Christie’s Wins Dismissal of Billionarie Koch’s Counterfeit Wine Suit
Christie’s Wins Dismissal of Billionarie Koch’s Counterfeit Wine Suit
Mar 18, 2011 6
Christie’s International Plc won dismissal of a lawsuit filed by billionaire collector William Koch that claimed the auction house “induced” him into buying counterfeit wine.
The complaint was filed last year in Manhattan federal court. Koch, who lives in Florida, claimed London-based Christie’s has sold counterfeit wine “for many years.”
U.S. District Judge Barbara Jones, in New York, today granted Christie’s motion to dismiss Koch’s suit, which included claims of fraud, civil conspiracy and aiding and abetting.
Jones said in her ruling that while Koch said he was injured by Christie’s “misrepresentations,” she concluded he also knew that the bottle “was counterfeit prior to making the purchase.”
Comments