Employee Ownership in Convenience Stores

It might seem that convenience store chains are not the most likely business to find a high concentration of ESOPs. With their high turnover and dispersed locations, ESOPs might seem a challenge.

Upcoming Events

The 2018 Vermont Employee Ownership Conference will be June 8 from 8:30 to 5:00 in Burlington, Vermont.

DOL Reaches Another Settlement Agreement with an ESOP Trustee

On May 4, the Department of Labor (DOL) reached a settlement with the insurers for Cactus Feeders, certain of its present and former directors, officers, and members of its ESOP committee, and Lubbock National Bank (the ESOP trustee), who with no admission of liability agreed to pay $5.4 million

Job Posting: Beyster Institute

The Beyster Institute at UC San Diego's Rady School of Business has posted a job opening for its executive director.

Danone Announces New Employee Ownership Plan

As part of the public launch of its 2030 goals, the 100,000-person company Danone announced its "one person, one share" program, under which "each of our employees will be granted one Danone sh

Sentry Equipment Suit by DOL Will Proceed to District Court

The Department of Labor alleges that the trustee of the ESOP at Sentry Equipment Erectors should not have relied on the valuation report for a $21 million transaction. In the case (Acosta v. Vinoskey, No. 6:16-cv-00062-NKM-RSB, 2018 BL 134718 [W.D. Va. Apr.