Northwest Arkansas Business Journal - NWABusinessJournal.com

IRS Bills Former Continental Trucking Executives, Not Owners

At the end of October 2010, Ralph Bradbury received a bill from the Internal Revenue Service for more than $2.8 million in unpaid employment taxes tied to the defunct trucking company of which he had been president, Continental Express Inc. of Little Rock. A few days later, a similar bill arrived at the home of Pete Campbell, who had been Continental's executive vice president. But Campbell had died on Oct. 28, so his widow received the bill on the day of her 55-year-old husband's funeral. Even though his tax bill has since been reduced to $800,000, Bradbury insists it's not his bill to pay. Documents obtained by Arkansas Business indicate he is gearing up for a fight with Continental's former owners, Ed and Bonnie Harvey, following in the footsteps of two banks that alleged the Harveys... [ MORE ]