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Turbulent Times: Managing ESOP Owned Companies Through the Downturns - Key Considerations and Practical Advice

Webinars

Continuing Education Credit Offered: Generic, SHRM

Financial hardship wrought by the economic downturn adds considerable importance to ESOP-owned organizations’ approach to distributions. Participants and beneficiaries remain entitled to distributions, but new questions are raised as to the manner in which they are paid. This session will explore the nuances associated with distribution issues.

Learning Objectives

  • Understand ESOP distribution requirements during financial hardship - Identify what distributions are still required when companies face economic challenges.
  • Explore alternative payment methods - Learn practical options for managing distribution payments when cash flow is limited.
  • Apply best practices for compliance and communication - Implement strategies to maintain ESOP obligations while preserving company stability.

Coming Soon

Presenter

Erin Turley headshot Presenter company logo

Erin Turley

Erin is a partner in the ESOP and employee benefits practice group of McDermott Will & Emery LLP. Erin serves as legal liaison for the Valuation Committee of the ESOP Association. She focuses her ESOP practice on the design and implementation of ESOP transactions and provides ongoing legal counsel to ESOP-owned companies. Erin also represents lenders in designing and negotiating credit facilities specifically tailored to the needs of ESOP-owned companies.

Thank you to our Sponsors

Blue Ridge
Chartwell
KSM
McDermott Will & Schulte LLP
PCE Investment Bankers, Inc.
Prairie
Praxis
Strategic Talent Partners
Texas Center for Employee Ownership