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Court orders assets of Explo Systems sold at auction this Saturd - KTBS.com - Shreveport, LA News, Weather and Sports

Court orders assets of Explo Systems sold at auction this Saturday

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On Wednesday, U. S. Bankruptcy Court Judge Stephen Callaway issued a court order for movable assets of Explo Systems to be sold at a public auction this Saturday, which will be held in conjunction with a United States Marshal Service Drug Seizure Auction, the Caddo Parish Commission Surplus Auction, and an auction that includes the assets of a local construction company that filed bankruptcy.

Today, acting on orders of the Court, Lawler Auction Company and its subcontractors converged on Camp Minden to remove assets that were deemed safe for public sale by the State Military Department, the Louisiand Department of Environmental Quality, and the Federal Environmental Protection Agency.  The assets include material handling equipment, fork lifts, tractors, several vehicles, trailers, and other assets that were used by Explo Systems.  There will be several items left at Camp Minden where the buyer will be responsible for picking those items up after the auction on Saturday, including a double wide office.

 The assets are currently being off-loaded at the Lawler Auction Facility where they will be photographed, cataloged and listed on www.lawlerauction.com as they arrive.  The transport operation to the auction facility will continue through tomorrow.

 

Those interested in viewing the items can access www.lawlerauction.com where you can view photos, descriptions, and place internet absentee bids prior to the auction.  The live auction at the Lawler Auction Facility starts at 10AM on Saturday (Dec. 7).

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