SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c)
AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
ANDERSEN GROUP, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
033501107
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(CUSIP Number)
Rachel Belash
46 Comina Costadino
Santa Fe, New Mexico 87508
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- with copies to -
Michael G. Tannenbaum, Esq.
Tannenbaum Helpern Syracuse & Hirschtritt
900 Third Avenue - 13th Floor
New York, New York 10022
(212) 508-6700
October 12, 2001
(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 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.
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CUSIP No. 033501107 13G Page 2 of 6 Pages
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1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(entities only)
Rachel Belash
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
3. SEC Use Only
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4. Citizenship or Place of Organization: USA
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Number of Shares 5. Sole Voting Power 133,220 Shares
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Beneficially
Owned by 6. Shared Voting Power 0
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Each
Reporting 7. Sole Dispositive Power 133,220 Shares
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Person
With 8. Shared Dispositive Power 0
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9.Aggregate Amount Beneficially Owned by Each Reporting Person 133,220 Shares
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10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
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11.Percent of Class Represented by Amount in Row 9 6.36% of total outstanding
shares
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12.Type of Reporting Person (See Instructions) IN
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CUSIP No. 033501107 13G Page 3 of 6 Pages
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ITEM 1(a) NAME OF ISSUER:
Andersen Group, Inc. (the "Issuer")
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
515 Madison Avenue
New York, New York 10022
ITEM 2(a) NAME OF PERSON FILING:
Rachel Belash
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the reporting person is:
46 Comina Costadino
Santa Fe, New Mexico 87508
ITEM 2(c) CITIZENSHIP:
USA
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e) CUSIP NUMBER:
033501107
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(b), OR 13D-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
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CUSIP No. 033501107 13G Page 4 of 6 Pages
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a. [ ] Broker or dealer registered under Section 15 of the Act,
b. [ ] Bank as defined in Section 3(a)(6) of the Act,
c. [ ] Insurance Company as defined in Section 3(a)(19) of the Act,
d. [ ] Investment Company registered under Section 8 of the Investment
Company Act,
e. [ ] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E),
f. [ ] Employee Benefit Plan, or Endowment Fund in accordance with Rule
13d - 1(b)(1)(ii)(F),
g. [ ] Parent Holding Company or Control Person, in accordance with Rule
13d - 1(b)(ii)(G); (Note: see Item 7)
h. [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
i. [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940;
j. [ ] Group, in accordance with Rule 13d - 1(b)(1)(ii)(J).
ITEM 4 OWNERSHIP:
(a-b) AMOUNT BENEFICIALLY OWNED AND PERCENTAGE OF CLASS: Rachel Belash
may be deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of
1934, as amended, to be the beneficial owner of (i) 63,325 shares held by her
individually and (ii) 69,895 shares held by her as the Executrix of the Estate
of Alexis L. Belash (representing approximately 3.02% and 3.33% of the
outstanding shares of the Issuer, respectively, and collectively 6.36% of the
outstanding shares of the Issuer, based upon 2,093,661 shares outstanding as of
January 4, 2002, as reported on the latest Quarterly Report on Form 10-Q of the
Issuer). Ms. Belash disclaims any economic interest or beneficial ownership of
the shares covered by this Statement held by her as Executrix of the Estate of
Alexis L. Belash.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE:
133,220 Shares
(ii) SHARED POWER TO VOTE OR DIRECT THE VOTE:
0
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF:
133,220 Shares
(iv) SHARED POWER TO DISPOSE OR DIRECT THE DISPOSITION OF:
0
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CUSIP No. 033501107 13G Page 5 of 6 Pages
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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 PERSON:
Not applicable.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not applicable
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not applicable
ITEM 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable
ITEM 10 CERTIFICATION:
By signing below I certify that, to the best of my 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.
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CUSIP No. 033501107 13G Page 6 of 6 Pages
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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.
April 9, 2002
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DATE
/s/ Rachel Phillips Belash
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SIGNATURE
Rachel Phillips Belash
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NAME/TITLE