Today (June22), the residents of the cultural free-haven ADM summoned the Amsterdam municipality in ‘Kort Geding’ (=> interim proceedings). They are claiming that Amsterdam enforces the perpetual clause in the purchase contract and thus prevents the public- and social interests of Amsterdam from being damaged by hundreds of millions.
More background information:
The terrain was purchased by Chidda Real Estate LLC in 1997 with the proviso that the municipality of Amsterdam always has the first right of repurchase and that only an authentic shipyard can be established on the 42-hectare terrain.
[Read More]