Written for ESOP fiduciaries and trustees, this Brief discusses the interplay of synthetic equity, warrants, and various valuation methods.

Using opportunity cost to understand the true cost of the repurchase obligation on an ESOP company’s share price.

Understanding the repurchase obligation and its effect on an ESOP company’s valuation.

How to use convertible preferred stock in an ESOP.

This ESOP Brief explains how an ESOP company’s repurchase obligation should be understood and managed, and how the repurchase obligation associated with the ESOP should be reflected in the valuation.

This ESOP Brief introduces the concept of opportunity cost and the implications for share price when private companies devote resources to fund repurchase obligations.

Both S corporation and C corporation ESOP companies must be prepared to pay cash equal in value to stock in a participant’s account, per ERISA distributions rules.

A guide to the ERISA rules all ESOP fiduciaries need to know to fulfill their obligations.

A guide to the rules surrounding ESOP distributions including an overview of The Put Option.

There are various tax incentives to encourage companies to consider an ESOP. This Brief discusses an employer’s ability to use tax deductible funds to service ESOP debt and the advantages of deductible cash dividends.