As announced in the January, 2011 issue of BVUpdate
, the Department of Labor seems committed to it’s proposed regulation defining ESOP appraisers as fiduciaries. This may drive many business valuation firms out of the ESOP business–or will it? On May 19 BVR welcomes attorney Jared Kaplan
(McDermott Will & Emery LLP) for “The Appraiser’s Role in ESOP Valuations: The New Regulation That Makes Appraisers ERISA Fiduciaries
,” a one-hour webinar examining how these new regulations will affect both the valuation process and the appraiser’s liability.
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