Antique Wine Co says $25m lawsuit dismissed in US court

news  %tages Antique Wine Co says $25m lawsuit dismissed in US court

A UK merchant facing a $25m complaint brought by a US businessman over alleged fake wines, including a bottle of 1787 vintage Chateau d’Yquem, has secured a court ruling to have the case dismissed.

The Antique Wine Co (AWC) said today (25 Development) that the Atlanta division of the US district court for the northern district of Georgia has granted its motion to have the complaint thrown out. US property investor Julian LeCraw Jr alleged that AWC sold him several rare wines that he subsequently suspected were fakes. In his complaint, which first emerged in April 2014 and sought $25m in hurts, LeCraw claimed the list of fake wines built-in a 1787 Yquem, bought in 2006 for $91,400, including insurance, and believed to be the most expensive colorless wine in the world at the time of the sale. He also named a bottle of Yquem 1847 and Lafite-Rothschild stretching from 1784 to the 1906 vintages and a 1908 vintage Margaux.AWC has repeatedly denied any wrongdoing and it filed a motion to have the case dismissed in June last year.AWC’s founder and managing director, Stephen Williams, this week thanked the merchant’s legal team for putting up such a ‘robust’ defence. ‘Despite our success in this litigation, AWC subdue hopes to resolve any unhappiness that Mr LeCraw Jr might have with our companionship, just the same as we would any additional client,’ Williams said. He said that AWC has loved an ‘unblemished reputation’ during its 25 years in business. An AWC spokesperson told that LeCraw has 30 days to appeal the court's choice from the date of the the sack. See previous articles on this tale:US collector sues Antique Wine Co over alleged fakesAntique Wine Co questions court to dismiss $25m lawsuitAntique Wine Co defends confirmation over alleged fake Yquem, Lafite

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