Steiker, Greenapple & Fusco, P.C.

- 555 E City Ave #910, Bala Cynwyd, PA 19004

For business owners and their employees in Pennsylvania, navigating the intricacies of corporate ownership and succession can be a monumental task. The concept of employee ownership, particularly through Employee Stock Ownership Plans (ESOPs), offers a powerful solution for business transitions, but it requires a very specific kind of legal expertise. In the Philadelphia metropolitan area, Steiker, Greenapple & Fusco, P.C. stands out as a highly specialized law firm with a national reputation for its work in this field. Located in Bala Cynwyd, the firm is a premier resource for businesses, selling shareholders, plan fiduciaries, and lenders who are involved in ESOP transactions and other employee-centered ownership strategies.

Steiker, Greenapple & Fusco, P.C. is a boutique law firm with a singular focus on employee ownership. Since its inception, the firm has been dedicated to providing comprehensive and strategic legal counsel on ESOPs. The attorneys at the firm have been involved in hundreds of transactions nationwide, giving them an unparalleled level of experience and insight. This focused expertise means they are not just general business attorneys; they are specialists who understand the complex regulatory, tax, and corporate governance issues unique to employee-owned companies. Their goal is to help clients create successful, sustainable employee ownership outcomes.

The firm's reputation is built on its deep knowledge of ESOPs and its ability to handle every aspect of the process. This includes the initial design and implementation of new ESOPs, ongoing guidance on IRS and Department of Labor (DOL) compliance, and assistance with follow-on stock purchase and sale transactions. They also provide counsel on complex matters such as ESOP company mergers and acquisitions and corporate governance. This comprehensive approach ensures that clients have a trusted partner at every stage of their business's life cycle.

While the provided information is limited, public data indicates that the firm's attorneys have been consistently recognized for their expertise, with some having received prestigious ratings and held leadership positions in national ESOP organizations. This kind of professional recognition speaks volumes about the quality of their work and their standing within the legal community. For clients, this means they are working with attorneys who are not just experienced, but are also considered leaders in their field.

In addition to their work on ESOPs, the firm also advises on other forms of employee-centered compensation and ownership strategies, such as non-qualified deferred compensation plans, including phantom stock plans, stock option plans, and restricted stock plans. This broader expertise allows them to provide a full suite of solutions for companies looking to align the interests of their employees with the success of the business. For businesses in Pennsylvania, having access to this level of specialized expertise locally is a significant advantage.

The firm’s approach is a testament to the belief that the needs of the owners, the company, and the employees can be balanced to achieve a mutually beneficial outcome. This philosophy, combined with their extensive experience and nationally recognized expertise, makes Steiker, Greenapple & Fusco, P.C. a valuable resource for anyone considering or managing an employee-owned business.

Location and Accessibility

Steiker, Greenapple & Fusco, P.C. is conveniently located in Bala Cynwyd, Pennsylvania, a short distance from downtown Philadelphia. The office is situated at 555 E City Ave #910, Bala Cynwyd, PA 19004, USA. This central location provides easy access for clients from across the Philadelphia metropolitan area and beyond.

The firm is committed to ensuring a comfortable and accessible experience for all clients, and the office is equipped with the following features:

• Wheelchair accessible parking lot
• Wheelchair accessible restroom

Furthermore, appointments are recommended to ensure that you receive the dedicated and focused attention needed for your legal matter.

Services Offered

Steiker, Greenapple & Fusco, P.C. specializes in a highly specific area of corporate law, with their services primarily focused on employee ownership strategies. Their comprehensive legal offerings include:

• Employee Stock Ownership Plans (ESOPs): Providing legal counsel on the design, implementation, and maintenance of ESOPs for companies, selling shareholders, fiduciaries, and lenders.
• ESOP Transactions: Expertise in all aspects of ESOP transactions, including new ESOP creation, mergers and acquisitions involving ESOPs, and follow-on stock purchase and sale transactions.
• Compliance and Governance: Offering ongoing guidance on IRS and DOL compliance, repurchase liability, legislative and regulatory changes, and corporate governance for ESOP companies.
• Executive Compensation Plans: Advising on the design and implementation of non-qualified deferred compensation plans, such as stock option plans, phantom stock plans, and restricted stock plans.
• Worker Cooperatives: Assisting with the installation and maintenance of worker cooperatives.

Features / Highlights

The firm’s unique focus and expertise are its main highlights. Key features include:

• National Recognition: Steiker, Greenapple & Fusco, P.C. is a nationally recognized leader in ESOP law.
• Specialized Expertise: The firm’s exclusive focus on ESOPs and employee ownership provides clients with deep, specialized knowledge.
• Extensive Experience: Attorneys have been involved in hundreds of transactions nationwide, offering a wealth of practical experience.
• Holistic Approach: The firm provides comprehensive legal support from initial setup to ongoing compliance and strategic management.
• Appointments Recommended: This policy ensures each client receives a dedicated and in-depth consultation.

Contact Information

To schedule a consultation or to learn more about their services, you can contact Steiker, Greenapple & Fusco, P.C. using the information below:

Address: 555 E City Ave #910, Bala Cynwyd, PA 19004, USA

Phone: (215) 508-1500

Mobile Phone: +1 215-508-1500

What is worth choosing

For any business owner in Pennsylvania contemplating a sale or succession plan, or for a company looking to create a culture of employee ownership, selecting the right legal counsel is an absolute necessity. Steiker, Greenapple & Fusco, P.C. presents a very strong case for being the ideal choice, particularly due to its highly specialized practice.

The most compelling reason to choose this firm is its exclusive and deep expertise in Employee Stock Ownership Plans (ESOPs). While many law firms may have a general corporate or business law practice, Steiker, Greenapple & Fusco, P.C. has dedicated itself entirely to ESOPs and related employee ownership strategies. This focus means that their attorneys are not only familiar with the laws, but they are also masters of the subtle complexities of ESOP transactions, compliance, and governance. This level of specialization is incredibly valuable, as it ensures that clients receive precise, up-to-date, and strategic advice from professionals who are considered leaders in their field. For a business owner, this means peace of mind that their company’s transition is in the hands of genuine experts.

Beyond their specialization, the firm’s extensive experience is a major asset. Having handled hundreds of ESOP transactions across the country, their attorneys have encountered a vast array of scenarios and challenges. This practical experience allows them to anticipate potential issues before they arise and to structure deals in a way that minimizes risk and maximizes benefit for all parties involved. This proficiency is particularly critical in complex matters like mergers and acquisitions or when navigating tricky compliance issues with the IRS and DOL. Their local presence in Bala Cynwyd, combined with their national reputation, gives Pennsylvania clients the benefit of world-class expertise right in their backyard.

Finally, their client-focused approach, with an emphasis on scheduled appointments, ensures that every client gets the dedicated time and attention needed for their specific situation. The complexity of ESOPs requires in-depth conversations and strategic planning, and the firm’s commitment to this model guarantees a thorough and personalized legal service. This combination of unmatched specialization, extensive experience, and a client-first philosophy makes Steiker, Greenapple & Fusco, P.C. an exceptional choice for any business in Pennsylvania considering an employee ownership strategy.

Steiker, Greenapple & Fusco, P.C.

555 E City Ave #910, Bala Cynwyd, PA 19004, USA