Join us in Albuquerque this October for our Fall ESOP Forum

Are you an NCEO member? Learn more or sign up now.

Home » Webinars »

WEBINAR REPLAY

Handling the Repurchase Obligation- Legal Issues

NCEO 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 Andrea Johnson at 510-208-1309 or ajohnson@nceo.org for additional information.

This replay was recorded on August 15, 2017.

About This Meeting

Closely held ESOP companies have a specific legal obligation to buy back stock from departing and diversifying employees. This Webinar will describe these requirements and explore than various alternative approaches you can use on such issues as the timing, form, and requirements for distributions, including lump-sum versus installment payments, account segregation at termination, changing when distribution occurs, diversification requirements, what valuation to use, and more.

You will learn:

Presenter

Howard Levine

presenter photologo

Drinker Biddle & Reath LLP

Howard is a partner in the Chicago office of the law firm of Drinker Biddle & Reath, where he serves as chair of the firm's national ESOP transactional team. He focuses his practice on all aspects of employee benefits law, including executive compensation, ESOPs and ERISA fiduciary matters. In the ESOP area, he represents plan sponsors, selling shareholders, and independent fiduciaries in the design, implementation, operation, and termination of ESOPs, and in the sale of ESOP-owned companies.