October 17, 2022

ESOP Updates in Hawaii

The Hawaiian Chapter of The ESOP Association is holding its first in-person event of the year on October 20 and the Menke Group will be there! Our Senior Corporate Counsel, Victor Alam, will be making two presentations at the conference in Honolulu:

Current Issues Facing ESOP Companies
Special Administration Issues
- Rebalancing, Reshuffling, Recycling, Diversification and Re-leveraging

Victor’s talks will provide deep insight into a range of issues that companies owned by an Employee Stock Ownership Plan (ESOP) face. The “Current Issues” talk will explore US Department of Labor enforcement activity, handling the sale of an ESOP company and changing or replacing trustees while the “Special Administration” presentation will investigate the rules and procedures governing share allocation and distribution scenarios and how ESOP companies address these scenarios.

Both presentations will take place during the morning of October 20. It should be a great day of information sharing, learning, and networking with the ESOP community in Hawaii!

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