NY judge tosses billionaire Bacon's defamation case v Canada's Nygard
Yahoo News - 7 months
A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon's $100 million defamation lawsuit against Canadian fashion designer Peter Nygard, saying the case tied to their long-running feud over neighboring properties in the Bahamas belongs there. Bacon, the founder of Moore Capital Management LP in New York, had accused Nygard in the lawsuit of engineering a "malicious" smear campaign against him including street rallies, bogus YouTube videos, and attempts to falsely link him to arson, bribery, drug smuggling, the Ku Klux Klan and murder. Wednesday's decision may spell an end to the New York state court litigation.
Yahoo News article