US billionaire Bill Koch has lost nearly $12 million in damages he had initially won in a lawsuit against a fellow wine collector.
On day five of the trial of alleged wine fraudster Rudy Kurniawan, billionaire wine collector Bill Koch took to the witness stand to testify against Kurniawan.
US billionaire wine collector Bill Koch has been awarded $12m in damages by a Manhattan jury having emerged victorious in a lawsuit over 24 fake bottles of wine.
US billionaire wine collector Bill Koch has won a legal victory over internet entrepreneur Eric Greenberg in a lawsuit over 24 fake bottles of wine.
Alleged wine counterfeiter Rudy Kurniawan has pleaded not guilty in a US court to an indictment charging him with schemes to sell fake wines and defraud a finance company out of £2m.
The wine fraud case being played out in a New York court room between rival billionaires turned personal this week as a former servant of Eric Greenberg took the stand against his one-time employer.
Billionaire businessman and wine collector Bill Koch will begin new legal proceedings today against businessman Eric Greenberg.
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