That’s how I would described American Chopper, the reality television show based on the Teutul family business, Orange County Chopper custom-built motorcycles.
Unless you live in a cave you’ve been unable to avoid hearing about Paul Sr. and Paul Jr. revving up their litigators and fighting it out in the courtroom — a shareholder dispute or family feud? If you’ve missed it I’ve previously blog about this father/son feud HERE and HERE.
At this point I suspect that Paul Jr. is doing a victory break dance after the decision by the appeals court reversed a lower court’s ruling that would have forced him to sell his 20% interest in Orange County Choppers to his father, at a price to be determined by the court. Teutul v. Teutul, 2010 NY Slip Op 09248 (2d Dept Dec. 14, 2010).
You may recall that the lower court’s April 2010 ruling enforced Senior’s exercise of a buyout option contained in a January 2009 letter agreement that had temporarily patched up the father-son business relationship, and avoided cancellation of their television deal with Discovery Channel, following Senior’s on-air firing of Junior. The court enforced the option notwithstanding that the buyout price was expressed in terms of “fair market value as determined by a procedure to be agreed to by the parties as soon as practicable. The solution to the parties’ inability to agree on valuation procedure, the court concluded, was for the court itself to step in and determine the fair market value of Junior’s shares.
Only a legal student would find the previous two years of this business divorce interesting. I did find it curious that according to Discovery Channel the Jan. 3rd premiere show garnered 2M+ viewers and was the number #1 cable program (excluding sports and movies) during prime time among the male 18-54 demographic.
The next new episode of Senior vs. Junior is Jan. 17th where Paul Sr. will unveil the newest completed chopper built for the 35th Anniversary of the Hair Club. Most notable is the brushed metal skull-themed paint which illustrates Hair Club’s signature “magic” where one skull is bald and the other has a full head of hair, flowing like flames. In addition there is a promotional opportunity that I wanted to make you aware of where you can win the Hair Club motorcycle by entering their contest HERE.
Thanks to Sam Mazzarelli of Marlo Marketing and Communications for the email with this information and corresponding photos. The Hair Club motorcycle will be unveiled for what is expected to be a large crowd at Washington State University (Pullman, WA) on January 17th.
Photos courtesy of American Chopper, OCC and Marlo Marketing.