diff --git a/platform/platform-impl/src/com/intellij/openapi/vfs/impl/local/LocalFileSystemBase.java b/platform/platform-impl/src/com/intellij/openapi/vfs/impl/local/LocalFileSystemBase.java
index 918bf33d3822..0e249c5d6089 100644
--- a/platform/platform-impl/src/com/intellij/openapi/vfs/impl/local/LocalFileSystemBase.java
+++ b/platform/platform-impl/src/com/intellij/openapi/vfs/impl/local/LocalFileSystemBase.java
@@ -516,7 +516,7 @@ public abstract class LocalFileSystemBase extends LocalFileSystem {
     }
 
     File ioFile = convertToIOFile(file);
-    if (!ioFile.exists()) {
+    if (FileSystemUtil.getAttributes(ioFile) == null) {
       throw new FileNotFoundException(VfsBundle.message("file.not.exist.error", ioFile.getPath()));
     }
     File ioParent = convertToIOFile(newParent);
diff --git a/platform/platform-tests/testSrc/com/intellij/openapi/vfs/local/LocalFileSystemTest.java b/platform/platform-tests/testSrc/com/intellij/openapi/vfs/local/LocalFileSystemTest.java
index 02384edb0ab2..f6d2e10ed117 100644
--- a/platform/platform-tests/testSrc/com/intellij/openapi/vfs/local/LocalFileSystemTest.java
+++ b/platform/platform-tests/testSrc/com/intellij/openapi/vfs/local/LocalFileSystemTest.java
@@ -37,6 +37,7 @@ import com.intellij.openapi.vfs.newvfs.persistent.PersistentFSImpl;
 import com.intellij.openapi.vfs.newvfs.persistent.RefreshWorker;
 import com.intellij.testFramework.PlatformTestCase;
 import com.intellij.testFramework.PlatformTestUtil;
+import com.intellij.util.ArrayUtil;
 import com.intellij.util.Function;
 import com.intellij.util.messages.MessageBusConnection;
 import org.jetbrains.annotations.NotNull;
@@ -638,4 +639,26 @@ public class LocalFileSystemTest extends PlatformTestCase {
       }
     }.execute();
   }
+
+  public void testBrokenSymlinkMove() throws IOException, InterruptedException {
+    final File srcDir = IoTestUtil.createTestDir("src");
+    final File link = IoTestUtil.createSymLink(srcDir.getPath() + "/missing", srcDir.getPath() + "/link", false);
+    final File dstDir = IoTestUtil.createTestDir("dst");
+
+    new WriteAction() {
+      @Override
+      protected void run(@NotNull Result result) throws Throwable {
+        VirtualFile file = myFS.refreshAndFindFileByIoFile(link);
+        assertNotNull(file);
+
+        VirtualFile target = myFS.refreshAndFindFileByIoFile(dstDir);
+        assertNotNull(target);
+
+        myFS.moveFile(this, file, target);
+      }
+    }.execute();
+
+    assertOrderedEquals(ArrayUtil.EMPTY_STRING_ARRAY, srcDir.list());
+    assertOrderedEquals(new String[]{link.getName()}, dstDir.list());
+  }
 }