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january 9, 2018

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The acquirer of Bordeaux Grand Cru requested the redemption by the seller of an amount of 2.2 million euros for reasons including the failure to deliver and lack of conformity. By a judgment from the Commercial Court in Bordeaux dated 9 January 2018, the respondent has been ordered to reimburse the full amount of the paid monies and to pay damages to the acquirer in the amount of 200,000 euros. The acquirer was represented by Maîtres Géry, Demard and Rétoré.

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