EX-25.1 35 dex251.htm FORM T-1 Form T-1

EXHIBIT 25.1

 


 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 


 

FORM T-1

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

 


 

¨ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO

SECTION 305(b) (2)

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

A National Banking Association         94-1347393
(Jurisdiction of incorporation or organization if not a U.S. national bank)        

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

        57104
(Address of principal executive offices)        

(Zip code)

 

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 


 

INSURANCE AUTO AUCTIONS, INC.1

(Exact name of obligor as specified in its charter)

 

Illinois         95-3790111

(State or other jurisdiction of

incorporation or organization)

       

(I.R.S. Employer

Identification No.)

Two Westbrook Corporate Center

Suite 500

Westchester, IL

        60154
(Address of principal executive offices)         (Zip code)

 


 

11.00% Senior Notes due 2013

(Title of the indenture securities)

 


1 See Table 1 – List of additional obligors


Table 1 – List of Additional Obligors

 

Address of each of the additional obligors listed below is c/o Insurance Auto Auctions, Inc., Two Westbrook Corporate Center, Suite 500, Westchester, Illinios 60154.

 

Name of

Additional Registrant


  

State or

Other

Jurisdiction of

Incorporation

or Formation


  

Primary

Standard

Industrial

Classification

Code Number


  

I.R.S.

Employer

Identification

Number


Insurance Auto Auctions Corp.

   Delaware    5010    95-4455113

IAAI Services Inc.

   Illinois    7549    36-4294285

IAAI Acquisition Corp.

   Delaware    5010    36-4351076


Item 1. General Information. Furnish the following information as to the trustee:

 

(a)

   Name and address of each examining or supervising authority to which it is subject.
     Comptroller of the Currency
     Treasury Department
     Washington, D.C.
     Federal Deposit Insurance Corporation
     Washington, D.C.
     Federal Reserve Bank of San Francisco
     San Francisco, California 94120

(b)

   Whether it is authorized to exercise corporate trust powers.
     The trustee is authorized to exercise corporate trust powers.

 

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

 

None with respect to the trustee.

 

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

 

Item 15. Foreign Trustee. Not applicable.

 

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
Exhibit 3.    See Exhibit 2
Exhibit 4.    Copy of By-laws of the trustee as now in effect.***
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
Exhibit 7.    A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.***
Exhibit 8.    Not applicable.
Exhibit 9.    Not applicable.

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.


** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of Penn National Gaming Inc file number 333-125274.


SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis and State of Minnesota on the 5th day of August 2005.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Jeffery T. Rose


Jeffery T. Rose

Vice President


EXHIBIT 6

 

August 5, 2005

 

Securities and Exchange Commission

Washington, D.C. 20549

 

Gentlemen:

 

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ Jeffery T. Rose


Jeffery T. Rose

Vice President