The long-running legal fight between Robert Edward Auctions and Peter Nash has resulted in contempt charges against the former rap star. A Manhattan Supreme Court Justice is giving Nash and his wife two months to produce tax returns and other financial documents or face arrest.
A court issued a $760,000 judgment in favor of REA in 2008 and attorneys for the auction house have been in court attempting to collect the remainder of what was a $1 million loan the auction house provided to the man who was once a client.
The New York Daily News has the latest developments.
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