the Subject Shares.
Clause (e) of Item 5 of Schedule 13D is not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.
Except for the matters described herein, neither the Reporting Persons
nor, to the best knowledge of any Reporting Person, any of the person listed in
Item 2, has any contract, arrangement, understanding or relationship with any
person with respect to any securities of the Issuer.
Item 7. Material to be Filed as Exhibits.
EXHIBIT 1 Power of Attorney, granted by Derek J. Stevens, relating to Desert
Rock Enterprises LLC, in favor of the signatories hereto, dated
September 20, 2006.
EXHIBIT 2 Power of Attorney, granted by Derek J. Stevens, relating to the
Derek J. Stevens Trust, in favor of the signatories hereto, dated
September 20, 2006.
EXHIBIT 3 Power of Attorney, granted by Gregory J. Stevens, relating to the
Gregory J. Stevens Trust, in favor of the signatories hereto, dated
September 20, 2006.
EXHIBIT 4 Power of Attorney, granted by Derek J. Stevens in favor of the
signatories hereto, dated September 20, 2006.
EXHIBIT 5 Power of Attorney, granted by Gregory J. Stevens in favor of the
signatories hereto, dated September 20, 2006.
EXHIBIT 6 Joint Filing Agreement, by and among the Reporting Persons, dated
September 20, 2006.
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. Powers of Attorney, dated September 20, 2006, granted by Derek J.
Stevens, on behalf of Desert Rock Enterprises LLC, the Derek J. Stevens Trust
and himself individually, in favor of D. Kerry Crenshaw, and granted by Gregory
J. Stevens on behalf of the Gregory J. Stevens Trust and himself individually,
in favor of D. Kerry Crenshaw, are attached hereto as Exhibits 1, 2, 3, 4 and 5,
and incorporated herein by reference.
September 20, 2006
Date
DESERT ROCK ENTERPRISES LLC
/s/ Derek J. Stevens
--------------------------------------
By: Derek J. Stevens, its Manager
DEREK J. STEVENS
/s/ Derek J. Stevens
--------------------------------------
THE DEREK J. STEVENS IRREVOCABLE TRUST, under agreement dated July 16, 1993
/s/ Derek J. Stevens
--------------------------------------
By: Derek J. Stevens, its Trustee
THE GREGORY J. STEVENS IRREVOCABLE TRUST, under agreement dated September 20,
1995
/s/ Gregory J. Stevens
--------------------------------------
By: Gregory J. Stevens, its Trustee
GREGORY J. STEVENS
/s/ Gregory J. Stevens
--------------------------------------
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 1
POWER OF ATTORNEY
The undersigned, Desert Rock Enterprises LLC ("Desert Rock"), does hereby
constitute and appoint D. Kerry Crenshaw, Esq. as it's true and lawful
attorney-in-fact to execute for and on it's behalf any Schedule 13D (and any
amendments thereto) which it is required to file with the United States
Securities and Exchange Commission as a result of Desert Rock's ownership of or
transactions in securities of Riviera Holdings Corporation. Desert Rock
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of Desert Rock, and is not assuming any of Desert Rock's
responsibilities to comply with Section 13(d) of the Securities Exchange Act of
1934, as amended (the "Exchange Act").
This Power of Attorney shall remain in full force and effect until Desert
Rock is no longer required to file reports under Section 13(d) of the Securities
Exchange Act of 1934, as amended, with respect to such undersigned's holdings of
and transactions in securities issued by Riviera Holdings Corporation, unless
earlier revoked by Desert Rock in a signed writing delivered to the foregoing
attorney-in-fact.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement
effective as of the last date set forth below
DESERT ROCK ENTERPRISES LLC
/s/ Derek J. Stevens
--------------------------------------
By: Derek J. Stevens, its Manager
DATE: September 20, 2006
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 2
POWER OF ATTORNEY
The undersigned, Derek J. Stevens Irrevocable Trust, under agreement dated
July 16, 1993 ("Derek J. Stevens Trust"), does hereby constitute and appoint D.
Kerry Crenshaw, Esq. as it's true and lawful attorney-in-fact to execute for and
on it's behalf any Schedule 13D (and any amendments thereto) which it is or may
be required to file with the United States Securities and Exchange Commission as
a result of its and Desert Rock Enterprises LLC's ownership of or transactions
in securities of Riviera Holdings Corporation. The Derek J. Stevens Trust
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the Derek J. Stevens Trust, and is not assuming any of the Derek
J. Stevens Trust's responsibilities to comply with Section 13(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act").
This Power of Attorney shall remain in full force and effect until the
Derek J. Stevens Trust is no longer required to or wishes to file reports under
Section 13(d) of the Securities Exchange Act of 1934, as amended, with respect
to such undersigned's holdings of and transactions in securities issued by
Riviera Holdings Corporation, unless earlier revoked by the Derek J. Stevens
Trust in a signed writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement
effective as of the last date set forth below.
DEREK J. STEVENS IRREVOCABLE TRUST,
under agreement dated July 16, 1993
/s/ Derek J. Stevens
-----------------------------------------
By: Derek J. Stevens, its Trustee
DATE: September 20, 2006
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 3
POWER OF ATTORNEY
The undersigned, Gregory J. Stevens Irrevocable Trust, under agreement
dated September 20, 1995 ("Gregory J. Stevens Trust") does hereby constitute and
appoint D. Kerry Crenshaw, Esq. as it's true and lawful attorney-in-fact to
execute for and on it's behalf any Schedule 13D (and any amendments thereto)
which it is or may be required to file with the United States Securities and
Exchange Commission as a result of its and Desert Rock Enterprises LLC's
ownership of or transactions in securities of Riviera Holdings Corporation. The
Gregory J. Stevens Trust acknowledges that the foregoing attorney-in-fact, in
serving in such capacity at the request of the Gregory J. Stevens Trust, and is
not assuming any of the Gregory J. Stevens Trust's responsibilities to comply
with Section 13(d) of the Securities Exchange Act of 1934, as amended (the
"Exchange Act").
This Power of Attorney shall remain in full force and effect until the
Gregory J. Stevens Trust is no longer required to or wishes to file reports
under Section 13(d) of the Securities Exchange Act of 1934, as amended, with
respect to such undersigned's holdings of and transactions in securities issued
by Riviera Holdings Corporation, unless earlier revoked by the Gregory J.
Stevens Trust in a signed writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement
effective as of the last date set forth below
GREGORY J. STEVENS IRREVOCABLE TRUST,
under agreement dated September 20, 1995
/s/ Gregory J. Stevens
--------------------------------------------
By: Gregory J. Stevens, its Trustee
DATE: September 20, 2006
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 4
POWER OF ATTORNEY
The undersigned, Derek J. Stevens, does hereby constitute and appoint D.
Kerry Crenshaw, Esq. as it's true and lawful attorney-in-fact to execute for and
on it's behalf any Schedule 13D (and any amendments thereto) which it is or may
be required to file with the United States Securities and Exchange Commission as
a result of Desert Rock Enterprises LLC's and the Derek J. Stevens Irrevocable
Trust's ownership of or transactions in securities of Riviera Holdings
Corporation. Derek J. Stevens acknowledges that the foregoing attorney-in-fact,
in serving in such capacity at the request of Derek J. Stevens, and is not
assuming any of Derek J. Stevens' responsibilities to comply with Section 13(d)
of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
This Power of Attorney shall remain in full force and effect until Derek
J. Stevens is no longer required to or wishes to file reports under Section
13(d) of the Securities Exchange Act of 1934, as amended, with respect to such
undersigned's holdings of and transactions in securities issued by Riviera
Holdings Corporation, unless earlier revoked by Derek J. Stevens in a signed
writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement
effective as of the last date set forth below.
/s/ Derek J. Stevens
------------------------------------------
Derek J. Stevens
DATE: September 20, 2006
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 5
POWER OF ATTORNEY
The undersigned, Gregory J. Stevens, does hereby constitute and appoint D.
Kerry Crenshaw, Esq. as it's true and lawful attorney-in-fact to execute for and
on it's behalf any Schedule 13D (and any amendments thereto) which it is or may
be required to file with the United States Securities and Exchange Commission as
a result of Desert Rock Enterprises LLC's and the Gregory J. Stevens Irrevocable
Trust's ownership of or transactions in securities of Riviera Holdings
Corporation. Gregory J. Stevens acknowledges that the foregoing
attorney-in-fact, in serving in such capacity at the request of the Gregory J.
Stevens, and is not assuming any of Gregory J. Stevens' responsibilities to
comply with Section 13(d) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act").
This Power of Attorney shall remain in full force and effect until Gregory
J. Stevens is no longer required to or wishes to file reports under Section
13(d) of the Securities Exchange Act of 1934, as amended, with respect to such
undersigned's holdings of and transactions in securities issued by Riviera
Holdings Corporation, unless earlier revoked by Gregory J. Stevens in a signed
writing delivered to the foregoing attorney-in-fact.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement
effective as of the last date set forth below.
/s/ Gregory J. Stevens
--------------------------------------
Gregory J. Stevens
DATE: September 20, 2006
CUSIP NO. 769627 10 0 SCHEDULE 13D EXHIBIT 6
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13D with respect to the Common Stock of Riviera Holdings Corporation is
filed on behalf of each of the undersigned and that all subsequent amendments to
this statement on Schedule 13D shall be filed on behalf of each of the
undersigned without the necessity of filing additional joint filing statements.
The undersigned acknowledge that each shall be responsible for the timely filing
of such amendments, and for the completeness and accuracy of the information
concerning him, but shall not be responsible for the completeness and accuracy
of the information concerning the other entities or persons, except to the
extent that he knows or has reason to believe that such information in
inaccurate.
Dated as of September 20, 2006
DESERT ROCK ENTERPRISES LLC
/s/ Derek J. Stevens
-------------------------------------------
By Derek J. Stevens, its Manager
DEREK J. STEVENS IRREVOCABLE TRUST,
under agreement dated July 16, 1993
/s/ Derek J. Stevens
-------------------------------------------
By Derek J. Stevens, its Trustee
GREGORY J. STEVENS IRREVOCABLE TRUST,
under agreement dated September 20, 1995
/s/ Gregory J. Stevens
-------------------------------------------
By Gregory J. Stevens, its Trustee
/s/ Derek J. Stevens
-------------------------------------------
Derek J. Stevens, an individual
/s/ Gregory J. Stevens
-------------------------------------------
Gregory J. Stevens, an individual