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Best Practices for ESOP Trustee and ERISA Compliance
Butterfield Schechter LLP 
June 3, 2019 "ESOP deals may see increased scrutiny by the [DOL] (DOL) when valuation includes control premiums and controlling sellers that can sell back warrants in the future. The more the ESOP transaction strays from standard ESOP deals, the more the DOL and employee participants may look at the valuation of the company stock." [Brundle v. Wilmington Trust, N.A., Nos. 17-1873, 17-2224, 17-2323, 17-2324, 18-1029 (4th Cir. Mar. 22, 2019)] MORE >> |
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