ESOPs (Employee Stock Ownership Programs)

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May 15, 2017
On Thursday May 18, 2017, Colorado Governor John Hickenlooper signed into law HB 17-1214, which will provide financial assistance to small businesses seeking to transition to employee ownership. Read our client alert for more information.
Client Alert
November 8, 2016
January 8, 2015

Kutak Rock LLP attorney John Schembari recently authored an article in the November/December 2014 issue of Nebraska Banker magazine, titled “Effective Use of ESOPs for Banks.”

Article
June 26, 2014
On June 25, 2014, the U.S. Supreme Court issued its long-awaited ruling in Fifth Third Bancorp v. Dudenhoeffer, a case involving an ESOP fiduciary’s duties in deciding to sell or hold employer stock in an ESOP. For additional information, please read our client alert.
Client Alert
February 28, 2014
September 13, 2013
May 3, 2013

On April 10, 2013, the Obama Administration (the Administration) released its 2014 fiscal year budget (the Budget). This Client Alert summarizes the key proposals impacting plan sponsors as described in the Budget and the Department of the Treasury’s General Explanations of the Administration’s Fiscal Year 2014 Revenue Proposals. While it is unlikely the entire Budget will be enacted, parts of it may be passed in some form.

Client Alert