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Thursday, August 14, 2008

Product Recall : Risks, Liability and Remedies

At the invitation of HUB International, one of the world’s largest insurance brokerage firms and a longtime client of Lowis & Gellen, partner Gerald Haberkorn made the first in a series of presentations on product liability and recall to an audience of over 100 of HUB’s retail and manufacturing clients.

Topics included the strategic considerations in managing a product recall and to minimize damage to the company's brand, operations and finances, protecting profitability, the financial impact of product recall in different industries and the insurance solutions for product recall exposures.

Haberkorn addressed the legal perspectives of product recall, discussing the recent losses incurred by grocery chains and restaurants in this summer’s tomato scare, and the recourses available to reduce commercial vulnerability and liability in similar instances.

In November, Haberkorn, at the invitation of Good Foods and Avure Technologies, will speak on recalls and remedies at the “HPP Food Forum,” an inaugural industry event for food processing companies and major retailers.

If you are interested in providing a presentation for your staff, clients or customers, please contact Gerald Haberkorn directly at 312.456.2701 or geraldh@lowis-gellen.com