Employee Stock Ownership Plans (ESOPs) can be effective tools for business owners seeking helpful employee recruitment and retention devices, ownership structures, succession planning strategies, and tax advantages. ESOPs are popular for a number of reasons, including their flexibility as a source of liquidity for shareholders—without the loss of a company’s unique culture that comes with the sale to a third party. Used properly, ESOPs are an intricate tool of corporate finance. Likewise, ESOPs can be particularly useful in financing acquisitions, “going private” transactions, and spin-offs of subsidiaries. Many closely held companies have chosen to convert to full or partial ESOP ownership. Can you and your practice afford not to be conversant in the tactical use of ESOPs?
The panel addresses the strategic, financial, and compliance-related issues associated with ESOP design, implementation, and maintenance strategies. The faculty also explains how to finance an ESOP transaction. This focused dialogue offers you a unique opportunity to gain valuable practical insight into the nuances of representing sponsoring employers, selling shareholders, plan trustees, lenders, and independent fiduciaries.
You have the opportunity to ask the expert panel questions and hear directly from practitioners who have been involved in hundreds of ESOP transactions. Don’t miss this opportunity to learn about the valuable benefits an ESOP can bring to your client’s companies.