A company’s founders (and sole directors) contest DOL allegations that they failed to prudently monitor the independent ESOP trustee’s duty to not overpay for the stock. M&A Stories June 17, 2021 Introduction An exit strategy for an owner of a…
A company’s founders (and sole directors) contest DOL allegations that they failed to prudently monitor the independent ESOP trustee’s duty to not overpay for the stock. M&A Stories June 17, 2021 Introduction An exit strategy for an owner of a…
Introduction One exit strategy for a business owner is to sell your company to an ESOP; especially if there are no serious buyers. However, those transactions are highly regulated by the federal government and must be done right. The deal…
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