What the Supreme Court's Dudenhoeffer Decision Means for ESOPsNCEO Webinar replays are the recorded version of our live Webinars, using PowerPoint presentations viewed online. To purchase a twelve-month subscription providing unlimited access to all recorded Webinars, including this one, follow this link. (Replays are not available for individual purchase.) Please contact our Colleen Kearney at 510-208-1311 or firstname.lastname@example.org for additional information.
This replay was recorded on February 10, 2015.
About This MeetingIn Fifth Third v. Dudenhoeffer, the Supreme Court ruled that ESOP fiduciaries are no longer presumed to be prudent when investing in company stock, but also laid out a series of guidelines that may make it more difficult for many plaintiffs to prevail. This Webinar will review what the court decided with a particular focus on what it means for private companies.
- What is the presumption of prudence and what does it mean now that it is gone?
- What are the new pleading standards created by the court?
- Will this decision matter to private company ESOPs?
|What the Supreme Court's Dudenhoeffer Decision Means for ESOPs |
Karen D. Ng and Charles Dyke, Nixon Peabody LLP
Nixon Peabody LLPChuck is in the San Francisco office of Nixon Peabody LLP where he leads the firm's ERISA litigation practice. His experience includes litigating ESOP cases, defending complex breach of fiduciary duty claims, litigating pension plan termination cases, and handling appellate matters. In 2014, Chuck filed an amicus brief in the Supreme Court in Fifth Third Bancorp v. Dudenhoeffer as counsel of record for the ESOP Association. Chuck has been recognized as a "Northern California Super Lawyer" each year since 2007 and is listed in Best Lawyers in America. Chuck speaks and writes on ERISA litigation topics.
Karen D. Ng