A Drug-Fueled Car Auction

It’s safe to say that SCM has never before reported on an Apple Auctioneering Company sale — until now.

Apple Auctioneering Company is an affiliate of Apple Towing Company, Houston’s largest towing company, and it bills itself as the “nation’s leader in seized asset management & government liquidation.”

Apple seemed to hit the jackpot on July 7, when it completed the sale of 10 high-end vehicles that had been seized from convicted drug kingpin Alvaro Lopez Tardon. Top sales were Read More

John Draneas

John Draneas - SCM Columnist

John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.

Posted in Legal Files