Bankruptcy fraud Paul John, Paul Michael and his brother Daniel were named in a 2007 lawsuit alleging
fraudulent transfer, brought on behalf of
Turner Construction. This dates back to 2003 and a ruling in favor of Turner in 2005 concerning the original OC Iron Works company. It was alleged that assets were stripped from the OC Ironworks, transferring the viable assets, contracts and personnel to a new company OC Ironworks LLC, before
bankrupting the former. This involved transferring the ownership to Paul Jr. and allegedly selling the assets to the new company with unfair compensation.
Trustee Tom Genova filed fraud complaints in 2007 with the Bankruptcy Court and in complaint sought to have the transfers from the old company to the new company judged fraudulent and
set aside. He also sought to
make the new company liable for the old company's debts. A proposed settlement was reached with Orange County LLC paying out $500,000 to Genova to be distributed to the creditors.
Teutul v Teutul On February 16, 2011, the New York State Unified Court System's website, showed that the
Teutul v Teutul civil action was no longer active. The case had been "Disposed", meaning the case was out of the court system. On the August 29, 2011 episode, Teutul Jr. and Teutul Sr. settled the lawsuit with Teutul Sr.'s purchase of Teutul Jr.'s 20%
share in Orange County Choppers (OCC), thus ending the lawsuit. ==Personal life==