DealBook – The hedge fund billionaire Louis M. Bacon has filed a lawsuit against the Canadian clothing magnate Peter Nygard, claiming a long history of character assassination and numerous environmental misdeeds related to Mr. Nygard’s large property in the Bahamas.
The suit, filed jointly with an environmental organization based in the Bahamas, is the latest volley in a bitter spat between the two billionaires who have adjoining mansions in the exclusive enclave of Lyford Cay in the Bahamas and who have battled each other for years over Mr. Nygard’s building ambitions.
