Your ESOP should be a key component of your business’s ability to thrive. Our clients with mature ESOPs know that when the ESOP is managed with intent, it nourishes their corporate goals over the long term – not just for completing initial transactions.
That’s why much of our ESOP work involves “take-over” clients. They run the spectrum from year-old stock bonus plans to decades-old ESOPs in 100% employee-owned companies. They range from regional family-owned businesses to publicly traded financial institutions, covering virtually all industries.
Our clients look to us for guidance in nurturing their ESOP’s sustainability and realizing its potential as a management tool.
We help companies ensure that their ESOPs are sustainable and following best practices in all areas, including repurchase obligations, refinancing, fiduciary responsibility, valuations, refinancing, restatements, and reinvigoration. You can explore many of those topics on this page.
In addition to our own content, we’re pleased to bring you content from the National Center For Employee Ownership, where our ESOP attorneys are members, as well as long-time speakers and writers for NCEO events and publications.
Repurchase Liability: What Resources Do You Need For The Future
ESOP repurchase liability management demands the right tools, processes, and solutions, and a plan design that isolates fiduciary liability at the corporate level.
ESOP Refinancing: Weighing The Trade-Offs
In the life of the plan, there may be times when an ESOP refinancing is advantageous or even necessary. Essentially, the financing itself will be a fiduciary exercise as much as a financial transaction.
The Haves And The Have Nots: How Can You Get Stock To New Employees?
An ESOP can be an effective tool for recruiting and retaining employees when the plan is properly designed and managed.
Offers To Buy The Company: What Do You Need To Think About?
The most important thing to think about in the sale of an ESOP company is the ESOP trustee’s critical role.
- NCEO: Freezing Or Terminating An ESOP
Trustee And Administrative Committee Fiduciary Duties And Roles
Our attorneys work with ESOP companies to help them understand the fiduciary duties and risks – as well as the roles and responsibilities – of the various parties to an ESOP.