Versace Empire Wins Libel Damages
From Times Wire Reports
The late Gianni Versace’s fashion empire accepted substantial though undisclosed damages for newspaper articles that appeared soon after he was shot to death in July. Lawyers for the Observer apologized for stories that implied there had been Mafia infiltration into, and money laundering within, Versace’s companies. The Independent said it regretted any suggestion that Versace could not support his lifestyle through legitimate means.
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