Consider a Co-op in the sale of a Closely Held BusinessBy Tracy J. NugentMarch 2007Owners of closely held businesses often consider establishing an Employee Stock Ownership Plan (ESOP) as a means to share with workers the expected growth in the value of the company and also to provide the additional incentive associated with equity ownership.
Puleo v. Topel—A testament to the protection afforded by LLCsBy Edward J. Jarot, Jr.February 2007When advising a client about the benefits of operating his business under the protective shell of a corporation or limited liability company, many advisors tend to focus on the tax and employee benefit differences between the two business forms, without much detailed attention paid to the differences from a liability and asset protection standpoint.
