There were a lot of lawyers discussing it in the other thread and whether or not owners want to admit it, the old contract does
not say you get full payment
no mater what. The lawyers were picking apart the contract and pointed out all these unclear circumstances. It's actually incredible how irresponsible David's was to not account for this situation in their contract. Setting aside a pandemic there could have been a hurricane or fire that could have caused similar issues. They had to have known and just assumed it would never be ALL resorts at one time and they'd cross that bridge when they came to it.
Based on the old contract I don't think any owner would be able to legally collect anything. Yes, it is a small amount, so maybe not worth the hassle, but also complicated by the fact David's is a Canadian company and many renters are not Canadian. David's also could not legally force owners to return the money (even thought they asked and some did) so their contract didn't even cover themself. That's why I think no one took any actual legal action. Some renters did file chargebacks and it sounds like they are getting them approved. Some report they did have to provide documentation of the contract and voucher terms, so I am sure CC companies are looking at it from a legal aspect as well. Basically the old contract was crap