US billionaire Bill Koch has lost nearly $12 million in damages he had initially won in a lawsuit against a fellow wine collector.
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.
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.
Eric Greenberg protested his innocence as he took the stand in the civil trial that has been brought against him by fellow wine collector William Koch.
Billionaire businessman and wine collector Bill Koch will begin new legal proceedings today against businessman Eric Greenberg.
© 2014 Union Press Ltd | Unit 122, 30 Great Guildford Street, London SE1 0HS, UK | Registered in England and Wales No. 03606414 | Tel: +44 (0)20 7803 2420