In coordination with Chubb, a leading provider of commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance, Groom is continuing its “Chubb’s ESOP Series,” a collection of whitepapers examining key legal, fiduciary, and litigation issues impacting employee stock ownership plans (“ESOPs”).
In the second installment of the series, Groom principals and litigation practice chairs Lars Golumbic and Andrew Salek-Raham, together with associate Larry Blocho, authored “Understanding Mature ESOPs and Sustainability Challenges.” The whitepaper explores the unique operational, fiduciary, and financial issues that arise as ESOP-owned companies mature, including repurchase liability, long-term sustainability planning, valuation concerns, corporate governance considerations, and evolving litigation and regulatory risks.
“As ESOPs mature, fiduciaries are facing a very different risk landscape than they did during the initial transaction phase,” said Groom principal Lars Golumbic. To read the whitepaper, click here.
