The New Jersey State Attorney General leveled a $2 million fine against beer distributor Hunterdon Brewing Co. The state alleged that the craft beer distributor “sold draft beer tap systems at below fair market prices and concealed the charges by mislabeling them as ‘miscellaneous draft charges’ on invoices.” Hunterdon has agreed to the fine.
By using dyes, a group of European researchers are working on technique that can identify a whisky’s taste, origin, and age. The study, recently published in the journal Chem, might also help to curb counterfeiting. While still not a perfect science, it shows early signs of promise.
Third Leaf Partners, an investment firm, announced that it has acquired WineBid Inc., the company that bills itself as the largest online auction house for rare and fine wines. The California-based WineBid also operates offices in Chicago and Hong Kong and holds 52 auctions per year.
On June 22, Christie’s, the auction house, and Wally’s the wine merchant will hold their first auction in New York, The Wine Spectator reports. The California-based Wally’s previously tried the auction business, bringing in top talent to launch its own venture, but it never took off. This partnership will allow both entities to excel at their strengths, the companies said.
A lawsuit brought by Total Wine seeking to lower prices in Connecticut was dismissed in Federal court last week. The retailer had sought to change the law where the state sets the bottom cost for liquor prices. The judge, in her decision, said a change in the state law should come from the executive and legislative branches of government.