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Article: Schiphol Airport Ordered to Pay Damages to Chipshol Development Company.
- Article from:
- PR Newswire Europe
- Article date:
- January 13, 2005
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AMSTERDAM, The Netherlands, January 13 /PRNewswire/ -- The Court of Harlem (Netherlands) has fined Schiphol Amsterdam airport to pay damages to the Chipshol Group development company. The exact amount of the damages is to be determined by a group of experts. Chipshol demands an amount of 97.2 million euro. The company planned to develop a vast logistics business park near the airport, but says it has been thwarted by the airport for years.
The legal proceedings focus on a 30 hectares property right next to Schiphol airport. Development company Chipshol was thwarted in its attempts to develop the area while several projects were developed on surrounding lots, ...