Koch decks Greenberg- $12 million in punitive

The place for all things wine, focused on serious wine discussions.

Moderators: Jenise, David M. Bueker, Robin Garr

Koch decks Greenberg- $12 million in punitive

Postby Dale Williams » Fri Apr 12, 2013 5:00 pm

http://www.bloomberg.com/news/2013-04-1 ... trial.html

Here's a good article from Mike Steinberger (before the punitive damages were awarded, but with a link to transcript of closing arguments)
http://winediarist.com/the-wine-trials-an-update/
User avatar
Dale Williams
Compassionate Connoisseur
 
Posts: 7854
Joined: Tue Mar 21, 2006 5:32 pm
Location: Dobbs Ferry, NY (NYC metro)

Re: Koch decks Greenberg- $12 million in punitive

Postby David M. Bueker » Fri Apr 12, 2013 5:29 pm

And so the dominoes begin to fall.
There behind the glass lies a real blade of grass. Be careful as you pass. Move along. Move along.
User avatar
David M. Bueker
Riesling Guru
 
Posts: 21996
Joined: Thu Mar 23, 2006 12:52 pm
Location: Connecticut

Re: Koch decks Greenberg- $12 million in punitive

Postby Mark Lipton » Fri Apr 12, 2013 5:32 pm

I am confused why people still refer to him as Rudy Kurniawan and as Indonesian. Wasn't it established that he's actually Chinese and named Zhen Wang Huang? As hard as I try, I can only muster so much sympathy for Bill Koch, but I still view this decision as an important one.

Mark Lipton
User avatar
Mark Lipton
Oenochemist
 
Posts: 4315
Joined: Wed Mar 22, 2006 2:18 pm
Location: Indiana

Re: Koch decks Greenberg- $12 million in punitive

Postby Robin Garr » Fri Apr 12, 2013 5:53 pm

Mark Lipton wrote:I am confused why people still refer to him as Rudy Kurniawan and as Indonesian. Wasn't it established that he's actually Chinese and named Zhen Wang Huang?

Because he established a significant identity as Kurniawan, and to drop that identity would be, in essence, to let him escape public shaming?
User avatar
Robin Garr
Forum Janitor
 
Posts: 17012
Joined: Fri Feb 17, 2006 2:44 pm
Location: Louisville, KY

Re: Koch decks Greenberg- $12 million in punitive

Postby Kelly Young » Fri Apr 12, 2013 7:48 pm

I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?
User avatar
Kelly Young
Ultra geek
 
Posts: 478
Joined: Wed Feb 17, 2010 4:37 pm
Location: Washington, DC

Re: Koch decks Greenberg- $12 million in punitive

Postby Robin Garr » Fri Apr 12, 2013 11:44 pm

Kelly Young wrote:I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?

Post it on the forum? Or on Facebook? :lol:
User avatar
Robin Garr
Forum Janitor
 
Posts: 17012
Joined: Fri Feb 17, 2006 2:44 pm
Location: Louisville, KY

Re: Koch decks Greenberg- $12 million in punitive

Postby Brian Gilp » Sat Apr 13, 2013 9:16 am

Kelly Young wrote:I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?


Ah......Red Bicyclette I assume.

Read more at http://www.decanter.com/news/wine-news/ ... kYybCZr.99
Brian Gilp
Wine guru
 
Posts: 1457
Joined: Tue May 23, 2006 6:50 pm

Re: Koch decks Greenberg- $12 million in punitive

Postby Paul Winalski » Sat Apr 13, 2013 8:46 pm

I think criminal fraud charges, and jail time, are in order here.

-Paul W.
User avatar
Paul Winalski
Wok Wielder
 
Posts: 4086
Joined: Wed Mar 22, 2006 10:16 pm
Location: Merrimack, New Hampshire

Re: Koch decks Greenberg- $12 million in punitive

Postby Dale Williams » Sun Apr 14, 2013 10:24 pm

Mark Lipton wrote:I am confused why people still refer to him as Rudy Kurniawan and as Indonesian. Wasn't it established that he's actually Chinese and named Zhen Wang Huang? As hard as I try, I can only muster so much sympathy for Bill Koch, but I still view this decision as an important one.


Koch's lawsuit against Rudy said that was his real name, but did it say he was actually a Chinese citizen? Suharto prosecuted ethnic Chinese Indonesians and required them to acquire "Indonesian" names. So lots of Chinese Indonesians have 2 names. In any case suits usually use the name that the person used at the time. People sue John Wayne, Mark Twain, Albert Brooks (real name Albert Einstein!), Marilyn Monrie, Balthus, etc. I have no knowledge one way or the other, but his name is probably the least incriminating thing.

While its hard to feel sorry for either side in a battle of the billionaires (well, at least onetime billionaire in Greenberg's case), EG came across as a super a#%hole. I'll tip my hat to Koch for his doggedness, it's ultimately a plus for the wine world. And hey, at least he's better than his brothers! :)

What I'm trying to figure out is if I met Rudy K briefly. in 2005 I was at a big goodbye dinner for a friend moving to UK to study for his MW. About 2 dozen people at Bayard. There was a young Asian guy surrounded by young Acker-olytes. Someone referred to him as "doctor" (at the time, I thought maybe he was a doctor). He blinded group with a mag of Burgundy (nothing superspecial, something like a 1987 Rene Engel). In retrospect figured it must have been Rudy. If so, this was about point where he went from a huge buyer to a huge seller. Maybe he was auditioning the Engel to see if it was a good candidate for being becoming a 78 or 85 DRC. :)
User avatar
Dale Williams
Compassionate Connoisseur
 
Posts: 7854
Joined: Tue Mar 21, 2006 5:32 pm
Location: Dobbs Ferry, NY (NYC metro)

Re: Koch decks Greenberg- $12 million in punitive

Postby Victorwine » Mon Apr 15, 2013 10:55 am

Not really related, but interesting. Just read this article in the New York Post-
http://www.nypost.com/p/news/local/that ... cVonpeqhyJ

Salute
User avatar
Victorwine
Wine guru
 
Posts: 1652
Joined: Thu May 18, 2006 10:51 pm

Re: Koch decks Greenberg- $12 million in punitive

Postby Lou Kessler » Mon Apr 15, 2013 6:36 pm

Kelly Young wrote:I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?

I know a guy who is an expert on that type of wine, he also sold me some shares in the Brooklyn bridge at a great price. Want his ph. #?
Lou Kessler
Doesn't buy green bananas
 
Posts: 2950
Joined: Fri Mar 24, 2006 4:20 pm

Re: Koch decks Greenberg- $12 million in punitive

Postby Kelly Young » Tue Apr 16, 2013 10:28 am

Lou Kessler wrote:
Kelly Young wrote:I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?

I know a guy who is an expert on that type of wine, he also sold me some shares in the Brooklyn bridge at a great price. Want his ph. #?


Sorry man, I beat you to the punch. Just purchased the Bridge for $3,000.00. Going to celebrate with the $70.00 bottle of Petrus he sold me.
User avatar
Kelly Young
Ultra geek
 
Posts: 478
Joined: Wed Feb 17, 2010 4:37 pm
Location: Washington, DC

Re: Koch decks Greenberg- $12 million in punitive

Postby Lou Kessler » Tue Apr 16, 2013 2:38 pm

Kelly Young wrote:
Lou Kessler wrote:
Kelly Young wrote:I'm really worried about the authenticity of the $10.99 bottle of Languedoc red I just bought. Who should I turn to?

I know a guy who is an expert on that type of wine, he also sold me some shares in the Brooklyn bridge at a great price. Want his ph. #?


Sorry man, I beat you to the punch. Just purchased the Bridge for $3,000.00. Going to celebrate with the $70.00 bottle of Petrus he sold me.


Damn! Crime doesn't pay, not like it used to!
Lou Kessler
Doesn't buy green bananas
 
Posts: 2950
Joined: Fri Mar 24, 2006 4:20 pm


Return to The Wine Forum

Who is online

Users browsing this forum: Google Adsense [Bot], Joy Lindholm and 9 guests