Bahamian lawyers sue Peter Nygard for millions, seek injunction on sale of Nygard Cay property

Lawsuits claim Nygard has not paid their legal fees for a combined total of $14M

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Three Bahamian lawyers who represent Peter Nygard are suing the fashion mogul for more than $14 million in unpaid legal fees, lawsuits allege.

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Hey there, time traveller!
This article was published 02/06/2021 (1976 days ago), so information in it may no longer be current.

Three Bahamian lawyers who represent Peter Nygard are suing the fashion mogul for more than $14 million in unpaid legal fees, lawsuits allege.

Carlton A. Martin, Keod Smith and Algernon Allen say they were hired by Nygard in August 2018 to work together to defend him and prosecute on his behalf, according to court documents filed separately by the three lawyers in March and April of 2021.

The court filings say Nygard agreed to pay Martin and Allen $1,000 an hour, while Smith was to be paid $750 an hour. The lawyers claims to have worked thousands of hours but were only paid five per cent of what they are owed. Based on the numbers provided in the lawsuits, they are owed a little more than $14 million combined.

The lawsuits say Nygard has been trying to sell his home in The Bahamas on Nygard Cay for around $59 million. (CBC News)
The lawsuits say Nygard has been trying to sell his home in The Bahamas on Nygard Cay for around $59 million. (CBC News)

To read more of this story first reported by CBC News, click here.

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