The Fontainebleau Miami Beach is booked solid next week as bankers prepare to crowd the iconic lobby for cocktails at an annual bond-market convention. For owner Jeffrey Soffer, the conference helps justify a $1 billion makeover that almost cost him the property three years ago.
A former adviser to model Elle Macpherson dropped her phone-hacking claim against News Corp.’s U.K. unit because of a lack of evidence that her voice mail was accessed by the company, her lawyers said at a London hearing.
Elle Macpherson, the model, and actor Joseph Fiennes were among the browsers on the VIP day of the Frieze Art Fair in London as paintings by Neo Rauch, Rudolf Stingel and Luc Tuymans sold for as much as $1.4 million.
The liquidator of Bernard L. Madoff’s firm sued Lion Global Investors Ltd. and at least six other companies to recover at least $172.8 million they allegedly received from investments made with the con man by Fairfield Sentry Ltd.
On a Thursday night in May, Arpad Busson danced atop a white sofa, a cigarette in his hand, as the Pet Shop Boys performed their 1980s hit “West End Girls” at his annual hedge-fund charity gala in London.