It looks like the logistics company Vouk Transportation Inc. of North Little Rock has hit another rough patch.
Bank of Little Rock filed to foreclose on Vouk’s headquarters because it allegedly defaulted on a $826,000 mortgage taken out in May 2015, according to the bank’s filings in Pulaski County Circuit Court.
The bank said Vouk, which has a legal name of 3BE Logistics LLC, hasn’t made timely installments on the note. And as of last month, $806,000 was owed on the loan secured by the 13,682-SF building, which was built in 2002.
Vouk’s president, Christopher Blakley, signed the document, making him “jointly and severally liable for all amounts due under the Note,” according to the complaint.
When we called Vouk for comment on Thursday, the phone just rang and rang.
The company’s website says it offers services that include expedited shipping, warehousing or auto-hauling.
“At Vouk Transportation, you are our first priority,” the website said.
“When you are at the top of our chain, you don’t worry about efficiency, cost or delivery — we do that for you, every time.”
Back in 2012, its former executive, Leander J. Muncy III, was sentenced to 24 months in federal prison and three years of probation after pleading guilty to one count of theft and embezzlement from Vouk’s employee pension benefit plan.
In addition to time behind bars, Muncy was ordered to pay $268,720 in restitution
Muncy held various positions at Vouk Transportation, including president and vice president, from September 2004 to August 2010, during which he was trustee of the company’s employee profit sharing plan.