Ahern Rentals secures extension

News Story
- 24 May 2012 ( #566 ) - Las Vegas, NV, United States
1 min read
Las Vegas-based independent construction equipment provider Ahern Rentals Inc continues to work through its bankruptcy issues and has received an extension for filing its reorganisation plan.

Family-owned Ahern voluntarily filed on 22 December under Chapter 11 of the US Bankruptcy Code. The company's board of directors, headed by president Don F Ahern, approved the Chapter 11 filing in a 16 December resolution.

In April, Ahern received approval of the federal bankruptcy court in Reno, Nevada to file its reorganisation plan in August.

As of 21 May, lawyers representing parties in the case have filed 740 documents including petitions for permission to practise, requests for motions, hearing schedules, appearance notices, certificates of service, orders regarding verified petitions and various other legal declarations.

As listed in the December filing, the top five unsecured creditors are fuel supplier P-Fleet Inc of San Diego, California, formerly Plavan Fleet, at USD460,727; parts maintenance firm North American Battery Systems Inc of Long Beach, California at USD209,848; equipment manufacturer JLG Industries Inc of McConnellsburg, Pennsylvania at USD169,606; fuel provider Rebel Oil Co of Las Vegas at USD128,672; and aerial work platform maker Skyjack Corp of St Charles, Illinois at USD123,661.

Ahern owed back wages and salaries to employees and was behind paying sales commissions and employee bonuses.

Separately, Ahern owns Xtreme Manufacturing LLC of Las Vegas, a maker of telescopic handler lifts.
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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

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Yale offers a full line of forklifts to help customers adapt to today's demanding supply chain.

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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

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