Railroad Rolling Stock Manufacturing
This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing and/or rebuilding locomotives, locomotive frames, and parts; (2) manufacturing railroad, street, and rapid transit cars and car equipment for operation on rails for freight and passenger service; and (3) manufacturing rail layers, ballast distributors, rail tamping equipment, and other railway track maintenance equipment.
Is Failure to Apply DLOM a Breach of ESOP Trustee’s Fiduciary Duty?
Court remands case for review of whether ESOP trustee breached its fiduciary duty by failing to apply a marketability discount to large, privately held company stock.
Armstrong v. LaSalle Bank National Ass’n
Court remands case for review of whether ESOP trustee breached its fiduciary duty by failing to apply a marketability discount to large, privately held company stock.
Krapf v. United States
Issue was the value of stock claimed as a charitable donation.