Creditors, Feds Squeeze Pamplin

He faces allegations by the federal Department of Labor that he bilked his company’s pension fund out of tens of millions of dollars.

PROPERTY OF BOB: Cyclist departs the northern gateway of the Springwater Corridor, with the former Ross Island Sand & Gravel Co. Drymix Concrete Plant in background (Brian Burk)
By Nigel Jaquiss

A Multnomah County circuit judge entered a foreclosure judgment Dec. 6 against Ross Island Sand & Gravel and owner Robert B. Pamplin Jr. in a case involving unpaid bills for fencing around the former Ross Island headquarters at 4315 SE McLoughlin Blvd.

Rather than defending themselves in court, Pamplin and his company skipped the court proceedings.

The next step, according to court records and Craig Russillo, attorney for Pacific Fence & Wire Co., is for three of the headquarters property’s eight tax lots to be auctioned to satisfy debts of $153,000 to Pacific Fence and $419,000 to fuel supplier PetroCard, which previously won a judgment against Ross Island (both include attorney fees and interest at 18%).

Meanwhile, Pamplin is due in federal court for the first time Dec. 17 to face allegations by the federal Department of Labor that he bilked his company’s pension fund out of tens of millions of dollars by selling the fund unwanted and overvalued real estate owned by R.B. Pamplin Corp. (“Self-Made Man,” WW, Sept. 18).

Pamplin did not respond to a request for comment.

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