In a medium saucepan, bring the chicken broth to a boil.
Whisk in the grits and cook over medium high heat, stirring vigorously at first to eliminate lumps. Continue to stir periodically until thickened about 4 to 5 minutes total.
Add the cream, butter and cheese and gently stir to combine. Cover and remove from heat.
In a large skillet, cook the bacon over medium heat until crispy. Transfer to a paper towel-lined plate.
Pour out all but about 4 tbsp of bacon fat in skillet and re-heat.
Sprinkle black pepper over the shrimp and add to the hot skillet and bacon fat and cook until curled and pink, about 3 minutes. Don't over cook.
Stir in the garlic, parsley, scallions, paprika, Worcestershire sauce, Tabasco and lemon juice.
Crumble the bacon into small pieces.
Spoon the warm, cheesy grits into 4 shallow bowls and top with a quarter of the shrimp mixture.
Garnish with bacon and reserved scallions. Serve immediately.
NOTE: Can substitute pimento cheese spread for the cheese in the grits for spicy, delicious twist.