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25,000 litres of wine destroyed
Posted: Mon Aug 21, 2017 1:15 pm
by brodie
Does anyone know what this is about / back story?
http://www.abc.net.au/news/2017-08-21/w ... ne/8826920Not very high end wine by the look of it; 25k litres valued at $60k means it valued at $2.40/litre.
Brodie
Re: 25,000 litres of wine destroyed
Posted: Mon Aug 21, 2017 2:49 pm
by JakeBarnes
That seems like a very low price per litre compared to Kellermeister's range, perhaps they produce for third parties, or maybe the court used a lowball valuation, like the production cost or something? Trevor Jones used the work for Kellermeister apparently so I guess there might have been some bad blood going back there?
Re: 25,000 litres of wine destroyed
Posted: Tue Aug 22, 2017 8:05 pm
by George Krashos
His dad sold the company to a third party. Clearly he was "not happy Jan".
-- George Krashos
Re: 25,000 litres of wine destroyed
Posted: Wed Aug 23, 2017 1:07 pm
by Chuck
And a truckload of bourbon was today lost in a trucking accident near Adelaide!!
Re: 25,000 litres of wine destroyed
Posted: Sat Aug 26, 2017 3:40 pm
by odyssey
JakeBarnes wrote:That seems like a very low price per litre compared to Kellermeister's range, perhaps they produce for third parties, or maybe the court used a lowball valuation, like the production cost or something?
According to an article on the original proceedings in 2015 the value was $300,000 so I think you are right
http://www.adelaidenow.com.au/news/sout ... 2faf92914aIt seems 3 of the 5 charges were dropped according to Brodie's article, maybe that's part of it too?