Miles Davis News
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Six magnums of Chateau Lafleur 1982 from Pomerol are among leading lots at a Sotheby’s wine auction in New York this month, along with a double magnum of Chateau Cheval Blanc 1947 and a case of Chateau Lafite-Rothschild 1982.
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A case of Chateau Haut-Brion 2008, a first-growth Bordeaux from Pessac-Leognan, sold for 3,100 pounds ($4,800) on the London Liv-ex wine exchange April 12, its highest level in 10 months, according to Liv-ex data.
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A Romanee-Conti 1996 Domaine de la Romanee Conti assortment case fetched top price of $36,900 at an Acker Merrall & Condit auction in New York this month as demand persisted from investors and collectors for vintage Burgundies.
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Six magnums of Montrachet Grand Cru white Burgundy from Domaine Leflaive spanning vintages from 2005 to 2010 fetched the top price of 76,050 pounds ($115,400) at a Christie’s International Plc auction in London this week.
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Top Burgundies including Romanee- Conti and Henri Jayer are driving investment-grade wine prices at auction this year. Demand for rarities has combined with buyers seeking value in Bordeaux following a market slide.
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The owners of the late jazz trumpeter Miles Davis’s trademarks sued the operators of a Manhattan jazz club called Miles’ Cafe alleging infringement.
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Jason Goldfarb, a New York attorney who pleaded guilty to passing inside information from two other lawyers to ex-Galleon Group LLC trader Zvi Goffer, was sentenced to three years in prison.
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Roy Lichtenstein’s widow Dorothy sits on the sunlit top floor of Tate Modern remembering the three decades she spent living with the pioneering pop artist.
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Wine sales by the biggest auction houses plunged 19 percent in 2012 as economic and political uncertainty in China cooled demand for trophy-name Bordeaux.
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A $1.5 million wine auction in London this week found buyers for 97 percent of its lots, signaling strengthening demand for investment-grade Bordeaux.
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