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Bacon's $50M Defamation Case Largely Time-Barred: Judge

By Daniel Langhorne ( July 31, 2015, 9:38 PM EDT) -- A New York judge tossed the majority of claims from billionaire Louis Bacon's $50 million defamation suit against his neighbor in the Bahamas, fashion executive Peter Nygard, holding in a ruling entered Friday that the claims were time-barred because they occurred more than a year before the suit was filed. . . .

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