Blog Archives

Court may unwind owner sale of company to ESOP because price too high

Company is a Hawaii architectural firm. On April 27, 2018, the U.S. Department of Labor filed a lawsuit in a Hawaii federal district court alleging that ESOP Trustee and Owners caused the Company‚Äôs ESOP to purchase the Company’s shares from

Posted in sale of business to ESOP Tagged with: , , ,

Utah case is a lesson for selling your stock to an ESOP

This is the story of Dale and Julie, husband and wife, who owned a Utah company that was started in 1952 and sold and implemented computer products. As an exit strategy Dale and Julie established a company ESOP. From 2007

Posted in sale of business to ESOP

Recent Comments

Categories