Recent Court Ruling Regarding Excess Compensation Paid to Officer and Trustee of ESOP Company: The Need for Fairness Opinions

Business Valuation Update
Data and Publications Update
May 14, 2001
employee stock ownership plan (ESOP)

Summary

Ackerman, David Insights , Spring 2001 This article discusses the case of Delta Star, Inc. v. Patton , 76 F.Supp.2d 617, 1999 U.S. Dist. LEXIS 10543 (W.D. Penn. 1999), as it illustrates the ...