jeudi 9 avril 2015

Fashion mogul says he lived in 'peaceful harmony' in the Bahamas until billionaire Louis Bacon became his neighbor

Canadian fashion magnate Peter Nygard claims he lived in "peaceful harmony" in the Bahamas for years until hedge fund billionaire Louis Bacon became his neighbor, according to court papers.



On Wednesday, Nygard filed a countersuit against Bacon where he attempts to link the hedge fund manager and his late property manager, Dan Tuckfield, to the November 2009 fire that caused "millions of dollars in damage" to his Mayan-themed property.



Nygard and Bacon have been famously feuding for years. Their battle is heating up again.



The two tycoons own adjacent mansions on the exclusive Lyford Cay in the Bahamas.



Nygard is the founder of Nygard International, which specializes in designing and manufacturing women's fashion. He owns a 150,000-square-foot Mayan-themed mansion. Bacon is the founder and CEO of Moore Capital Management–a New York headquartered macro hedge fund.



In January, Bacon filed a $50 million defamation suit in New York against Nygard claiming that Nygard has been on an




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Fashion mogul says he lived in 'peaceful harmony' in the Bahamas until billionaire Louis Bacon became his neighbor

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