Last fall, the New York State Liquor Authority (“NYSLA”) caused a stir in the fine wine market when it proposed to limit the sale of private collection wines. In a draft advisory intended “to provide guidance to manufacturers, wholesalers and retailers of wine or liquor with respect to proper purchase and sale of private collection wines and liquors,” NYSLA set forth a narrow and perplexing definition of “private collection wine.” This definition would have reduced the amount of wine that could be sold without a license. Now, the Authority has backed away from its plan to rein in these transactions.