Lord Conrad Black (pictured at left) is suing all those at his New York-based operating company, Hollinger International, who authored or help to author the 600-page report which detail alleged abuses by him, his longtime associate David Radler and others. This report, you'll remember, was presented to the U.S. Securities and Exchange Commission and to a court in Illinois and, in it, Black and his colleagues are accused of diverting at least $600-million of company money for their own unauthorized use.
Black is suing under Ontario laws in an Ontario court and is asking for $1-billion CDN (that's right, one billion) pluse $100-million in damages.
This suit is in addition to another libel suit, with many of the same defendants, in which he seeks $850-million in damages.
He also sued Toronto Life magazine but they're on the hook for a paltry $2.1-million.