Assets of Persian Rug Dealer in Auction

Los Angeles, CA, Oct. 17, 2013 -- The assets of bankrupt Persian rug dealer Hadidi Rugs are being auctioned off.

Included in the auction are more than 270 high quality, handmade Persian and Oriental rugs with tribal, geometric, traditional, medallion, and modern designs, as well as office furniture and equipment.
Bidding is now underway on the former assets of the company at and will close in rapid succession, live auction style, on Oct. 29 at 10:30 a.m. (PT).
All told, the inventory includes over 250 authentic Persian Rugs from Tabriz, Isfahan, Naeen, Bidjar, Kerman, Kashan and other locales made of high quality wool, pure silk, as well as silk and wool blends. Rounding out the selection are high-quality new and antique handmade rugs and tapestries from India, China and Pakistan.  The offering features a variety of sizes, from runners and small area rugs to over-sized rugs in all shapes, including round and square pieces.
Hadidi Rugs filed for Chapter 7 Bankruptcy Protection in December.