Fiduciary Liability Insurance Archives

Fiduciary Liability Insurance

Internal Trustee Fiduciary Liability

by J. Christian Nemeth | Jan 12, 2022 | Employee Benefits, Employee Stock Ownership Plans (ESOPs), Fiduciary and Investment Issues, Privacy and Data Security, Retirement Plans

What are an employee stock ownership plan’s (ESOP) internal trustee’s fiduciary duties? What are some of the most common liability areas for trustees? And how can trustees prevent common liability pitfalls?

In this presentation, McDermott Partner J. Christian Nemeth offers insight into fiduciary duties, standards and best practices.

Access the slides.

Lessons Learned from ESOP-Owned Companies from Recent Litigation

by McDermott Will & Emery | Jul 17, 2018 | Employee Stock Ownership Plans (ESOPs)

Recent litigation and audit activity is focusing on the process undertaken by fiduciaries in connection with a transaction involving an ESOP. Eliot Burriss presented at the 2018 National Center for Employee Ownership Conference summarizing relevant litigation cases, exploring roles and responsibilities, and providing best practices.

Internal Trustee Fiduciary Liability

Lessons Learned from ESOP-Owned Companies from Recent Litigation

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