Paul Jr. Leaves Orange County Choppers
Following regular disagreements with his father, Paul Jr. was fired from the shop in late 2008. In January 2009, TLC served a notice of default due to Paul Jr.'s absence. Paul Jr. then returned to OCC briefly as a contractor, but left finally in April 2009 in order to start his own design firm, Paul Jr. Designs. Paul Sr. then exercised a contractual option to purchase Paul Jr.'s 20% share in OCC, and subsequently filed a lawsuit to force the buyout. The case remained ongoing while a valuation of OCC was performed.
On December 14, 2010, Paul Jr. won his appeal of a lower court ruling forcing him to sell his 20% ownership of OCC to Paul Sr. Paul Jr.'s appeal asked that the agreement to sell be ruled invalid, so Jr. will continue to own 20% of OCC until a fair selling price is agreed to. Jr. has also filed a counter-suit laying out massive fraud on Sr.'s part in dealing with Jr.'s interests at OCC. The suit seeks $100,000,000 in damages along with court-ordered controls over the company's finances to prevent further fraud.
After a one year non-compete clause ended, Paul Jr. opened a motorcycle design company in April 2010. TLC then commissioned a 7th season titled American Chopper: Senior vs. Junior which features both OCC and Paul Jr. Designs.
Read more about this topic: American Chopper
Famous quotes containing the words paul, leaves, orange, county and/or choppers:
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“Till the sun grows cold,
And the stars are old,
And the leaves of the Judgment Book unfold.”
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“It would astonish if not amuse, the older citizens of your County who twelve years ago knew me a stranger, friendless, uneducated, penniless boy, working on a flat boat—at ten dollars per month to learn that I have been put down here as the candidate of pride, wealth, and aristocratic family distinction.”
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Shall constitute a state.”
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