The company that shot to fame with their reality TV series and custom chopper bikes has hit a rough patch. Hudson Valley Merchandising, which is the name Orange County Choppers uses for their merchandise division, filed for bankruptcy last week in Poughkeepsie, NY. This comes after last year when the bank, GE Commercial Fiance, took over the gorgeous, all glass building the company calls home in upstate, NY. OCC holding, the parent company, which includes the building of the bikes, is not part of the bankruptcy, however it may just be a matter of time with the way things are going. They were a local brand that became hugely successful and popular so I am definitely pulling for these guys to make it through.
Guess Who Filed For Bankruptcy?!
On Friday, Casey Anthony filed for Bankruptcy in a Middle District of Florida Bankruptcy Court. Anthony filed on the same day that it was announced that two of her convictions were thrown out of court. In the summer of 2011, Anthony was somehow found not guilty for the murder of her young daughter, Caylee. She currently owes over 100 people for legal fees and claims against her and that’s why she filed for Chapter 7. Read more below.
(Video) NBA: Antoine Walker Says Evelyn Lozada is One of the Reasons He Went Broke
Antoine Walker was once the sixth overall pick in the NBA draft, made over $130 million on and off the field and now he’s broke. Unfortunately this isn’t uncommon for many athletes especially those who came into the league at a young age. To the average person it’s difficult to understand just how you could blow through so much money so fast. In an interview with Sleep Talkers Walker breaks down exactly what happened. He blames it on real estate investments and the now infamous woman that was on his arm, Evelyn Lozada. Check it out after the jump. Shay Marie
Twinkies May Be Safe After All!
Hostess’ going out of business, and knocking Twinkies off the shelf have sent people over the top. I mean people are spending thousands of dollars on a couple boxes of Twinkies. There maybe hope yet, my cream-filled cake lovers. Bimbo, the company who bought out Sara Lee for $959 million, is talking about buying out Hostess’. Other companies are looking into this investment, but I think Bimbo has got this one in the bag. I mean $959MiL. That’s a whole heap a money. Hostess’ bankruptcy has to deal with the high sugar prices in the U.S. A company like Bimbo, who buys sugar for a cheaper price, from Mexico can help with this problem. I hope so, because I need my wonder bread. Did you know that was on the list of products made by Hostess’ as well? Drop down bottom for more. JaaiR (JR)
‘CSI’ Star Filing For Bankruptcy!
According to TMZ Gary Dourdan, who starred on “CSI: Crime Scene Investigation,” filed for bankruptcy on Monday. Rumor has it that Dourdan has $1.8 million in assets, but owes $1.73 million and a big amount, $1,689,704 is owed to a number of banks, one of which holds his mortgage…. For the rest of the story click below. Mickey
