Joined Nov 2008
1K Posts | 0+
Interwebbernet
*
*
*
This article comes from AsphaltandRubber.com
*
*
*
Even with Paul Jr. and Mikey off of the show American Chopper, Paul Teutul Sr. has found a way to fight with his children, and further estrange himself from his family. Paul Sr. has filed a dispute with the Supreme Court of New York state (the State’s lowest court), which alleges that the elder Teutul has the right to purchase his son’s stock in Orange County Choppers Holdings, Inc., the company behind OCC.
Paul Sr. sent Paul Jr. a letter stating that he was exercising a stock option that would allow Paul Sr. to buy Paul Jr.’s position company at a pre-determined price. The stock options allegedly amount to over $500,000, while the law suit filed calls for an additional sum of $1 million in damages.
If you haven’t been following the new season of American Chopper at all, we’ll give you the 20 second synopsis so you can continue that trend. OCC is now devoid of Paul Jr., who has gone on to make his own industrial design firm, while Mikey has been in rehab for an alcohol problem.
Paul Sr. has admitted on camera to having no contact with any of his children, and remains in his fortress of solitude with newly found wife Beth Dillon. Paul Sr. has said in a number of awkward show candids that he’s happy about not having his sons there, much to the dismay of the remaining workers who still work at OCC.
Source: TMZ
Visit Asphalt & Rubber for more articles like this one
*
*
This article comes from AsphaltandRubber.com
*
*
*
Even with Paul Jr. and Mikey off of the show American Chopper, Paul Teutul Sr. has found a way to fight with his children, and further estrange himself from his family. Paul Sr. has filed a dispute with the Supreme Court of New York state (the State’s lowest court), which alleges that the elder Teutul has the right to purchase his son’s stock in Orange County Choppers Holdings, Inc., the company behind OCC.
Paul Sr. sent Paul Jr. a letter stating that he was exercising a stock option that would allow Paul Sr. to buy Paul Jr.’s position company at a pre-determined price. The stock options allegedly amount to over $500,000, while the law suit filed calls for an additional sum of $1 million in damages.
If you haven’t been following the new season of American Chopper at all, we’ll give you the 20 second synopsis so you can continue that trend. OCC is now devoid of Paul Jr., who has gone on to make his own industrial design firm, while Mikey has been in rehab for an alcohol problem.
Paul Sr. has admitted on camera to having no contact with any of his children, and remains in his fortress of solitude with newly found wife Beth Dillon. Paul Sr. has said in a number of awkward show candids that he’s happy about not having his sons there, much to the dismay of the remaining workers who still work at OCC.
Source: TMZ
Visit Asphalt & Rubber for more articles like this one
