Newsletter Article November 2018

Uptick in Number of Employee-Owners

According to the latest data available from the Department of Labor, there were 6,669 ESOPs covering 14.4 million participants and holding close to $1.3 trillion in plan assets as of the end of 2015.
Member-Only Content. Login or Join to View.
Newsletter Article July 2019

Anatomy of an ESOP Transaction

ESOP transactions are usually described in very general terms, but it can often help to walk through a specific and fairly complex one.
Member-Only Content. Login or Join to View.
Newsletter Article July 2019

Case Study: Sierra Aluminum

One of the most contested and significant ESOP lawsuits in recent years was Perez v. GreatBanc Trust, which resulted in a $5.25 million settlement over the handling of the ESOP at Sierra Aluminum. This article gives some overlooked background about Sierra Aluminum's ESOP. 
Member-Only Content. Login or Join to View.
Newsletter Article November 2018

Cases & Rulings

HIGHLIGHTS: ERISA supersedes state tax law
Member-Only Content. Login or Join to View.