Make No Mistake: Dan Loeb's Time Is Important
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Back in September, we reported that Dan Loeb had been sued by the moving company that helped the hedge fund tycoon and his wife settle into their $45 million apartment at 15 Central Park West. The Observer has a follow-up to the story and reports the suit has been settled. The prickly financier agreed to pay $82,500 to make the case go away—a bit less than the $98,699 the moving company was demanding—mostly because Loeb couldn't stand the idea of wasting any more of his precious time sitting in court. [NYO, previously]