Our team of experienced Employee Stock Ownership Plan (ESOP) attorneys handles transactions in all areas of the United States. We represent sponsoring employers, selling shareholders, boards of directors, plan trustees, lenders and independent fiduciaries. In this arena, we work with existing counsel or serve as special ESOP counsel for a specific transaction.
Our attorneys have experience interacting with the IRS and the Department of Labor, which enables us to navigate the complex regulatory environment affecting clients.
As a full-service, national law firm with experience in employee benefits, we also assist our ESOP clients with employee benefits and compensation matters and other legal services ESOPs need.
Dinsmore attorneys are active members of the National Center for Employee Ownership, The ESOP Association, the Employee-Owned S Corporations of America, the Association for Corporate Growth and the Ohio Employee Ownership Center, providing us with a strong network of resources throughout the country. Additionally, our attorneys are frequently sought to author and speak about ESOPs on local, regional and national levels.
Dinsmore’s ESOP Fiduciary Review
- For many years, Dinsmore attorneys have offered guidance and instruction to ESOP fiduciaries, both internal and external, in fulfilling their duties under ERISA. To further assist the many internal ESOP fiduciaries, Dinsmore now offers an “ESOP Fiduciary Review.”
- For a single fee, fixed in advance, we offer internal ESOP fiduciaries a review of key documents, policies and procedures used in fulfilling their duties under ERISA. We highlight areas of concern or potential noncompliance, and provide suggestions for changes and model documents. As a supplement to the additional review, an annual “ESOP Fiduciary Check-up” is also available for a single fixed fee.