Billionaire Bacon Can’t Sue Nygard in N.Y. Over Bahamas Feud
- Louis Bacon has battled Peter Nygard for more than a decade
- New York judge says claims should be heard in the Bahamas
This article is for subscribers only.
Billionaire fund manager Louis Bacon lost another battle in his decade-long feud with Canadian clothing magnate Peter Nygard over their neighboring properties in the Bahamas as a New York judge threw out Bacon’s defamation lawsuit claiming he was forced to flee the island nation.
After an appeals court last month upheld the dismissal of claims over most of 135 statements Bacon said were part of Nygard’s harassment campaign, state court Justice Cynthia Kern on Wednesday threw out the rest, saying the case should be heard in the Bahamas because the dispute arose from their relationship as neighbors.