Broadcast Date: Thursday, June 09, 2022 from 12:00 pm to 1:00 pm (ET)


Employee Stock Ownership Plan (ESOP) may not always be a good move for every business because of the complex operating rules and high legal compliance costs that surround it. Many employees remain skeptical due to several issues including lack of diversification, cash flow difficulties, and share price dilution. Thus, to further encourage employee ownership, Section 874 of the National Defense Authorization Act (NDAA) for Fiscal Year 2022 will award sole-source follow-on contracts to eligible ESOP-owned businesses.

Listen as experienced practitioners in ESOP-related transactions Mr. Eli Burriss (Katten Muchin Rosenman LLP) and Mr. Scott Adamson (ArentFox Schiff LLP) provide the audience with the recent trends and developments in employee stock ownership plan (ESOP) as well as its implications in litigation matters. Speakers, among other things, will offer practical tips and strategies to avoid non-compliance and potential lawsuits.

Key issues that will be covered in this course are:

  • ESOP Trends and Developments
  • Implication on Litigation Matters
  • Common Perspectives on ESOP
  • Demystifying the Section 874 of the NDAA for Fiscal Year 2022
  • Practical Tips and Strategies to Avoid Legal Risks
  • What Lies Ahead


Course Level:



Advance Preparation:

Print and review course materials


Method of Presentation: 

Live Webcast



General knowledge of labor and employment laws


Course Code:



NY Category of CLE Credit:

Areas of Professional Practice


Total Credit:

1.0 CLE

Speaker Panel:

Eli Burriss, Partner
Katten Muchin Rosenman LLP

Eli Burriss represents clients in sophisticated litigation matters, with a scope that includes derivative actions, M&A disputes, software license and data breach litigation, antitrust litigation, and trade secret litigation. Eli also has extensive experience litigating matters that arise under the Employee Retirement Income Security Act (ERISA), including 401(k) litigation, employee stock ownership plan (ESOP) litigation, and representing some of the world’s largest health plan administrators and insurers, advising on a variety of litigation matters, including anti-fraud litigation, provider disputes and regulatory issues.

Scott Adamson, Partner
ArentFox Schiff LLP

Scott draws on three decades of corporate transactions experience to represent public and private strategic and financial buyers and sellers, emerging businesses, and family offices and business owners. He is also a go-to advisor for ESOP-owned company management, institutional trustees, and equity sponsors in ESOP transactions and matters.


Eli Burriss, Partner

Katten Muchin Rosenman LLP


Scott AdamsonPartner

ArentFox Schiff LLP

  1. Control
  2. Projections
  3. Sales Process
  4. Indemnification


Coming Soon.

Please check back again later.

Who Should Attend:

  • Employee Benefits Lawyers
  • General Counsel
  • In-house Counsel
  • Chief Executive Officers
  • Board of Directors
  • Trustees/Shareholders
  • Financial Advisors
  • Valuation Advisors
  • Other C-Level Executives


Eli BurrissPartner
Katten Muchin Rosenman LLP
Scott AdamsonPartner
ArentFox Schiff LLP



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