There are more than 20 million family-owned businesses in the U.S. Very few family businesses successfully transition from one generation to the next. This article compares the “old technique” to the “new technique” of transitioning a family business.
What Private Equity and Family Office Groups Should Know About Purchasing a Company Owned by an Employee Stock Ownership Plan
There are several unique liability issues associated with the purchase of an employee stock ownership plan company which are often overlooked by the purchaser. This article discusses some of the unique liability issues in order to avoid any surprises post-transaction, as well as possible solutions to address these issues.