Koch's $12M Win In Fake Wine Case Cut To Less Than $1M

Law360, New York (April 1, 2014, 6:00 PM ET) -- A New York federal judge on Monday sharply reduced a $12 million damages verdict awarded to billionaire William Koch over his purchase of counterfeit wine, slashing a fine the judge called “excessive” to less than $1 million.

U.S. District Judge J. Paul Oetken upheld the verdict and said it was reasonable for entrepreneur Eric Greenberg to face punishment after a jury found him liable for selling Koch 24 bottles of purportedly rare Bordeaux that turned out to be fakes. But the size of the jury's selected...
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Case Information

Case Title

Koch v. Greenberg et al

Case Number



New York Southern

Nature of Suit

Other Fraud


J. Paul Oetken

Date Filed

October 26, 2007

Law Firms


Government Agencies