Dan Loeb Makes His Move

Hedge fund mogul Dan Loeb paid $45 million for one of the city's poshest apartments last year, a 10,000-square-foot penthouse at 15 Central Park West. His move-in, however, didn't go so smoothly, it seems. It's unclear what took place precisely, but the moving company that Loeb and his wife Margaret hired to help them settle in, Auer's Moving & Rigging, filed a lawsuit against the couple in Manhattan Supreme Court earlier this year claiming breach of contract. (Panorama on the Park LLC, which is also listed as a defendant, is the company Loeb set up to acquire the property.) The high-end moving company is demanding that Loeb cough up the $98,689.07 which it says it's owed. Last week, though, an attorney for the Loebs responded to the suit by filing a motion to dismiss. So what went wrong? Was the prickly hedge fund manager's grand piano damaged by a faulty crane? Did a burly mover accidentally step on Biggie, the couple's miniature pinscher? The legal papers don't indicate why Loeb decided to withhold payment—let's hope that Biggie wasn't harmed—but you can review the documents for yourself below.

Dan Loeb Makes His Move
Dan Loeb Makes His Move
Dan Loeb Makes His Move
Dan Loeb Makes His Move