Former Assets Of Bankrupt Allied Industries Up For Bid

Tiger Group and PPL Group conducting online sale for equipment formerly owned by environmental services company; bids close late August

Aug 06, 2014, 09:32 ET from Tiger Group

NORTH HOLLYWOOD, Calif., Aug. 6, 2014 /PRNewswire/ -- By order of the U.S. Bankruptcy Court, Tiger Group's Remarketing Services Division and PPL Group are auctioning excavators, loaders, tractors, service and pickup trucks, and other warehousing and office assets from the commercial contractor and environmental remediation company Allied Industries, Inc., which operated under the Allied Environmental Services name.

Bidding in the online-only sale of the company's equipment, which also includes towable generators, general contractors' tools, computers, and furnishings, will open August 19 at, and will close in rapid succession, live auction style, on August 26 at 10:30 a.m. (PT). The assets will be available for inspection at the company's corporate office and construction yard located at 11333 Vanowen St. in North Hollywood on August 25, from 9:00 a.m. to 4:00 p.m. (PT).

"Allied was not only an environmental remediation company, but a general contractor as well.  The equipment they use spans many construction applications and should be of interest to a wide range of contractors and do-it-yourselfers," said Jeff Tanenbaum, president of Tiger Remarketing Services.  

For a full description of all assets being auctioned and details on how to bid, visit:

Allied voluntarily filed for Chapter 11 Bankruptcy Protection in March 2013 in California Central Bankruptcy Court (case number 1:13-bk-11948). It was converted to a Chapter 7 filing in May 2014.


SOURCE Tiger Group