Economy
Property dispute
Developer Kindy Fritsch announces €130 million claim against city of Esch
Luxembourg property developer Kindy Fritsch has announced a €130 million damages claim against Esch-sur-Alzette over the stalled Portal eent housing project, accusing the commune of deliberate sabotage. The figure, disclosed on LinkedIn rather than filed in court, would rank among the largest private claims against a Luxembourg municipality. It lands as Fritsch's empire faces insolvency and a major fraud investigation.