Hurricane Irene damages sterile production area

Our client’s need

Counsel for a start-up CD and DVD replication company needed financial expertise for an insurance claim resulting from Hurricane Irene. Rain and wind damage from the storm caused water to breach the company’s sterile production area, which ruined equipment and raw materials. Because of the disaster, the company was forced to relocate its facilities.

Baker Tilly solution

Baker Tilly was retained by counsel to assist with the claim. Our specialized team performed extensive analyses of the company’s business operations and financial records, as well as third-party data. Our work provided support for the claim, which totaled more than $3 million.

Results achieved

Our work is currently being used in negotiations between our client and the insurance carrier. The matter is ongoing.

For more information on this topic, or to learn how Baker Tilly disaster recovery specialists can help, contact our team.