deborah groban olson

Attorney at Law Specializing in employee ownership and cooperatives

deborah groban olson

Attorney at Law
Specializing in employee ownership and cooperatives

313-331-7821

313-331-7821

Business Succession

National Forge: Full Case Study

National Forge Company
Contract ESOP with Formula Vote for Union
Ended by premature sale of management shares

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Rosauers Supermarkets, Inc.: Full Case Study

Rosauers Supermarkets, Inc.
ESOP Organized As a Taft-Hartley Trust

In July 1990 several unions and management at Rosauers Supermarkets, a regional grocery chain of 15 stores headquartered in Spokane, Washington, entered into an ESOP buyout to save 1,250 jobs. The union buyout team was led by Sean Harrigan, then president of the UFCW local union. They developed some interesting procedures to ensure proper protection and representation of unionized employees interests in an employee owned company where high level management employees own a portion of the company outside the ESOP.

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Republic Container: Full Case Study

Republic Container
Use of Employee Buyout Association to Buy
Profitable Subsidiary
Restructured as Democratic/ Co-op Style ESOP

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