A jury in Manhattan sided with Bill Koch in his lawsuit over 24 counterfeit wines. The collector extraordinaire and energy magnate had sued Eric Greenberg, a wine collector who at one point had a cellar of 70,000 bottles, for selling him the counterfeit bottles. The jury awarded Koch $379,000 in damages to cover the fraudulent bottles and will reconvene this morning to see consider punitive damages.
Bloomberg has the full story including some of Koch’s comments after the trial:
“I absolutely can’t stand to be cheated. Now we got one faker so we’re marching down our hit list of fakers. This is just a start.”
“Millions if not tens or hundreds of millions of counterfeit wines are sold every year. The counterfeiters don’t want anyone to know, for $100 they make it and mark it up to $15,000, I myself paid $100,000 for a counterfeit wine. To me the whole industry is corrupt.”
“What Greenberg did was treat me and Zachys the way you treat mushrooms–kept in the dark and fed manure.”
“I’m thirsty, I want a glass of wine,” Koch said before repairing to restaurant Daniel. “And if it’s not a good bottle, I’m going to sue them.”