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SCHEDULE 13D
(Amendment No. 5)
Under the Securities Exchange Act of 1934
International Alliance Services, Inc.
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(Name of Issuer)
Common Stock, $0.01 Par Value
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(Title of Class of Securities)
458875 10 1
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(CUSIP Number)
Michael A. Ellis, Esq.
Kahn, Kleinman, Yanowitz & Arnson Co., L.P.A.
2600 Tower at Erieview
1301 E. Ninth Street
Cleveland, Ohio 44114
(216) 696-3311
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE Notices and Communications)
November 30, 1997
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 3 Pages
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<TABLE>
<CAPTION>
SCHEDULE 13D
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CUSIP No. 458875 10 1 Page 2 of 3 Pages
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<S> <C> <C>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ALLIANCE HOLDING CORPORATION
34-1577904
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
NOT APPLICABLE
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5 Check If Disclosure of Legal Proceedings
Is Required Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
OHIO
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------------------------------------
EACH
REPORTING 8 SHARED VOTING POWER
PERSON WITH
0
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9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0
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14 TYPE OF REPORTING PERSON*
CO
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</TABLE>
Page 2 of 3 Pages
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Alliance Holding Corporation, a Delaware Corporation (the "Reporting
Person") hereby makes the following statement pursuant to Section 13(d) of the
Securities Exchange Act of 1934 (the "Exchange Act") and the rules and
regulations promulgated thereunder. This Statement is an amendment to the
Schedule 13D dated October 18, 1996 filed jointly by the Reporting Person and
Joseph E. LoConti (the "Original Schedule 13D"), as amended on the following
four dates: January 31, 1997, April 3, 1997, April 21, 1997, and September 22,
1997.
ITEM 5. INTEREST IN SECURITIES OF ISSUER
The Voting Trust with Westbury (Bermuda) Ltd., which had previously
been reported, is no longer in effect.
SIGNATURES
After reasonable inquiry and to the best of my respective knowledge
and belief, I certify that the information set forth in this Statement is true,
correct and complete.
ALLIANCE HOLDING CORPORATION
Dated December 4, 1997 By: /s/ Joseph E. LoConti
__________________________________
Joseph E. LoConti
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