ESOP Benefit Distributions - A Little Guidance on Financial Disclosure

In a recent California case, Balsley v. Delta Star Employee Stock Ownership Plan, the U.S. District Court in San Francisco added a little flesh to the bare bones questions of what if any financial disclosure must a company make to ESOP participants in connection with their benefit distributions.
 

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Timing Problems and Solutions for ESOP Diversification Elections

ESOP Diversification

The January 1, 2007 effective date of the new investment diversification rules for ESOPs with publicly traded stock got us thinking about the diversification rules that extend to companies whose stock is not publicly traded. These rules include some rather difficult timing requirements for most ESOP companies.
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Sheppard Mullin Announces New ESOP Blog

We are pleased to announce that Sheppard Mullin and Larry Goldberg  have launched a new blog on Employee Stock Ownership Plans (ESOPs). You can access it at http://www.esoplawblog.com.  A blog is an online web journal. You will now be able to access up-to-date information on  ESOP Law.

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