Discover more from EO+WD | Employee Ownership + Workplace Democracy

A joint project of UTA professor Mark Hand and students at UTA & SMU, the Research Cluster on Employee Ownership + Workplace Democracy is dedicated to sharing and discussing new developments in purpose trusts, employee ownership, and workplace democracy.

EO+WD Weekend Newsletter, Vol. 12

On the growth and legal underpinnings of employee ownership trusts

Mark C. Hand

and

Megan Garvey

Jun 9, 2023

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.