ESOPs – 101
Series: CROSS-TRAINING FOR BUSINESS LAWYERS 2018
Employee stock ownership plans (ESOPs) are plans regulated by the Employee Retirement Income Security Act (ERISA) and designed to allow employees invest in the stock of their employer. The shareholder participants/employees as well as the sponsoring company generally receive tax benefits through the use of the plan. And while they are generally touted as designed to promote employees’ interest and efforts in maximizing the value of the company for the benefit both employer and employees, ESOPs are often used as a method of corporate finance by the sponsoring company.
This webinar discusses the potential strategies involving, and benefits and consequences to, the sponsoring corporation and employees in implementation and use of an ESOP, and highlight these aspects of tax-qualified ESOPs used in the United States by comparisons to other form of employee ownership in the U.S. and abroad.
Principal Audience: Attorneys and Advisors, Business Owners and Executives, Investors
Partner: ChamberWise, West LegalEdcenter
Alan Kandel, of Husch Blackwell, counsels clients, including publicly traded, ...
Cristina Nolan, Director of Webinar Services at Financial Poise, earned ...