EO+WD Weekend Newsletter, Vol. 12

On the growth and legal underpinnings of employee ownership trusts

Welcome!

We hope your summer’s off to a great start and that you enjoy this week’s edition of our newsletter.

What We’ve Been Reading 

• Read about a restaurant owner transitioning her business to an employee-owned co-op that she hopes will serve as a model to others 

• A recent court decision was published concerning the rights of employees who have invested in ESOPs once a firm has declared bankruptcy. Read Bloomberg’s write up on the case, or check out the decision itself here

• The U.K. is overhauling current employee ownership legislation to increase uptake and offer opportunities to lower compensated employees 

What We’ve Been Writing 

• Dr. Hand provides an overview of employee ownership trusts around the globe, and puts the recent growth of employee ownership into perspective

• Minseo provides an explanation of the legal foundations of purpose trusts like Patagonia’s

• Reid covers the different iterations of workplace democracy within the UK 

What’s Next 

• Remember the turmoil within the iconic employee-owned firm The John Lewis Partnership? Check out an update on current developments

In Case You Missed It 

• Last week Megan covered a big step forward in Colorado. Be sure to check it out if you haven’t already!

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