Welcome to your July Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this issue:
The ESOP Association
ESOP Association Resources
Jul. 31
On a very strong 24-2 bipartisan vote, the Senate Appropriations Committee has passed the Labor, Health and Human Services, Education and Related Agencies Appropriations Bill for the 2024 Fiscal Year that begins October 1. As one of 12 annual spending bills Congress must pass before the end of September, this is the initial step in funding the U.S. Department of Labor for the next year.
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Jul. 27
Tenth Circuit Addresses Validity of Individual Arbitration Provision Barring Plan-wide Relief in ESOP Transaction Case
The U.S. Court of Appeals for the Tenth Circuit recently affirmed the denial of a motion to compel arbitration in a putative class action lawsuit involving stock overvaluation. The case, Harrison v. Envision Management Holding, Inc. Board of Directors (No. 22-1098, Feb.
The U.S. Court of Appeals for the Tenth Circuit recently affirmed the denial of a motion to compel arbitration in a putative class action lawsuit involving stock overvaluation. The case, Harrison v. Envision Management Holding, Inc. Board of Directors (No. 22-1098, Feb.
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Jul. 26
It's a party for our second TEA IA/NE Chapter Chat episode!
Host Emily Burds (Rayser Holdings) brings together some chapter friends to discuss their experience at the 2023 ESOP Association National Conference in Washington, D.C., back in May.
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Jul. 25
Summer may be here, but there’s no vacation for TEA’s Chapter teams! We’re continuing to be all about education, as hundreds of TEA members participated in 18 Chapter events held throughout the nation in the month of June. And it’s going to be a busy summer, with ten more TEA Chapter events being offered in July and August. We’ve got Roundtables, ESOPortunity events, multi-track meetings, and golf outings planned, so please be sure to check the latest calendar and join an event near you!
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Jul. 24
Inside this Issue:
Recap of TEA National Conference
CTL Engineering, Inc. - National Company of the Year
Juston Belcher - Chapter Employee-Owner of the Year
Meet Your OH/KY Chapter Officers
New Member Spotlight
Thank Our Sponsors
Read the Newsletter Here >>
Recap of TEA National Conference
CTL Engineering, Inc. - National Company of the Year
Juston Belcher - Chapter Employee-Owner of the Year
Meet Your OH/KY Chapter Officers
New Member Spotlight
Thank Our Sponsors
Read the Newsletter Here >>
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Jul. 20
One of the best ways to build a relationship with and help educate your Member of Congress on ESOP issues is to invite them to visit your company.
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Jul. 18
Mid-summer brings with it a regular cadence for most businesses and employees. For families, school is out, summer programs have begun, and vacations are on the calendar. For many businesses, summertime brings seasonal accelerations as well. Construction of all types is well under way to hit deadlines while the sun is shining. Hospitality and entertainment are in full swing, as more Americans are out and about in the nice weather.
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Jul. 12
NEW Advocacy and Employee Ownership Month (EOM) Resources Exclusively for TEA Members
Join us this summer for two exciting webinar series to help educate our members and promote employee ownership!
Advocacy Webinar Series
A key driver of effective advocacy is a well-thought-out agenda. Over the past year, The ESOP Association’s Public Policy Council (PPC) has been engaged in an organization-wide effort to identify and offer solutions for our most critical legislative and regulatory issues.
Join us this summer for two exciting webinar series to help educate our members and promote employee ownership!
Advocacy Webinar Series
A key driver of effective advocacy is a well-thought-out agenda. Over the past year, The ESOP Association’s Public Policy Council (PPC) has been engaged in an organization-wide effort to identify and offer solutions for our most critical legislative and regulatory issues.
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Jul. 11
Longstanding Priority of The ESOP Association Includes Creation of a New Division at DOL Specifically Tasked With Growing Employee Ownership in America
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