<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 18, 1996
----------------------------------
Date of Report (date of earliest event reported)
CST ENTERTAINMENT, INC.
-----------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 1-9495 13-2614435
- ----------------- ------- -------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
Incorporation) Number)
5901 Green Valley Circle
Suite 400
Culver City, California 90230
-----------------------------
(Address of principal executive offices)
(310) 417-3444
--------------
(Registrant's telephone number,
including area code)
<PAGE>
ITEM 5. Other Events.
On April 18, 1996, in Case No. SC 031 643 entitled BANK OF AMERICA
NATIONAL TRUST ETC. V. CST ENTERTAINMENT IMAGING, INC., ETC., ET AL., the
Superior Court of California, County of Los Angeles, entered a judgment in favor
of Bank of America National Trust and Savings Association ("Bank of America")
and against CST Entertainment, Inc. (the "Company") in the principal sum of
$437,421.50, plus interest at the rate of 7% per annum on $404,610.54 of such
principal sum from December 12, 1994 to March 8, 1996, plus additional interest,
at the rate of $77.60 per day, from March 9, 1996 to April 18, 1996. The
foregoing judgment was based upon Bank of America's allegations that the Company
had in its possession and control property belonging to Gerald Shefsky, the
Company's Chairman of the Board and former Chief Executive Officer, which
property is subject to execution in satisfaction of a prior judgment obtained by
Bank of America against Mr. Shefsky in the amount of $486,528.20.
2
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CST ENTERTAINMENT, INC.
By /s/ Jonathan D. Shapiro
----------------------------
Jonathan D. Shapiro, President
Dated: May 6, 1996
3
