Conrad Black’s always done things big. This time its a $1.2 billion slander lawsuit against his former company’s special committee and their report on his alleged looting of the company.

Media baron Conrad Black yesterday announced plans to file a $1.2 billion defamation lawsuit against Hollinger International’s special committee over a report accusing Mr Black of “looting” the Chicago-based newspaper company.

The lawsuit would be the latest in a string of legal battles between Mr Black and Hollinger International, which dumped him as chief executive and removed him from the board of directors in January.

The special committee that drafted the report denouncing the alleged financial misdeeds has been notified, under the Libel and Slander Act of Ontario, of Mr Black’s intention to institute an imminent lawsuit for defamation.

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