Memory Lane sold cards they didn't have per SCD

[brianp-beme]

Originally Posted by Mark17

+1

Great post. Worth at least 25 cents.

I agree, Adam seems to have a scoop on how this legally was probably a very poor choice by the auction house, as well as just being a damper on their reputation. Definitely a post worth up to $100.00 in my view (but evidently only a phantom auction could determine its true worth).


brianp(arker)-beme

[ricktmd]

I highly doubt the insurance carrier for Memory Lane believes they are the ones that have the lion share of the exposure. Memory Lane and its insurers will be looking for the Best Western Strongsville Carrier to cover the loss at their hotel I would bet. It is also more likely than not that the Best Western is owned by others who pay to fly the BW flag and not a corporate owned hotel. I am involved in partnerships on two Best Western properties where we pay a license fee. Our insurance carrier would be expected to perform or get sued. It will be interesting to see who take the loss if the cards don't show up.

[Exhibitman]

Originally Posted by ricktmd

I highly doubt the insurance carrier for Memory Lane believes they are the ones that have the lion share of the exposure. Memory Lane and its insurers will be looking for the Best Western Strongsville Carrier to cover the loss at their hotel I would bet. It is also more likely than not that the Best Western is owned by others who pay to fly the BW flag and not a corporate owned hotel. I am involved in partnerships on two Best Western properties where we pay a license fee. Our insurance carrier would be expected to perform or get sued. It will be interesting to see who take the loss if the cards don't show up.

I believe there is a state law in Ohio limiting the liability of innkeepers for lost or stolen customer property to a very small amount. I read it on the back of the hotel door last time I was in Cleveland for a National. Every place I've ever traveled has the same sort of rules. The BW will probably happily hand over the $500 or whatever it is and call it a day.