Shareholders, Fair Market Value, Valuation

In Management Equity Repurchases, Who Determines Fair Market Value?

Goodwin on 7/28/2025

A majority of private equity firms prefer for their boards to value departing management’s equity, but approaches vary based on the applicable circumstances. When management equity holders leave a private equity-backed...more

Navigating ESOP Transactions: Essential Steps to Minimize DOL Scrutiny from the Start

Bricker Graydon LLP on 11/4/2024

In a recent court ruling, the US Department of Labor (DOL) prevailed against corporate directors and shareholders for claims related to an Employee Stock Ownership Plan (ESOP) transaction. ...more

Equity Compensation: Navigating 409A Valuations

Pillsbury - Propel on 9/12/2024

Private company clients frequently ask us about granting compensatory stock options to their founders, employees and other service providers, including board members, consultants and advisors. Options and other equity awards...more

Redemption Agreements and Life Insurance Proceeds: What the SCOTUS Decision in Connelly Means for Closely Held Businesses

Levenfeld Pearlstein, LLC on 8/20/2024

Many closely held businesses have shareholder buy/sell redemption agreements. These agreements are critical to maintaining business continuity when a key shareholder exits the company. When the redemption agreement is...more

IRS and Treasury Issue Interim Guidance on 1% Stock Buyback Tax

King & Spalding on 12/30/2022

On December 27, 2022, the IRS and Treasury issued Notice 2023-2 (the “Notice”), which provides guidance relating to the application of the new excise tax on repurchases of corporate stock (the “Stock Buyback Tax”) under...more

Gift & Estate Tax Valuation: 5 Things To Remember

Opportune LLP on 4/28/2021

Here are five things to remember when performing the valuation of shares of a closely held entity for gift and estate tax reporting...more