Bacon Furious With Attorneys

Hedge fund billionaire Louis Bacon can't make sense of the way how a court matter turned out in the magistrate's court in the Bahamas last week.  He cannot fathom how his attorney made a clear escape from prosecution, while a huge loophole exists that now leaves him as a fugitive, according to the attorneys who filed the criminal prosecution.

Louis Bacon

Attorneys Keod Smith and Alfred Sears has expected Bacon to come to court in light of the summons against him.  He was to be served along with his attorney, Pericles Maillis, Lyford Cay Properties Managing Director Mary Braithwaite, disgraced former police officer Bradley Pratt, private investigator Jerry Forrester, and executives of the Canadian Broadcasting Corporation for allegedly conspiring together to spread lies about Peter Nygard.  

The Attorney General's office stepped in and asked Magistrate Janine Weech-Gomez to accept their nolle prosequi, which essentially stopped the case.  It was a rare move that left critics wondering why the Attorney General John Delaney would take such a drastic step to protect an investor.  But AG Delaney made a big mistake when he signed the order drafted by his office, because the order left out the name of the main defendant, Louis Bacon.  

Maillis at court

With Maillis also listed as a defendant, reports are that Bacon is raging mad that Maillis, who was present for the hearing, did not ensure that his name was also included in the nolle prosequi.  The error of the AG office will be the advantage of the Nygard legal team, according to attorneys Smith and Sears.  Smith said Monday that he has knowledge that Bacon is in the Bahamas and is sticking close to his FNM buddies with the General Elections just days away.  For this reason, Smith claims that FNM leaders are essentially harboring a fugitive by helping him evade a "legitimate court process".

Bacon is being called upon to defend himself against accusations that he is the mastermind behind the erroneous documentary aired on the Canadian Broadcasting Corporation, that painted Mr. Nygard as a tyrant and one who attempt to evade laws in the Bahamas such as immigration restrictions.  The documentary, called "Larger Than Life"aired in Canada and was seen throughout the world.  

Nygard's attorneys have proof that compelled them to seek justice through the courts.  They have witnesses who are willing to testify that the information they gave the CBC came about because officer Pratt and Mr. Forrester paid them thousands of dollars to defame Mr. Nygard.  

In the Canada Courts, Nygard has won round one of the defamation and libel suit against the CBC.  His attorneys in the north will be looking at the Lennan case, in which the CBC aired a false documentary on two doctors.  The doctors won a suit of over a million dollars in damages.