By Candus Thomson, The Baltimore Sun
7:29 PM EDT, May 21, 2012
The owner of an Anne Arundel County trucking company put out of business late last year by federal safety officials has filed for bankruptcy protection again, listing more than $3.3 million in debt.
Mark David Gunther Sr., owner of Harmans-based Gunthers Transport LLC, filed under Chapter 11 in U.S. Bankruptcy Court in Baltimore on May 15.
The Federal Motor Carrier Safety Administration called Gunthers Transport an "imminent hazard" to the public when it ordered the company's trucks off the road on Nov. 16. When the company tried to reconstitute itself weeks later as Clock Transport LLC, it, too, was ordered closed.
Neither order has been lifted.
Gunther lists 20 creditors. He owes $1.2 million to the Internal Revenue Service, $702,776 to 1st Mariner Bank and $531,368 to Bank of America, according to court documents.
He lists assets of $3.62 million, most of them tied up in three commercial properties in Harmans, near Baltimore-Washington International Thurgood Marshall Airport, and his home, in a gated Pasadena community, valued at $1.75 million.
Court documents show Gunther has monthly income of $34,890 and expenses totaling $29,588.
Gunther served 30 months in federal prison in the 1990s for altering log books and company records to hide the fact that his drivers were exceeding federal limits and then lying about his actions to investigators.
Court and federal records show that this is the fourth time in 15 years that Gunther and his companies have sought bankruptcy protection or been liquidated or reconstituted.
In 1997, Gunthers Leasing Transport filed for bankruptcy after a civil jury awarded $16 million to eight plaintiffs after a massive crash on the Capital Beltway that killed one man and left another severely brain damaged. In 2000, G.T. USA LLC was created to replace Gunthers Leasing. In 2004, Gunther filed for bankruptcy; the case was dismissed in 2008.
A creditors meeting has been set for June 13 at the federal courthouse in Baltimore.
Copyright © 2013, The Baltimore Sun