Monday, 16 July 2012
1855 ordered by Bordeaux court to pay 50 Euros a day
Château Lafite – 1855 client still awaiting six bottles of 2008
SudOuest, the regional paper for South West France, reports here that 1855 has been ordered by a Bordeaux court to pay 50€ a day from 22nd May 2012 to a client who had ordered on 4th August 2009 six bottles each of 2008 Latour and 2008 Lafite. These should have been delivered in 2011 but, as is so often the case with 1855, the client has so far not received them.
The case against 1855 was conducted by Hélène Poulou of the law firm SCP Bonnet-Laborie, 116 Cours Astride Briand, 33000 Bordeaux Tel: 05.56.31.44.65.
SudOuest also reports that the number of complaints received La brigade interrégionale d'enquête sur les vins et spiritueux (service de la DGCCRF - French Fraud Squad) continues to grow. One has to wonder when given all this evidence the DGCCRF are going to take decisive action against 1855 and its associated companies – ChateauOnline and Cave Privée?
It is good to see court cases involving 1855 are getting exposure in the French press. However, if they covered all the court cases involving 1855 there wouldn't be space for any other news!
For much of last week shares in 1855 were changing hands at 0.03€, although they finished the week on 0.04€ following a small late transaction that pushed the price back up to 0.04€. This morning the shares have immediately dropped back to 0.03€.
'Management' and leading shareholder of 1855
Emeric Sauty de Chalon and Fabien Hyon are the senior 'management' team of 1855 (1855.com, 1855.con). Thierry Maincent was an administrateur and one of the directeur général délégués until he resigned his posts for personal reasons on 30th September 2010. Businessman Jean-Pierre Meyers, who is on the boards of L'Oréal and Nestlé, is a long-term shareholder of 1855. Françoise Bettencourt-Meyers, the daughter of L’Oréal heiress Liliane Bettencourt, is also an investor in 1855.
1855 is a probationary member of La Fevad.