Menke to present at the 2019 ESOP Association Hawaii Chapter Annual Conference October 17
Honolulu's Japanese Cultural Center of Hawaii to host the conference
By: The Menke Group
HONOLULU - Oct. 15, 2019 - PRLog -- Victor Alam, Corporate Counsel for Menke, to lead Sessions 1 and 3 on October 17th:
- Session 1: Current Issues Facing ESOP Companies: Legal, Financial, Operational & Transactional
- Session 3: Special ESOP Administration Issues: Mature ESOPs, Repurchase Liability, Plan Features
As an attorney, Victor specializes in the design and installation of ESOPs, as well as the structuring of ESOP transactions. He has extensive experience advising clients on plan administration issues, ERISA fiduciary matters, Internal Revenue Service & Department of Labor compliance issues, as well as corporate mergers & acquisitions involving ESOPs. He has been with Menke since 1991 and has been involved in hundreds of ESOP transactions. Victor is a frequent speaker and author on all aspects of ESOPs. He is a member of the California Bar Association, Legislative & Regulatory Advisory Committee of the ESOP Association, and the NCEO. He has also conducted ESOP training classes for the Employee Plans Division of the Internal Revenue Service.
Visit the Menke Booth
Stop by our booth to talk ESOPs with us. Whether its ESOP administration, ESOP valuation, share repurchase obligations, a feasibility study or a second stage transaction, we love to talk ESOPs with you. Learn how we deliver value to you by combining our deep ESOP expertise and holistic approach.
ESOP is an acronym that stands for Employee Stock Ownership Plan. The purpose of an ESOP is to enable employees to acquire a beneficial ownership in their Company without having to invest their own money. As such, they are primarily used for business succession or employee benefit purposes. ESOPs enjoy several tax advantages over their non-ESOP counterparts. According to the NCEO, there are currently around 7,000 ESOP plans in the U.S. According to several studies, ESOP's often enjoy higher productivity and lower turnover compared to non-ESOP companies.
Menke & Associates was formed in 1974, upon the passing of ERISA. John Menke, President of Menke, co-authored the ESOP legislation under ERISA, which codified them into law. Menke has enabled over 3,500 companies to successfully transition to employee ownership. The only single source ESOP advisor, we proudly call ourselves The Nation's Premier ESOP Advisor. Our comprehensive ESOP platform provides everything you need to setup and maintain an ESOP, including Structuring, Legal & Tax Compliance, Valuation, Repurchase Obligation Studies, Documentation, Debt Capital Raising, Employee Communication, and Administration. Learn more at www.menke.com