On May 18, Brian Jackiw and Chelsea Mikula presented with Tucker Ellis client Miguel Paredes, President and Founder of Prudent Fiduciary Services, at The ESOP Association (TEA) National Conference 2023 in Washington, D.C. In “When the Worst Happens: Managing Financial Distress & Bankruptcy,” Brian, Chelsea, and Miguel explored the implications and obligations involved when an ESOP company faces financial distress, or even bankruptcy, and discussed legal obligations for the various players, as well as best practices to navigate what can be a difficult situation.