Directed Trustees Can Take Many Roles

Over the years, we have talked to many companies that have directed trustees, usually an outside institution. Directed trustees have very limited fiduciary responsibility.

Discharged Executives Options Can Be Valued at Time of Discharge

In Scully v. US WATS Inc. (3rd. Cir., No. 99-1590, 2/1/01), an executive, Mark Scully, argued that the options he was given at the time he was fired should have been valued effective as of the date the options were to expire, not when he was terminated.

Discounted CEP Registration for NCEO Members

The Certified Equity Professional Institute (CEPI) at Santa Clara University offers the only recognized certification for the equity compensation industry.

Discover the Path to Empowering Your Employees through ESOPs

We are excited to present our highly anticipated 1.5-day seminar Is an ESOP Right for You? in New Orleans from October 24–25,2023. As the ESOP landscape grows, this event aims to equip entrepreneurs, business owners, and HR professionals with in-depth knowledge on ESOP transaction structures, plan design, financing, and more.

Discussion on European Commission's Employee Ownership Plan

In October, the European Commission released a pilot project to support the development of employee ownership throughout Europe, Promotion of Employee Ownership and Participation. In additional to legislation, the pilot project suggests forming a virtual employee ownership center, launchin

District Court Dismisses Lawsuit Against ESOP Fiduciaries at Lifetouch

On November 7, Judge Joan N. Ericksen of the U.S. District Court for the District of Minnesota dismissed a lawsuit filed by Lifetouch ESOP participants who claimed that they were not protected against losses as the photography company faced challenges to its business model.