Broadbent Settles in Billionaire's Vinegar Lawsuit

by Deidre Woollard (RSS feed)
Oct 14th 2009 at 12:52AM

Bartholomew Broadbent let me know that his father Michael Broadbent has settled his lawsuit against Random House for defamation of character for his potrayal in the book The Billionaire's Vinegar by Benjamin Wallace. The book centered on the infamous Jefferson wine bottles and in Broadbent's view suggested that Michael Broadbent, an esteemed wine writer and auctioneer and head of Christie's wine department from 1966 to 1992 had behaved in an unprofessional manner. Broadbent's relationship with Hardy Rodenstock, the discoverer of the bottles was called into account.

The book tells the story of German collector, Rodenstock who had allegedly found rare bottles of Chateau Lafite walled up in a basement in Paris. An 1787 Lafite engraved Th:J sparked worldwide interest because it was thought that Jefferson had bought the bottles when he was in Paris serving as ambassador. Three of the bottles were sold at Christie's, where Broadbent worked, between 1985 and 1987 including the the 1787 Lafite which was bought by Malcolm Forbes for $156,450 fin a 1985 auction.

The billionaire in the title is William Koch who sued Rodenstock claiming that he was the source for four Jefferson bottles that Koch bought in 1988. Those bottles are now believed to be fake. Rodenstock has said that the bottles were genuine but has not submitted them for testing. The book sold well and a Will Smith-produced film of the story is in development. Broadbent told Decanter that the sum he settled for was ''not excessive, but enough to buy a good few cases of wine, and to give something to the wine trade benevolent fund." He also said he was celebrating with a magnum of Mouton 1990 at a dinner he and his wife Daphne held for his legal team at his club, Brooks's in Mayfair. He is considering whether or not to take out an injunction on the film.

Author Benjamin Wallace has defended his book. His statement, published on Dr. Vino, says that Broadbent has "chosen to blame the messenger, and doubly so that he is blaming the messenger for something the messenger is not actually saying." Wallace says that his book never portrayed Broadbent as acting in bad faith. Random House has agreed not to distribute the book in the U.K. but it remains available in the United States and elsewhere.

Tags: billionaires vinegar, BillionairesVinegar, lawsuit, michael broadbent, MichaelBroadbent

Filed under: Wine

Subscribe to these comments

Reader Comments (Page 1 of 1)

bbroadbent Oct 14th 2009 10:57AM

I think settled implies less than a full win. In fact, the Publisher agreed to every demand and they apologized in Court.

The press release reads:
The libel action centred on the book The Billionaire’s Vinegar, the subject of which was the provenance of a number of bottles of wine said to have been owned by Thomas Jefferson. The book made allegations which suggested that Mr Broadbent had behaved in an unprofessional manner in the way in which he had auctioned some of these bottles and that his relationship and dealings with Hardy Rodenstock, who discovered the original collection, was suspected of being improper.

In a statement read out in open court today, Random House apologised unreservedly for making the allegations and accepted that they were untrue. It has given an undertaking not to repeat the allegations and paid Mr Broadbent undisclosed damages.

Commenting on the settlement Sarah Webb, head of Russell Jones & Walker’s Defamation department, who acted for Mr Broadbent said:

“The Billionaire’s Vinegar made highly damaging claims about my client that seriously compromised both his professional and personal reputation. We are delighted that Random House has today accepted that these allegations are totally without foundation and avoided the need to proceed to a full trial. My client is relieved that the good name he has built up over many years as one of the country’s leading wine experts has been fully restored.”