PRESS RELEASE
5 May 2025

Ontario Bar Association: Insights On Employee Ownership Trusts

BJ
Bennett Jones LLP

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.
Wesley Novotny spoke at the Ontario Bar Association’s Buying or Selling a Business 2025 program. In a session on Employee Ownership Trusts, he explored how EOTs can serve as a succession planning tool...
Canada

Wesley Novotny spoke at the Ontario Bar Association’s Buying or Selling a Business 2025 program. In a session on Employee Ownership Trusts, he explored how EOTs can serve as a succession planning tool that enables employees to acquire ownership without directly purchasing shares.

Wesley discussed the legal structure of EOTs, key tax incentives and the advantages for vendors and employee participants. The session also compared EOTs to traditional third-party sales. The program offered practical guidance on business transactions, from planning and negotiation through to post-closing integration.

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.

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