Sec Form 13G Filing - Anchorage Capital Master Offshore Ltd filing for GENESCO INC (GCO) - 2008-08-19

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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                                 UNITED STATES
                        SECURITIES EXCHANGE COMMISSION
                            Washington, D.C. 20549

- ------------------------------------------------------------------------------

                                 SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                              (Amendment No. 2)*

                                 GENESCO, INC.
                                 -------------
                               (Name of Issuer)


                     Common Stock, $1 par value per share
                     ------------------------------------
                        (Title of Class of Securities)


                                   371532102
                                   ---------
                                (CUSIP Number)


                                August 18, 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 in 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).


                          Continued on following pages
                               Page 1 of 12 Pages
                             Exhibit Index: Page 11






                                  SCHEDULE 13G

CUSIP No.: 371532102                                          Page 2 of 12 Pages

.................................................................................
1.   Names of Reporting Persons.

     I.R.S. Identification Nos. of above persons (entities only).


     ANCHORAGE CAPITAL MASTER OFFSHORE, LTD.
     98-0418059
.................................................................................
2.   Check the Appropriate Box if a Member of a Group

     (a)  [ ]

     (b)  [X]
.................................................................................
3.   SEC Use Only
.................................................................................
4.   Citizenship or Place of Organization

     Cayman Islands
.................................................................................
Number of          5.    Sole Voting Power                  0
Shares            ..............................................................
Beneficially       6.    Shared Voting Power                0
Owned by Each     ..............................................................
Reporting          7.    Sole Dispositive Power             0
Person With       ..............................................................
                   8.    Shared Dispositive Power           0
.................................................................................
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

     0
.................................................................................
10.  Check  if  the  Aggregate  Amount  in  Row (9) Excludes Certain Shares (See
     Instructions)

     [ ]
.................................................................................
11.  Percent of Class Represented by Amount in Row (9)

     0.00% based on 19,177,348 shares outstanding.
.................................................................................
12.  Type of Reporting Person:

     OO



                                  SCHEDULE 13G

CUSIP No.: 371532102                                          Page 3 of 12 Pages

.................................................................................
1.   Names of Reporting Persons.

     I.R.S. Identification Nos. of above persons (entities only).


     ANCHORAGE ADVISORS, L.L.C.
     20-0042271
.................................................................................
2.   Check the Appropriate Box if a Member of a Group

     (a)  [ ]

     (b)  [X]
.................................................................................
3.   SEC Use Only
.................................................................................
4.   Citizenship or Place of Organization

     Delaware
.................................................................................
Number of          5.    Sole Voting Power                  0
Shares            ..............................................................
Beneficially       6.    Shared Voting Power                0
Owned by Each     ..............................................................
Reporting          7.    Sole Dispositive Power             0
Person With       ..............................................................
                   8.    Shared Dispositive Power           0
.................................................................................
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

     0
.................................................................................
10.  Check  if  the  Aggregate  Amount  in  Row (9) Excludes Certain Shares (See
     Instructions)

     [ ]
.................................................................................
11.  Percent of Class Represented by Amount in Row (9)

     0.00% based on 19,177,348 shares outstanding.
.................................................................................
12.  Type of Reporting Person:

     OO, IA




                                  SCHEDULE 13G

CUSIP No.: 371532102                                          Page 4 of 12 Pages

.................................................................................
1.   Names of Reporting Persons.

     I.R.S. Identification Nos. of above persons (entities only).


     ANCHORAGE ADVISORS MANAGEMENT, L.L.C.
     20-0042478
.................................................................................
2.   Check the Appropriate Box if a Member of a Group

     (a)  [ ]

     (b)  [X]
.................................................................................
3.   SEC Use Only
.................................................................................
4.   Citizenship or Place of Organization

     Delaware
.................................................................................
Number of          5.    Sole Voting Power                  0
Shares            ..............................................................
Beneficially       6.    Shared Voting Power                0
Owned by Each     ..............................................................
Reporting          7.    Sole Dispositive Power             0
Person With       ..............................................................
                   8.    Shared Dispositive Power           0
.................................................................................
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

     0
.................................................................................
10.  Check  if  the  Aggregate  Amount  in  Row (9) Excludes Certain Shares (See
     Instructions)

     [ ]
.................................................................................
11.  Percent of Class Represented by Amount in Row (9)

     0.00% based on 19,177,348 shares outstanding.
.................................................................................
12.  Type of Reporting Person:

     OO, HC





                                  SCHEDULE 13G

CUSIP No.: 371532102                                          Page 5 of 12 Pages

.................................................................................
1.   Names of Reporting Persons.

     I.R.S. Identification Nos. of above persons (entities only).


     ANTHONY L. DAVIS
.................................................................................
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 of America
.................................................................................
Number of          5.    Sole Voting Power                  0
Shares            ..............................................................
Beneficially       6.    Shared Voting Power                0
Owned by Each     ..............................................................
Reporting          7.    Sole Dispositive Power             0
Person With       ..............................................................
                   8.    Shared Dispositive Power           0
.................................................................................
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

     0
.................................................................................
10.  Check  if  the  Aggregate  Amount  in  Row (9) Excludes Certain Shares (See
     Instructions)

     [ ]
.................................................................................
11.  Percent of Class Represented by Amount in Row (9)

     0.00% based on 19,177,348 shares outstanding.
.................................................................................
12.  Type of Reporting Person:

     IN, HC




                                  SCHEDULE 13G

CUSIP No.: 371532102                                          Page 6 of 12 Pages

.................................................................................
1.   Names of Reporting Persons.

     I.R.S. Identification Nos. of above persons (entities only).


     KEVIN M. ULRICH
.................................................................................
2.   Check the Appropriate Box if a Member of a Group

     (a)  [ ]

     (b)  [X]
.................................................................................
3.   SEC Use Only
.................................................................................
4.   Citizenship or Place of Organization

     Canada
.................................................................................
Number of          5.    Sole Voting Power                  0
Shares            ..............................................................
Beneficially       6.    Shared Voting Power                0
Owned by Each     ..............................................................
Reporting          7.    Sole Dispositive Power             0
Person With       ..............................................................
                   8.    Shared Dispositive Power           0
.................................................................................
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

     0
.................................................................................
10.  Check  if  the  Aggregate  Amount  in  Row (9) Excludes Certain Shares (See
     Instructions)

     [ ]
.................................................................................
11.  Percent of Class Represented by Amount in Row (9)

     0.00% based on 19,177,348 shares outstanding.
.................................................................................
12.  Type of Reporting Person:

     IN, HC



                                                              Page 7 of 12 Pages


Item 1(a).        Name of Issuer:

                  Genesco, Inc. (the "Issuer").

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  Genesco Park, 1415 Murfreesboro Road, Nashville, Tennessee
                  37217-2895

Item 2(a).        Name of Person Filing:

                  This Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):

                  i)    Anchorage  Capital  Master  Offshore,  Ltd.  ("Anchorage
                        Offshore");

                  ii)   Anchorage Advisors, L.L.C. ("Advisors");

                  iii)  Anchorage Advisors Management, L.L.C. ("Management");

                  iv)   Anthony L. Davis ("Mr. Davis"); and

                  v)    Kevin M. Ulrich ("Mr. Ulrich").

                  This statement  relates to Shares (as defined herein) held for
the  account  of  Anchorage  Offshore.  Advisors  is the  investment  advisor to
Anchorage  Offshore.  Management  is the sole managing  member of Advisors.  Mr.
Davis is the President of Advisors and a managing member of Management,  and Mr.
Ulrich is the Chief Executive  Officer of Advisors and the other managing member
of Management.

Item 2(b).        Address of Principal Business Office or, if None, Residence:

                  The address of the  principal  business  office of each of the
Reporting Persons is 610 Broadway, 6th Floor, New York, NY 10012.

Item 2(c).        Citizenship:

                  i)    Anchorage  Offshore is a Cayman Islands exempted company
                        incorporated with limited liability;

                  ii)   Advisors is a Delaware limited liability company;

                  iii)  Management is a Delaware limited liability company;

                  iv)   Mr. Davis is a citizen of the United  States of America;
                        and

                  v)    Mr. Ulrich is a citizen of Canada.



                                                              Page 8 of 12 Pages

Item 2(d).        Title of Class of Securities:

                  Common Stock, $1 par value per share (the "Shares")

Item 2(e).        CUSIP Number:

                  371532102

Item 3.           If This Statement is Filed Pursuant to  ss.ss.240.13d-1(b)  or
                  240.13d-2(b) or (c), Check Whether the Person Filing is a:

                  This Item 3 is not applicable.

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of the date hereof,  each of the  Reporting  Persons may be
deemed beneficial owner of 0 Shares.

Item 4(b)         Percent of Class:

                  The  number of Shares of which the  Reporting  Persons  may be
deemed to be the beneficial owner  constitutes 0.00% of 19,177,348  Shares,  the
total  number of Shares  outstanding  (based  upon  information  provided by the
Issuer in its most  recently-filed  quarterly  report on Form  10-Q,  there were
19,177,348 shares outstanding as of May 30, 2008).

Item 4(c)         Number of Shares of which such person has:

Anchorage Offshore:
- -------------------

(i) Sole power to vote or direct the vote:                                    0

(ii) Shared power to vote or direct the vote:                                 0

(iii) Sole power to dispose or direct the disposition of:                     0

(iv) Shared power to dispose or direct the disposition of:                    0

Advisors:
- ---------

(i) Sole power to vote or direct the vote:                                    0

(ii) Shared power to vote or direct the vote:                                 0

(iii) Sole power to dispose or direct the disposition of:                     0

(iv) Shared power to dispose or direct the disposition of:                    0

Management:
- -----------

(i) Sole power to vote or direct the vote:                                    0

(ii) Shared power to vote or direct the vote:                                 0

(iii) Sole power to dispose or direct the disposition of:                     0



                                                              Page 9 of 12 Pages

(iv) Shared p
ower to dispose or direct the disposition of:                    0


Mr. Davis:
- ----------

(i) Sole power to vote or direct the vote:                                    0

(ii) Shared power to vote or direct the vote:                                 0

(iii) Sole power to dispose or direct the disposition of:                     0

(iv) Shared power to dispose or direct the disposition of:                    0

Mr. Ulrich:
- -----------

(i) Sole power to vote or direct the vote:                                    0

(ii) Shared power to vote or direct the vote:                                 0

(iii) Sole power to dispose or direct the disposition of:                     0

(iv) Shared power to dispose or direct the disposition of:                    0


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
                  equity securities, check the following [X].

Item 6.           Ownership  of More than  Five  Percent  on  Behalf of  Another
                  Person:

                  This Item 6 is not applicable.

Item 7.           Identification  and  Classification  of the  Subsidiary  Which
                  Acquired the Security  Being Reported on By the Parent Holding
                  Company:

                  This Item 7 is not applicable

Item 8.           Identification and Classification of Members of the Group:

                  See disclosure in Item 2 hereof.

Item 9.           Notice of Dissolution of Group:

                  This Item 9 is not applicable.

Item 10.          Certification:

                  By signing below each of the Reporting Persons certifies that,
to the best of their 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.



                                                             Page 10 of 12 Pages

                                    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.

                                   ANCHORAGE CAPITAL MASTER OFFSHORE LTD.
Date: August 19, 2008
                                   By:      /s/ Kevin M. Ulrich
                                            -----------------------------
                                   Name:    Kevin M. Ulrich
                                   Title:   Director

Date: August 19, 2008              ANCHORAGE ADVISORS, L.L.C.

                                   By:   Anchorage Advisors Management,
                                         L.L.C., its Managing Member

                                         By:      /s/ Anthony L. Davis
                                                  -----------------------
                                         Name:    Anthony L. Davis
                                         Title:   Managing Member

Date: August 19, 2008              ANCHORAGE ADVISORS MANAGEMENT, L.L.C.

                                   By:      /s/ Anthony L. Davis
                                            -----------------------------
                                   Name:    Anthony L. Davis
                                   Title:   Managing Member

Date: August 19, 2008              ANTHONY L. DAVIS

                                   /s/ Anthony L Davis
                                   --------------------------------------

Date: August 19, 2008              KEVIN M. ULRICH

                                   /s/ Kevin M. Ulrich
                                   --------------------------------------







                                                             Page 11 of 12 Pages

                                  EXHIBIT INDEX


Ex.                                                                    Page No.
- ---                                                                    --------

A     Joint Filing Agreement, dated August 19, 2008 by and among
      Reporting Persons............................................       12



                                                             Page 12 of 12 Pages

                                    EXHIBIT A

                             JOINT FILING AGREEMENT

         The undersigned hereby agree that the statement on Schedule 13G with
respect to the Common Stock of Genesco, Inc. dated as of August 19, 2008 is, and
any amendments thereto (including amendments on Schedule 13D) signed by each of
the undersigned shall be, filed on behalf of each of us pursuant to and in
accordance with the provisions of Rule 13d-1(k) under the Securities Exchange
Act of 1934, as amended.

                                   ANCHORAGE CAPITAL MASTER OFFSHORE LTD.
Date: August 19, 2008
                                   By:      /s/ Kevin M. Ulrich
                                            -----------------------------
                                   Name:    Kevin M. Ulrich
                                   Title:   Director

Date: August 19, 2008              ANCHORAGE ADVISORS, L.L.C.

                                   By:   Anchorage Advisors Management,
                                         L.L.C., its Managing Member

                                         By:      /s/ Anthony L. Davis
                                                  -----------------------
                                         Name:    Anthony L. Davis
                                         Title:   Managing Member

Date: August 19, 2008              ANCHORAGE ADVISORS MANAGEMENT, L.L.C.

                                   By:      /s/ Anthony L. Davis
                                            -----------------------------
                                   Name:    Anthony L. Davis
                                   Title:   Managing Member

Date: August 19, 2008              ANTHONY L. DAVIS

                                   /s/ Anthony L Davis
                                   --------------------------------------

Date: August 19, 2008              KEVIN M. ULRICH

                                   /s/ Kevin M. Ulrich
                                   --------------------------------------