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Stemple’s passion for ESOP transactions bears fruit for WNJ practice
Buoyed by a increase in level of popularity of worker inventory possession ideas amongst company entrepreneurs, deal legal professional Justin Stemple wrapped up the second busiest calendar year of transactions he’s had in his 18-12 months vocation at Grand Rapids-dependent Warner Norcross + Judd LLP.
 Stemple labored on a overall of 28 transactions involving producers, distributors, mechanical contractors, building firms, suppliers, engineering companies, architectural companies and skilled solutions agencies. In individuals various bargains, 10 of which involved Michigan organizations, Stemple represented possibly the company or ESOP trustee as counsel. 
 ESOPs are generally driven by legacy company proprietors who don’t have a successor in area. Whilst ESOPs generate wonderful gains, they…

