7 Fukushima Golf Courses sue TEPCO for lost revenue

On November 30, 2011, seven of the forty golf clubs that form the Fukushima Prefectural Golf Association filed a claim against TEPCO for damages arising from loss of income.

The clubs have reported a total loss in revenue of 247 million Yen (3.16 million Yen) between March and August, 2011, which they say was directly attributed to the radiation fears from the troubled nuclear power plant.Read more


Goldman Sachs kicked off golf course

nanso-country-clubAfter buying the Nanso Country Club in 2006, and putting the club under bankruptcy protection (with liabilities of 12.8 billion Yen) in January of 2010, Goldman Sachs lost control over the management of the club in a court petitioned filing on July 6, 2010.Read more