News
-
Strong Successor Management Key to ESOP Success?
Mar 5, 2018The Minneapolis StarTribune recently published an interview with Paul Halverson of Chartwell Financial Associates. When asked what makes for a successful ESOP company, Mr. Halverson pointed to a strong management team that can perpetuate the company Read More About Strong Successor Management Key to ESOP Success?
-
Who is a good ESOP Candidate? Start with the Two “L’s”
Jan 5, 2018 | Timothy L. StewartThe best answer for the “profile” question? A business owner who really cares about the two “L’s” – Loyalty and Legacy. Caring about the two “L’s” is not a prerequisite to being a good candidate for an ESOP. But in our experience, if that is where th Read More About Who is a good ESOP Candidate? Start with the Two “L’s”
-
NY / NJ Center for Employee Ownership Opens at Rutgers University
Dec 7, 2017 | Timothy L. StewartLast month, NJTV News (PBS) interviewed Bill Castellano, Executive Director of the New York / New Jersey Center for Employee Ownership, explains that the Center has been established to help address the “silver tsunami” of business founder retirement. Read More About NY / NJ Center for Employee Ownership Opens at Rutgers University
-
“Certified EO” Launches in September 2017
Sep 29, 2017 | Timothy L. StewartIn an article on Forbes.com, Darren Dahl discussed the creation of a new employee ownership association called “Certified EO” (EO for employee-owned). Read More About “Certified EO” Launches in September 2017
-
On July 19, Senator Pat Roberts (R-KS) introduced legislation designed to enhance certain tax and other benefits for S Corporation ESOPs. The legislation is a significantly bipartisan effort, with 9 Republicans and 13 Democrats comprising the bill’s Read More About Legislation Demonstrates Continuing Bipartisan Support for ESOPs
Recent News
Disclaimer
One of the best features about our website articles and blog entries is that they are timely—you get up-to-date information on the law as it exists at the time. The downside is that the law changes, but our older entries don't. That means we can't guarantee you are getting the most current law when reading through past entries. Please don't take these articles and blog entries and rely on them as legal advice. Give us a call instead, for specific and pointed advice for your particular situation. Note that contacting us does not create an attorney-client relationship, unless you are accepted as a client of the firm.