ESOPs: What They Are, Why They’re Used, Benefits, Drawbacks, and Pitfalls

Zachary Bocian, Taryn Cannataro, Andrew Graw
Lowenstein Sandler LLP
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Lowenstein Sandler LLP

In this episode of Just Compensation, Andrew E. Graw, Taryn E. Cannataro, and Zachary Bocian discuss ESOPs, employee stock ownership plans. The conversation covers the tax and non-tax benefits of ESOPs, and how ESOPs can be used by shareholders of closely-held companies to diversify all or some of their equity in the company.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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