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Thursday, April 18, 2024

López-Ibor secures €91.5m compensation in Urban Planning dispute against Balearic Government

López-Ibor Abogados has secured €91.5m compensation (including interest) for Birdie Son Vida in an Urban Planning dispute against Balearic Government before the Balearic Islands High Court of Justice

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The High Court of Justice of the Balearic Islands (TSJB) has condemned the Autonomous Community of the Balearic Islands to compensate Birdie Son Vida with more than €63 million, plus legal interest since 2009.

The TSJB condemns the Autonomous Community of the Balearic Islands for failing to comply with an agreement that recognised the urban land status of the Muleta II land in Sóller.

In 2016, the Balearic regional government suspended the reclassification of the land as urban land and in 2017 the land reverted to rustic land. The Court explains that the Government’s 2016 Decree suspending the law that authorised the recognition of urban land was a breach of the settlement agreement and rules that Birdie Son Vida is entitled to compensation.

In total, the compensation reaches €91.5 million including interest, a figure that places this compensation as probably the highest ever fixed in the Balearic Islands for urban planning matters.

The Balearic Government has announced an appeal.

López-Ibor represented Birdie Son Vida with a team formed by its managing partner Alfonso López-Ibor and partner Pablo Henríquez de Luna, two highly experienced litigators.

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