Steven M. Burke, chair of McLane’s Tax Department and managing director of the firm’s Woburn, Massachusetts office, was recently featured on a panel discussing the outlook for ESOPs in 2013 for reads of Financier Worldwide.
In the “Talking Point” Roundtable, J. Michael Keeling, president of the ESOP Association, asked three thought leaders from across the country to elaborate on the place of the ESOP structure in today’s small businesses and large corporations, and their predictions for the future popularity of this financing strategy.
The discussion covered considerations for implementing an ESOP, the tax, liquidity and employee incentive advantages of operating as an ESOP, and oversight by regulators of ESOPS of businesses large and small.
The full text of the article can be accessed at http://www.financierworldwide.com/article.php?id=10373
For over 25 years, Steve Burke has devoted his practice to advising on mergers and acquisitions, ESOP transactions, governance and tax matters, , business succession and sophisticated executive compensation. He also advises high net-worth individuals, families, and fiduciaries on estate planning, trust administration and wealth preservation. He serves as counsel for ESOP fiduciaries, trustees of significant charitable, educational, and tax-exempt institutions, offering advice on fiduciary, governance and tax matters. He can be reached in the Manchester, New Hampshire office at (603) 628-1454 or at the Woburn, Massachusetts office at (781) 904-2711 or by email at steve.burke@mclane.com.
About Talking Point
Financier Worldwide’s “TalkingPoint” section features Q&A sessions with influential figures in markets around the globe. They often set the tone for key developments in the sector and influence strategic thinking around the profession. TalkingPoint discussions cover a wide range of topics including mergers & acquisitions, private equity & venture capital, restructuring & insolvency, banking & finance, capital markets, fraud & corruption, litigation & dispute resolution, risk management, operational strategies, accounting & financial reporting, boardroom issues, legal & regulatory developments, sector analysis, and more.
About the McLane Law Firm
Founded in 1919, McLane, Graf, Raulerson & Middleton, Professional Association is the largest full-service law firm in the state of New Hampshire, with offices in Manchester, Concord and Portsmouth, as well as Woburn, Massachusetts. Driven by the firm’s depth of sophisticated legal expertise and an unwavering commitment to client service, McLane has built collaborative and lasting relationships with a broad spectrum of domestic and international clients. www.mclane.com