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FUZHOU MCDONALD'S FOOD CO LTD v JIANGXI LONGJIYE INDUSTRY DEVELOPMENT CO LTD

Chinese Maritime & Commercial Law Reports

FUZHOU MCDONALD'S FOOD CO LTD v JIANGXI LONGJIYE INDUSTRY DEVELOPMENT CO LTD

[2017] 1 CMCLR 11

JIANGXI HIGH PEOPLE'S COURT OF CHINA((CIVIL JUDGMENT))

Before Presiding Judge Deng,Acting Judge Jiang,Acting Judge Li,Court Clerk Liu

Rental contract dispute – McDonald's concluded rental contract with landlord for operation of a restaurant – Rental hire to be a percentage of monthly sales turnover of restaurant – World financial crisis – Drop in McDonald's monthly sales turnover – Doctrine of change of circumstances – Whether world financial crisis a normal commercial risk or change of circumstances.

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