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ARTICLE · 09 APRIL 2013

A Case Of Sour Grapes?

Fox Rothschild LLP
Fox Rothschild LLP
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Jury selection started this week in Manhattan federal court in a case commenced by billionaire William Koch, brother of conservative fundraisers David and Charles Koch, seeking damages for his purchase of over $300,000 in counterfeit wine at auction.

United StatesIntellectual Property
Elizabeth Chew
Elizabeth Chew
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A Case Of Sour Grapes?

Jury selection started this week in Manhattan federal court in a case commenced by billionaire William Koch, brother of conservative fundraisers David and Charles Koch, seeking damages for his purchase of over $300,000 in counterfeit wine at auction.  The suit, commenced in 2007, named both Zachys, the New York-based auction house who conducted the sale, and internet billionaire Eric Greenberg, the seller of some of the wines in question.    

http://www.dailymail.co.uk/news/article-2299268/Battle-billionaires-Bill-Koch-sues-Eric-Greenberg-300-000-fake-wine.html

At issue are two dozen bottles Koch purchased at Zachys' auctions of select wines from Greenberg's collection in 2004 and 2005.  Believing that the wines had at one time been owned by President Thomas Jefferson, Koch paid up to $30,000 per bottle.

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