The spring 2020 Insights from Willamette Management Associates focuses on ESOP employer stock valuations and contains a number of articles, such as “Employee Stock Ownership Plan Financial Feasibility Analysis: Financial Considerations for Shareholders” (Robert F. Reilly), “Valuation Treatment of the Repurchase Obligation Liability” (Kyle J. Wishing), “The Fiduciary Process for the Annual Update of the ESOP Share Value” (Frank “Chip” Brown), “Pizzella v. Vinoskey: A Costly Lesson to Learn” (Lisa H. Tran), and more.
Extra: Wishing and Brown recently did a BVR webinar along with attorney Chelsea Mikula (Tucker Ellis LLP). The webinar, Projection Issues Raised in ESOP Litigation, discussed some controversial matters in recent ESOP cases, such as the DOL improperly redefining the concept of fair market value and the lack of qualifications of the agency’s expert.
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