Tashma v. Nucrown, Inc.

GARY M. GAERTNER, Presiding Judge.

Appellants, Nucrown, Inc. and Charles D. Matthews, (“Nucrown”), appeal the judgment and order of contempt issued on November 10, 1998, by the Circuit Court of St. Louis County, holding them in contempt for failing to provide Respondent, Austin Tashma, (“Tashma”), with audited financial statements for the period of June 1, 1991, through May 31, 1996. We reverse and remand in part and affirm in part.

This case originated pursuant to the sale of Tashma’s optometry practice to Nuc-rown in May of 1991. Both parties entered into an asset purchase agreement,…