Tasting Flight 5/31/06
Own Your Own?
The famed French champagne, Tattinger, is up for sale. It looks like Starwoods Capital will sell the Champagne house back to the founding family, backed by Credit Agricole du Nord Est. For under $1 Billion, you too could buy a Champagne empire! (NDTV)
Legal Battle Ahead
Wine-maker diva, Helen Turley, will be back in the courtroom. He is being sued by Roy Estates for breach of contract. They say Helen was going to impart her Midas Touch on their vineyard, Helen says they didn’t get the winery build in time. Of course, while they were working to build the vineyard and winery, they did pay Helen $800,000. This is the second recent suit involving the winemaker. She won a lawsuit against Bryant Family Vineyards after they failed to pay her according to contract terms. We always enjoy when rich people sue each other. (Wine Business.com)