Kurniawan’s Cellar Eyed as Compensation for Victims: Convicted wine fraudster Rudy Kurniawan’s wine cellar may be a source of compensation for victims of his crime, according to this report in Decanter magazine. Victims of his fraud are owed upwards of $30 million, according to the article. One problem? Investigators will need to comb through his collection to ascertain the authenticity of his wines. Stay tuned.
Start Saving for Your Napa Vineyard Now: Another generation and prime Napa Valley, California vineyards could cost just as much as a prime plot in Burgundy, France, according to vineyard real estate experts interviewed by Wine-searcher.com. What will it cost you? Up to $1 million per acre, according to this report.
Jackson Expands to South Africa: Continuing to expand its footprint of vineyards across the globe, California’s Jackson’s Family Vineyards has purchased a 120-acre farm in the Banghoek Valley of the Stellenbosch region, according to this report in the Shanken News Daily blog. With 20 acres of vines, Jackson plans to release a Chardonnay called Capensis starting with the 2013 vintage.
Not so Fast: Despite a whirlwind of recent storms, reservoir levels in California remain at half their average levels, according to this article in Wines and Vines magazine. The California Department of Water Resources predicts the state needs six more similar storms to end the long-term drought, according to the report. Conserve, people!
Because We Couldn’t Get Our Gift Recommendations Act Together: Several thoughtful wine-related gift ideas from Alder Yarrow this week in this holiday-related blog post on Vinography.com. There’s some good options here – from stocking stuffers to more expensive items. Happy holidays to all! Be merry, drink well, and be safe!