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Court is blocking 96 million euros compensation payment to property developer Matthias Kühn
The Balearic government has paid compensation owed to the property developer, but the high court is holding on to the money.
Andrew Ede31/05/2024 07:28 Matthias Kühn under investigation for Tax Agency debt
The potential debt is in excess of eleven million euros.
96 million euros compensation for land in Soller now worth 160,000 euros
Muleta II in Soller was originally classified for development in 1968.
Balearic government to pay almost 100 million euros to German property tycoon Matthias Kühn
The Balearic government has a period of two months to pay 63.5 million euros as the main claim plus another thirty million euros in interest since the lawsuit was filed.
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