Meeting Archive:
The Antioch Company ESOP: A Prudence Playbook for Board Members, Independent Fiduciaries and Conflicted Fiduciaries


Meeting Description:
This webinar will cover how one employee-owned company protected its fiduciaries from an unexpected business downturn through a well-managed ESOP, a prudent transaction structure, fiduciary insurance coverage, and a well-planned court strategy. The lessons from Fish v. GreatBanc and the court’s praise for the fiduciary defendants in a lengthy written opinion have taken on even greater consequence in light of several recent decisions critical of fiduciary conduct that hit the fiduciary defendants with multimillion dollar damage awards.
 
As always, members of Ohio’s Employee Owned Network have unlimited registrations to all of our webinars. For non-members, the cost to attend is $50 per person/per webinar (attendees will be invoiced at the completion of the webinar).
Details
Date: Wed, May 24, 2017
Time: 10:00 AM EDT
Duration: 1 hour
Host(s): Chris Cooper
 Presenter Information
Michael L. Scheier, Partner, Litigation – Keating Muething & Klekamp PLL
Speaker Photo

Mike Scheier is a Partner in the Litigation Group at Keating Muething & Klekamp (KMK Law) in Cincinnati. His practice focuses on ERISA and ESOP fiduciary defense and defending corporate directors and officers in state law actions alleging breaches of fiduciary duties. He recently obtained a defense judgment for three ERISA fiduciaries in Fish v. GreatBanc, a 15-week trial of claims seeking $200 million for breach of fiduciary duty under ERISA Section 404 and other ERISA violations. Mike also has extensive experience in lender liability and other financial services claims, including state law insolvency and collection disputes. In addition, Mike helps clients manage their litigation risks and achieve cost-effective, non-litigation solutions. Mike earned his J.D. from the University of Cincinnati College of Law and his B.A. from Hobart College.