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 the deadline when he filed the suit in 2005.
It said a four-year statute of limitations began in 2000. That’s when Koch obtained results of a report he had commissioned on the age of the wine.
Koch claimed that the auction house promoted the wine as belonging to Jefferson when it knew otherwise.
He said the panel dismissed the case on a technicality and he was disappointed.
Christie’s said it was pleased with the ruling.
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
Experian Launches Insurance Marketplace App on ChatGPT 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
