The 60-year-old family-owned company now is set to emerge from bankruptcy with its leadership intact. Related Links: How Ahern Rentals Landed in Bankruptcy Vegas' CityCenter Eyes Rocky Finish After 18 months in bankruptcy over $620 million in debt, Don F. Ahern is breathing a heavy sigh of relief. Ahern, who is president of the country's largest private construction-equipment rental company, received approval on June 5 for a Chapter 11 bankruptcy exit plan in federal court in Reno, Nev. As part of the deal, Ahern will remain at the helm of 60-year-old Ahern Rentals Inc.The Las Vegas-based
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.