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McNees Attorney to Present on ESOPs and Closely-Held Businesses

January 14, 2021
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HARRISBURG, Pa. – (January 14, 2021) McNees Wallace & Nurick LLC attorney Renée Lieux will explain why an ESOP can be a valuable tool for a closely-held business in a webinar hosted by Lorman on Thursday, January 21, 2021.

Renée will explain the benefits of establishing an ESOP and detail the practical issues involved in deciding whether to establish an ESOP; describe the traditional ESOP transaction; discuss the compliance, administrative and governance issues involved in administering an ESOP; and identify the tax advantages of establishing an ESOP.

To learn more about the presentation, click here.

Renée practices in the McNees Labor & Employment Practice Group where she focuses on executive compensation and employee benefits.  She assists private and publicly traded companies in negotiating employment agreements, severance agreements and plans, and director and executive compensation programs.  She designs, assists in the implementation of, and analyzes non-qualified deferred compensation plans, equity compensation plans, and cafeteria plans.  Clients also seek her assistance with the administration, compliance, and termination of defined contribution plans, defined benefit plans, profit-sharing plans, 401(k) plans, ESOPs, and employee stock purchase plans.