There is a saying that goes, “Good fences make good neighbors.” Some of us, at least have found this to be true. What, then, when neighbors cannot agree on where the “fence” is? That is to say, what happens when neighbors cannot agree with respect to where one property ends and another begins?
For New York hedge-fund manager Louis Bacon and Canadian fashion designer Peter Nygard, what began as a property-line dispute has reportedly drawn out into a decade-long rivalry that has escalated far beyond the initial dispute, the details of which are beyond the scope of this article. Fortunately, property-line disputes don’t have to escalate as much as they did in this case.