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US court awards $203m in damages, legal fees to Louis Bacon in defamation case against Peter Nygard
A NEW York court has awarded over $203m in damages and legal fees to billionaire hedge fund founder Louis Bacon in a defamation case against his former Lyford Cay neighbour, Peter Nygard, according to US reports.
EDITORIAL: Court ruling shows up process flaws
THE government has won the right to demolish a grand total of two shanty town homes. Two. Not two hundred. Not two thousand. Just two.
SHANTY WIN - BUT FOR JUST TWO HOMES: OAG sought demolition for more than 260 shanty sites in Nassau and Abaco
CHIEF Justice Ian Winder ordered the demolition of shanty town structures belonging to just two people in The Bahamas yesterday, far fewer than the government had sought.
AML loses receiver bid over attorney's assets
An attorney and grandson of Sir Milo Butler has successfully fought-off a BISX-listed retail group's bid to appoint a receiver over his 25 percent interest in the family's trust.
Why we need Freedom of the Press
ON December 17, 1986, journalist Guillermo Cano Isaza was assassinated in front of the offices of his newspaper, El Espectador, in my home country of Colombia. He was targeted because of the news stories he was pursuing as a journalist.
Bahamas ‘closer to inflation peak’
The Central Bank’s governor yesterday predicted that The Bahamas is now “closer to the peak, if we have not yet seen it”, of inflationary pressures that have driven the post-COVID cost of living crisis.
NIB ordered: Pay ex-chief seven years of pensions
The National Insurance Board (NIB) has been ordered to pay a former director almost seven years’ worth of pension benefts after losing a legal battle over her due retirement entitlement.
Lawyers for Nygard seek to avoid US extradition
PETER Nygard’s lawyers expressed concerns for his health and safety while urging appellate judges in Canada to quash an order to extradite the former fashion mogul to the United States to face sex trafficking and racketeering charges.
Tennis ace Kevin Major Jr falls in Battle of Boca final
KEVIN Major Jr, playing in his last tourney of the month in a series of “Battle of Boca” tournaments held every weekend, fell short in the final yesterday in Boca Raton, Florida.
BTC makes its presence felt on Exuma at National Family Island Regatta
BTC officially kicked off its support of the National Family Island Regatta with a $10,000 sponsorship of Exuma’s 67th regatta held April 18-22 in George Town.
INSIGHT – A JOURNALIST’S VIEW OF INDIA: Emerging technological powerhouse struggles with pollution and poverty
FROM its rich history to its colourful heritage and diverse culture, India has a lot to offer. It was a fact that I became increasingly aware of each day during my visit to the country last month.
THE KDK REPORT: Overcoming the obstacles of sickness and injuries
ALONG the double-stranded DNA helix, and coiled chain of anti-parallel genetic code, lies the biological information necessary for the survival of our species.
Downtown ‘catalyst’ beats goal by $11m
The Nassau Cruise Port’s overhaul is “already serving as a catalyst” for fresh investment in downtown, its top executive has asserted, after its recent bond refinancing was oversubscribed by almost $11m to hit $145m.
Baha Mar teases Melia plan as volumes up 20%
Baha Mar’s president yesterday hailed an “extraordinary first quarter” and “record March”, with 2023 business volumes up 20 percent year-over-year, as he revealed plans to redevelop the still-closed Melia resort will be unveiled imminently.
Nassau/PI hotels see 35% ‘business on books’ jump
Nassau/Paradise Island hotels are eyeing a 35 percent year-over-year increase in “business on the books” for 2023, it was disclosed yesterday, with “loaded” airline seats through June also up on 2022.
Bahamas in top ten for death penalty
The recent slayings of two men on bail in New Providence passes the smell test of retaliatory killings which have become all too common in the capital.
Cleveland Eneas primary takes lead into the final day
DAY two of New Providence Public Primary Schools Sports Association (NPPPSSA) saw more primary schools cement their positions in the total team rankings going into the final day of the meet.
STATESIDE: Recent firings at major news outlets do little to change the media’s landscape
AMERICA’S highly politicised, highly polarised cable TV networks regained centre stage once again this week, as both Fox and CNN fired popular stalwarts in the wake of accumulated indiscretions. It wasn’t surprising. A bit disappointing, maybe. But not too surprising.
Coastline awareness campaign launched by Tourism at GB school
A CAMPAIGN to keep coastlines clean has been reintroduced on Grand Bahama by the Ministry of Tourism, Investment and Aviation (MOTIA).
US visa concern
Here is a matter of great concern, I am one of the Bahamians who falls in the category of Bahamians who need a US Visa B1/B2 to visit the States, but felt I was wrongly treated in my reapplying for the visa, following numerous submitted applications through a JP Visa prepared my visa wasn't approved, but each time was told I may re-apply at a later date and I always waited over the suggested waiting time six months before re-applying.
