Appeal court upholds Red Bicyclette sentences
The French appeal court in Montpellier has upheld the sentences handed down in the notorious Red Bicyclette fake Pinot Noir case.
Jim Budd moved from education to wine in 1988 and has written for Decanter since 1989. He is the former editor (1991-2015) of Circle Update, the newsletter of the Circle of Wine Writers. He writes the award-winning www.jimsloire.blogspot.com and is one of the five members of the Les 5 du Vin blog. Budd exposes the dangers of drinks investment on his award-winning www.investdrinks.org website, and complementary www.investdrinks-blog.blogspot.com blog. He also contributes to Hugh Johnson’s Pocket Wine Book, Wine Behind the Label and the Academie du Vin. Budd is a keen photographer – especially in the Loire.
The French appeal court in Montpellier has upheld the sentences handed down in the notorious Red Bicyclette fake Pinot Noir case.
Quarts de Chaume in Anjou is awaiting ministerial approval to become the Loire's first Grand Cru.
A small Loire producer of natural wines faces two years in jail or a hefty fine for labelling his wines wrongly.
Clients of online wine merchant 1855.com are becoming increasingly concerned about delivery of their wines.
The managing director of a company selling non-existent Bordeaux en primeur has been found guilty of fraud.
The head of a wine investment company has admitted going on a cocaine-fuelled spending spree with investors' money but denies fraudulent trading.
Simon Baile, the former owner of Oddbins, has prompted a flurry of negative comment after buying five of his shops back from administrators Deloitte.
And the winner is...
The last Oddbins shops closed last night with the loss of around 300 jobs.
Thirty-seven Oddbins shops have been sold as a going concern to EFB (European Food Brokers) Ltd.
The administrators in charge of Oddbins are confident a deal will be finalised for the chain by the end of this week.
Interest in the Oddbins portfolio, range of shops and stock is increasing, while the winding up order from Pol Roger Ltd is withdrawn.
A senior Oddbins employee was paid a five-figure sum early in March in redundancy compensation, three weeks before the company's 120 staff were made redundant.
Oddbins has applied to go into administration to protect it from creditors applying for winding up orders.
Wine investment company director Benedict Moruthoane has been jailed for 7.5 years for fraud.
Bordeaux merchant 1855.com, which is being sued for failure to deliver paid-for wines, says its problems are due to the general economic downturn.
Dozens of orders, mainly from the 2003 and 2005 Bordeaux vintages, have been left unfulfilled by internet wine merchant 1855.com.
The trial of six people involved in three allegedly fraudulent wine investment companies started in St Albans Crown Court this week.
London fine wine merchant and broker Fine & Rare is for sale with an estimated price of £35 to £40 million.
Pancho Campo MW is no longer listed as a ‘fugitive’ on the Interpol website.
Wine investment company Wine Traders International Ltd has been ordered to close in the public interest.