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Louis Bacon

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U.S. judge tells Bacon to pursue case in the Bahamas

A NEW York judge ruled yesterday that billionaire hedge fund manager Louis Bacon ought to pursue his $100m defamation case against his Lyford Cay neighbour in The Bahamas rather than in US court.

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LOUIS BACON: ‘Why my noxious neighbour Nygard is to blame for this scandal’

Louis Bacon rejects accusations that Save The Bays is plotting to unseat the government, welcomes a ban on foreign electoral campaign funding and is shocked by Peter Nygard’s disrespect of the Prime Minister and a senior minister’s use of unauthorised access to private financial information.

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HURRICANE JOAQUIN UPDATES

The US Coast Guard broke the news to grieving family members on Wednesday afternoon that it was abandoning the search for the 33 mariners aboard a US container ship that sank in the Bahamas last week during Hurricane Joaquin.

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