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.
Related Stories:
Baseball Card Lots Often Provide Big Bang for Buck
T206 Doyle Error to Be Auctioned
Dr. J Collection, Ali Trunks, Yankee Bats Among SCP Auction Headliners
Lundqvist Winter Classic Mask Auction Aids Children’s Charity
Judge Gives Frasers Ownership of 1912 World Series Trophy
Ali’s Thrilla in Manila Trunks Going on Auction Block
Derek Jeter Honored by Slugger Museum
Nash Pleads Guilty to Tax Fraud
Bottom Mobile
