Steel Partners LLC Chairman and Chief Executive Officer Warren Lichtenstein sued Andrew Cader, former head of Goldman Sachs Group Inc. (GS)’s Spear, Leeds & Kellogg LP, claiming he helped wrongly inflate child support payments for the mother of Lichtenstein’s 5-year-old daughter. Cader, 54, part owner of the Tampa Bay Rays Major League Baseball team, is in a relationship with the hedge fund chief’s ex-girlfriend, British socialite Annabelle Bond, according to a complaint filed today in Manhattan federal court. Bond is the fourth British woman to climb Mount Everest and daughter of ex- HSBC Holdings Plc (HSBA) Chairman Sir John Bond, the filing stated.Lichtenstein, 47, alleged Bond improperly took their daughter to Hong Kong, where she obtained a court judgment directing him to pay Bond HK$321,667 ($41,428) in monthly child support, school, tutoring, medical, travel and other expenses, which Lichtenstein said is the largest such order ever issued by the court. Lichtenstein claimed that, since 2011, Cader has given Bond $3.5 million in cash and paid $26,000 a month in rent for her home in the Strawberry Hill section of Hong Kong. He alleged that Bond, who isn’t named in the lawsuit, misrepresented the money as loans rather than gifts.
The suit includes claims of conspiracy to commit fraud and a claim of aiding and abetting. Lichtenstein, who is seeking at least $200,000 and attorney’s fees, said he and Bond ended their relationship “amicably” in 2007.
Woman Whose Ex-Hedge Fund Husband Demanded A Cut Of Her Shoes Just Rubbing It In His Face At This Point
Back in June, hedge fund manager Daniel Shak sued his ex-wife, Beth, over assets he claimed she'd hid during the couple's divorce. Said assets were Beth's shoes, which Daniel alleged were kept in a "secret room" and were worth approximately $1 million, 35 percent of which he wanted. It was a bit unclear as to why he was going after the footwear collection three years after the two split (though using the proceeds to relaunch his fund was a possibility) but the heart wants what the heart wants. Anyway, today brings just a couple follow-ups on the Shaks, both of which are slightly more exciting for Beth than Dan. 1. He won't see a single pair of Loubs. A civil suit brought by poker professional Dan Shak against his ex-wife, fellow poker pro Beth Shak, regarding her extensive shoe collection was dismissed in a court in New York after Mr. Shak advised his attorneys that he didn’t want to pursue the issue any further...the opening arguments apparently doomed the case in the eyes of the male Shak. Ms. Shak testified to Judge Daniele that her shoe fetish grew as a response to repeated denials of emotional attention from Mr. Shak. “I would not call these shoes a collection, I would call them a sickness at a particular point in my life,” Beth Shak testified to Judge Daniele as she recounted how Dan Shak would refuse her attempts at romantic encounters, according to the Post. “I tried to get him to go to therapy with me, but it just didn’t work,” the Post quotes Ms. Shak as testifying. “I was so unhappy with my marriage that all I did was shop. There was nothing to our relationship…he and I had nothing.” Further into her testimony to the court, Ms. Shak stated that not only did Mr. Shak know about the shoes but even signed off on all the bills as they came before him. After a break following Ms. Shak’s testimony, Mr. Shak apparently had a change of heart regarding the lawsuit. His attorneys informed Judge Daniele that their client wanted to withdraw the case, which Judge Daniele quickly granted. Looking square at Mr. Shak as she dismissed the case, Judge Daniele is quoted by the Post as stating, “Well, thanks for wasting everybody’s time.” 2. She's going into the shoe business! Now that that the suit is over, Shak, who has an image of a pair of Louboutons tattooed just below her waist, is concentrating one what's next — the launch her own line of shoes. Dan Shak Drops Lawsuit Against Beth Shak Following Opening Arguments [PND] Sexy Singles 2012: Beth Shak [Philly]