William Koch News

Billionaire William Koch’s $12 million damages award in a lawsuit accusing a fellow wine collector of selling counterfeit Bordeaux was reduced by a U.S. judge to a little less than $1 million. The punitive damages a jury awarded Koch against …

A billionaire wine investor waited too long to file a lawsuit that claimed a New York auction house misrepresented a Bordeaux as belonging to Thomas Jefferson. A three-judge federal panel issued the ruling last Thursday. It said William Koch missed …