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ESOPs: A Path to Bank Independence

May 8, 2017

Authors

Robert Klingler

ESOPs: A Path to Bank Independence

May 8, 2017

by: Robert Klingler

the-bank-accountEmployee Stock Ownership Plans offer an opportunity for banks to offer an attractive employee benefit plan, but can also do so much more.  On the latest episode of The Bank Account, Jonathan and I are joined by Bryan Cave Partner, Steve Schaffer, to discuss the advantages to banks considering implementing an ESOP.

Steve describes many of the advantages of implementing an ESOP, including allowing for smooth transitions of ownership for independent banks.  We also discuss some of the risks and the best means to avoid those risks.

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June 2012 Client Alerts

July 25, 2012

Authors

Bryan Cave

June 2012 Client Alerts

July 25, 2012

by: Bryan Cave

What do video game, music, and free online telephone networks have in common?  If your employees use them they can lead to a FTC data security investigation.

Although the days of Napster and Gnutella may be over, the technology upon which those applications were based — peer-to-peer networks or “P2P” — is alive and well in modern-day programs that share video games and music.  As two recent Federal Trade Commission enforcement actions illustrate, companies that permit employees to use P2P applications — either knowingly or unknowingly — may face government investigations and possible liability.  To learn more, please click here to read the Bulletin published by the Data Privacy & Security Team on June 19, 2012.

FTC Cracks down on the Collection of Social Media Data For Employment Decisions

A survey released this year indicates that in some industries almost 40% of employers reviewed job candidates’ profiles on social

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