The Taylor English ESOP team advises corporations, trustees, directors and shareholders in the use of ESOPs in ownership succession transactions, ESOP company sales, and mergers and acquisitions. Our team of corporate, tax, ERISA and employment attorneys counsels clients on all aspects of ESOP planning and implementation. This comprehensive advice enables business owners to evaluate and compare the tax and other benefits of an ESOP sale to a traditional sale to a strategic buyer or a private equity fund.
Represented business owners, plan sponsors, trustees, lenders, and related clients in a wide variety of tax issues arising in Employee Stock Ownership Plan ("ESOP") transactions ranging in value from $10-$300 million.
Served as counsel to the Trustee in the purchase by an Employee Stock Ownership Trust of the stock of a casino.
Served as counsel to an Atlanta software company in the establishment of an ESOP and sale of its stock to the related Employee Stock Ownership Trust, drafting and negotiating all legal documents and negotiating terms of sale with Trustee’s counsel and Sellers’ counsel.
Served as counsel to the Trustee for the sale of shares of a manufacturing company valued at approximately $270 million to an Employee Stock Ownership Trust. Involved a pre-transaction AAA distribution and a simultaneous redemption and ESOP sale.
Served as counsel to an Atlanta-based construction company in a second stage ESOP transaction for the sale of additional shares to an Employee Stock Ownership Trust.
- Taylor English Duma LLP | 1600 Parkway Circle, Suite 200, Atlanta, GA 30339, January 10, 2018
- September 19, 2017
- "Finance Roundtable: The ESOP Alternative to a Traditional M&A or Private Equity Sale," Technology Association of GeorgiaAtlanta, Ga., August 9, 2016