Sorry if I'm being an idiot but can that page be translated?
Have you heard of Google translate!?
Etxaniz faces a claim of more than seven million euros for its management at Privilege
@ Noudiari / The Commercial Court No. 2 in Palma de Mallorca yesterday held a trial in which the future and the past of one of the most prestigious clubs in the island, the privilege is debated. The majority owner of the company that owns this club, José María Etxaniz, faces a claim that could exceed seven million euros for the management carried out in recent years.
Nightclub Privilege
Nightclub Privilege
The lawsuit, filed by the minority shareholder, the commercial Bahia de Sant Antoni SL, which has a 45% stake, refers to the way in which Etxaniz has managed the rental of Privilege. A consideration of the plaintiff, Etxaniz would have benefited in recent years to rent the nightclub you link companies to him at a price well below market cost, which has made the ownership of privilege has not obtained the benefits it pertocarían have followed real market prices.
According to a ruling by the Criminal Chamber of the Supreme Court in 2013, where another scuffle between the two parties denounced, it is noted that Ibiza Supplies SA the company was majority shareholder, with 99% of its share capital, San Antonio Bay.
The beginnings
The history of Privilege, formerly known as KU, started in 1978 when three young Basque businessmen, José Luis Anabitarte (Gorri), Javier Iturrioz and Jose Antonio Santamaria landed on the island of Ibiza after buying at auction the famous garden "Club San Rafael ". That garden was renamed KU, as the name of your club who was in San Sebastian.
In the mid 1980s, this secret garden became the crucible of international millionaires, aristocrats, movie stars, pop stars, athletes, designers, people from Ibiza, hippies, gays, quirky and eccentric clubbers at night, all mixed to experience euphoria surreal night sessions.
KU grew exponentially, and became the most famous disco in Europe.
In 1990, KU was closed for renovations and after the tragic death of Santamaria in 1993, the legendary venue changed hands businessman Jose Maria Etxaniz, who became majority owner of the nightclub which was renamed privileges in 1995.