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<b>Business News in Brief:</b> Lost coat victory 'will save firms a fortune'

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5th Apr 2006
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A court judgement in favour of a business in a case involving a lost coat will prevent other companies losing millions to lost property claims, an employers' group claims. The case in question involved a customer who left a coat in an unstaffed room in the Upland Park Hotel in Droxford, Hampshire. Several signs were on display saying property was left at the owner's risk but the customer took the case to the small claims court and won £100 expenses. The hotel however appealed and won which the Federation of Small Businesses (FSB) said prevented a legal precedent making firms liable in such cases. The FSB's John Walker said: "This case has wide-ranging implications. Both businesses and consumers need to be aware of it. Everyone now knows where they stand. If personal property is left in a cloakroom it is at the risk of the customer not that of the business. Disclaimer signs at the establishments will now continue to protect business owners."

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