TV star Paul Teutul Sr., founder of Orange County Choppers Holdings Inc., sought U.S. Bankruptcy Court protection for his merchandising unit with plans to liquidate its assets.
The family-run custom-built motorcycle company operated by Teutul and his son, Paul Jr., is based in Newburgh, New York. Its Hudson Valley Merchandising LLC listed $1.12 million in assets and $1.44 million in debts in papers filed yesterday in Poughkeepsie, New York. The parent company didn’t file.
