All about EOTs and PPTs: The Weekend Newsletter, Vol. 7

This week we cover EOTs: the basics, proposed legislation, and everything in between

Happy Friday!

This week is all about Employee Ownership Trusts (EOTs) and Perpetual Purpose Trusts (PPTs):

What We’ve Been Reading (And Watching!)

• Still wondering what exactly an EOT is? Check out this article from UK law firm Shoosmiths

• Hear from private equity Peter Stavros (covered in this EO+WD article) on his initiatives to encourage employee ownership 

What We’ve Been Writing

• Dr. Hand gives a quick primer on EOTs and PPTs, breaking down their legal backing, and providing a list of resources for learning the basics 

• Megan discusses why now is the time for the introduction of EOTs in Canada 

• Patagonia has transitioned to a PPT, and Reid analyzes the variety of motivations that could be at play 

What’s Next 

• On May 23rd the Federal Reserve Bank of New York and the Ford Foundation are hosting an in-person event highlighting how employee ownership and participation can help impoverished and middle-class workers 

• Sign up for the webinar option of the Fasken Institute’s free presentation on Canada’s proposed EOT legislation 

In Case You Missed It

• Still curious what perpetual purpose trusts are all about? Check out Dr. Hand’s rundown here. 

The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is sponsored by the Dedman College Interdisciplinary Institute (DCII) at Southern Methodist University (SMU) in Dallas, Texas (DTX).