How to Claim for Loss Effectively if a Golf Course is Shut Down?
Mr. Wong paid a membership fee amount to 250,000 for a life membership of a golf course in 2011. Unexpectedly, 5 years later, the course was ordered to suspend the business due to the illegal land occupation. So Mr. Wong required the course to refund the membership fee, and the appreciation part. Finally, the court only decided the course to refund partial of the membership fee. Recent years, due to the regulations on clean up and rectify golf courses issued by the National Development and Reform Commission and other authorities, many golf courses were shut down, which are followed up…