A JUDGE deferred his decision to a later date as to whether Lyford Cay billionaire Peter Nygard should be held in contempt of court for allegedly disobeying the court’s orders pending the hearing of a civil matter involving Nygard and his billionaire neighbour, Louis Bacon.
Bacon is the owner of Point House Corporation, which is the applicant in the contempt matter that stems from a legal battle between the two involving a property right of way.
However, Justice Stephen Isaacs yesterday gave no indication as to when he would give a ruling on the matter when he heard submissions from Nygard’s lawyer Koed Smith, and Point House Corporation’s lawyer Robert Adams.
Point House Corporation (PHC) seeks to have Nygard committed to Her Majesty’s Prison for alleged contempt of court. They claimed that Nygard ignored the terms of an order given him by the court at a hearing on June 13, 2012.
The basis for PHC’s contempt application is that Nygard did not do as promised which was to immediately remove the words “To Nygard Cay” from the roadway, refrain from affixing any further signs of any kind on the roadway, and make no further alterations to the state of the roadway area pending the September 4 hearing and decision of the summons filed in the court by both Bacon and Nygard in June.
It is claimed that instead Mr Nygard on June 18, through his workers, altered the roadway area by removing several coral stones and destroying certain plants along the roadway that was owned by PHC for over five years.
It is further claimed that the following day, June 19, Nygard through his servants, altered the roadway area by adding another layer of asphalt to the area in front of the entrance gate to Nygard Cay.
Then, on July 14, Nygard reportedly, through his servants, cut away, removed and destroyed the gates owned by PHC and installed posts located on its property.
Two weeks later, on July 31, Mr Nygard, through his servants, reportedly caused several large stones to be placed on a section of the roadway that crosses over the land owned Mr Bacon.
All of these grounds, according to PHC’s application, were done in spite of the orders of the terms given to Mr Nygard in court on June 13.
Mr Nygard and Mr Bacon have been battling each other before the courts for the past six years, filing suits and counter suits.
Mr Bacon was in court yesterday while Mr Nygard was out of the jurisdiction, having notified the court of this.
The court indicated that it would notify counsel as to when the ruling would be handed down concerning the contempt application.