Why is Everyone Talking about ESOPs?

Hilton Columbus at Easton 

 

Panelist:   Rich Helmreich, Porter Wright Employee Benefits Practice Group

                 Ted Lape, Lazear Capital Partners 

                 Ed Mueller, Axia 

 

There has been a surge in Employee Stock Ownership Plan formations the last few years. Learn about some of the reasons for considering this alternative: selling your stock tax-free, the company becoming tax-free, the benefits for the employees, the additional benefits for key employees, impact on performance, management's ability to continue to run the company, and maintaining a tenant for the real estate. This panel will explain how it works, as well as, pros and cons versus selling to a third party, legal considerations, financing, and cultural issues.