Quotulatiousness

August 20, 2009

The Billionaire’s Vinegar-scented lawsuit

Filed under: Law, Wine — Tags: , — Nicholas @ 18:14

Mike Steinberger discusses the recent lawsuit launched by Michael Broadbent against the publishers of Benjamin Wallace’s The Billionaire’s Vinegar:

Broadbent, the legendary former head of Christie’s wine department, alleges that Wallace defamed him in his gripping whodunit about the so-called Thomas Jefferson bottles — a trove of wines initially said to have belonged to the oenophilic Virginian but now almost universally believed to have been fakes. Three of the bottles, all Bordeaux, were auctioned off by Broadbent in the 1980s, and of the many wine luminaries caught up in this saga, his reputation has suffered the most damage. Broadbent contends that he was falsely depicted in the book as being complicit in a crime. But his suit makes no claims one way or another regarding the authenticity of the wines that he sold, which can be taken as an acknowledgment that the evidence is not in his favor. Broadbent can’t undo the fact that he was at the center of what now appears to have been the greatest wine hoax ever perpetrated. By pursuing legal redress, he is simply making it harder for a more considered judgment of his actions to emerge.

[. . .]

As Wallace meticulously documents, Broadbent repeatedly and insistently vouched for Rodenstock and the Jefferson bottles. He was dismissive of the researcher at Monticello who cast doubt on the authenticity of the wines and of questions raised in the press. In addition to doing business with Rodenstock, Broadbent benefited from his largesse. Rodenstock was famous in wine circles for the marathon tastings that he held, multi-day extravaganzas that typically featured wines back to the 18th century. Broadbent attended these bacchanals, served as the authority-in-residence during them, and came away with tasting notes for many old and exceedingly rare wines. If, as now seems undeniable, Rodenstock was a con artist who trafficked in counterfeit wines, those tasting notes are worthless.

But contrary to what Broadbent is claiming in his lawsuit, The Billionaire’s Vinegar does not suggest that he was a witting accomplice to Rodenstock. Rather, the portrait that emerges is of a man who let his hopes and competitive zeal cloud his judgment.

I’ve read Wallace’s book — which I heartily recommend — and I think, based on the information presented, that Broadbent was not complicit in the apparent fraud itself, although he certainly took full advantage of the opportunity (and thereby reap the fame to go along with being associated with the “discoveries”).

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