Federal Appeals Court Panel in New York on Wednesday questioned, that Koch had performed timely due diligence in case of doubt were thrown about four bottles 1787 engraved wine "Th.J", which in 1987 and 1988 were sold it by the dealer of Hardy Rodenstock through intermediaries.
In March last year threw U.S. District Judge Barbara Jones the complaint, which Koch filed in Manhattan Federal Court in 2010, ruling that his claim of fraudulent concealment was excluded by statute of limitations.
The founder of Oxbow group energy companies appealed the decision say that Rodenstock and long time were head of Christie's wine, Michael Broadbent, associates in the alleged scam.
Christie's fought the lawsuit argues that Cook falsely claims that he not credible questions learn the authenticity of wine until 2005.
Much of questioning Wednesday by three judges on the 2nd U.S. Circuit Court of Appeals Panel focused on the period of limitation and the timeliness of the Cook investigations about the wine.
"I am having trouble,..., in 1992 or 1993, already know real additional violations in the mainstream media would have added", said U.S. District Judge John Koeltl, invitation sitting on the Court of appeal.
Koch, whose Wert about is $4 billion according to Forbes magazine, sued Christie's, on the grounds that it had agreed to sell call and its wines to promote the Rodenstock. The lawsuit also said that Christie Monticello, Jefferson's Virginia home, and a national landmark, vouch for the wine had done lobbying work.
The Court of appeal heard that a report from 1985 of Monticello doubts about the origin of the wine and which had raised it to more articles in the press wine trade had reported in the early 1990s, that nobody had shown the wines were of Jefferson.
Koch's Attorney argued that the action must, as more details was, been revealed in a Monticello report of 2005, including, that Jefferson ordered delivery of wine in a single purchase of a whole year. The orders from 1787 to 1792 were intact and no purchases of "Th.J" wine reflected.
The Court, not immediately but a judgment will be a written statement at a later date.
The case is William I. Koch V Christie's International Inc in the 2nd U.S. Circuit Court of appeals No. 11-1522
(Reporting by grant McCool)
