Football and the Time Value of Money

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As the Steelers prepare for another football season with the opening of their 2019 pre-season camp, much of the drama of the recent past appears to be over, and the team’s focus can return to moving the ball downfield. Interestingly, the 2019 season will begin without two of the team’s biggest offensive stars from the prior […]

Brundle ESOP vs. Wilmington Trust: A Trustee’s Fiduciary Responsibility

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On March 21, 2019, the U.S. Court of Appeals upheld a ruling that Wilmington Trust NA, (Wilmington Trust) a “premier provider of wealth and institutional client services for M&T Bank,” headquartered in Delaware, overvalued stock, causing the company’s employee stock ownership plan (ESOP) to overpay $29.8 million. The Virginia company, Constellis Group Inc. (Constellis) “provides […]