On April 2, 2020, Christopher Cahill moderated “ESOPs – 101,” a Financial Poise and WestLegalEdcenter webinar. The panelists were Chris Mellen of Valuation Research Corporation, Lee Eisenstaedt of Leading with Courage Academy, and Alan Kandel of Husch Blackwell LLP. ESOP is an acronym of “employee stock ownership plan,” which is a kind of retirement plan which can accomplish many business and financial objectives of owners and key employees, as well as retirement planning objectives of all employees. ESOPs are regulated by the US Department of Labor and are subject to ERISA.