Case Study: a national food supplier achieves financial recovery after a nationwide recall with BDO

National Food Supplier manages a 50-state recall with BDO

A national food supplier faced an unmanageable, multi-state recall event after a contaminated ingredient entered the US food supply. The total liability was unknown as damages from downstream manufacturers mounted. BDO was engaged to guide the supplier through the financial recovery process and manage the insurance claims.

BDO led the entire recall recovery effort, coordinating with counsel and the broker to maximize insurance recovery across multiple policies. They performed a critical exposure analysis using Monte Carlo simulations to estimate financial impact and acted as the main point for evaluating claims and liaising with insurers. BDO's guidance and analysis provided financial certainty, allayed investor fears, and mitigated damages throughout the multi-year event.