The Court of Appeal in The Hague has dismissed a claim of EUR 103.5 mln against VastNed Offices/Industrial brought by three companies associated with the bankrupt firm Ravenswade Ontwikkeling.
The Court of Appeal in The Hague has dismissed a claim of EUR 103.5 mln against VastNed Offices/Industrial brought by three companies associated with the bankrupt firm Ravenswade Ontwikkeling.
The claim was lodged in September 2005 and dismissed by Rotterdam District Court in August 2007. The appeal court has now confirmed the district court's ruling
Vastned O/I said this week's decision was fully in line with its expectations and its legal advisors. VastNed O/I added that it had not made a provision for the claim.
