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.