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VIEWPOINT: Important Recent ESOP Developments
We saw several significant legal developments relating to employee stock-ownership plans (ESOPs) last year. This article will summarize a few of the most important developments. Fiduciary Indemnification and Insurance — Scalia v. Professional Fiduciary Services, LLC Fiduciaries of benefit plans covered by the Employee Retirement Income Security Act of 1974 (ERISA), including ESOPs, are subject to personal liability […]
CenterState CEO, Mohawk Valley partners submit application for Build Back Better Regional Challenge
SYRACUSE, N.Y. — CenterState CEO and a group of regional partners have submitted a phase-two application for the Build Back Better Regional Challenge (BBBRC). BBBRC
Small Business Spotlight: Purple Banana owner starts business with intense focus
SYRACUSE, N.Y. — When Luke Nicolette — owner of The Purple Banana, a new business in Syracuse — approached the Small Business Development Center (SBDC)
Syracuse WorkForce Run plans for June 21 event
SYRACUSE, N.Y. — After a virtual event in 2020 and a small-scale, in-person event in 2021, the Syracuse WorkForce Run is back on the calendar
CenterState CEO announces Business of the Year finalists in five categories
SYRACUSE, N.Y. — CenterState CEO on Wednesday announced finalists for its 2022 Business of the Year awards. CenterState CEO will recognize a single company or
Commerce Chenango Tourism offers tourism-related grant program
NORWICH, N.Y. — Commerce Chenango Tourism says new grant program is available for Chenango County tourism-related businesses, as well as event and festival organizers. The
California publisher moves headquarters to Binghamton
BINGHAMTON, N.Y. — Locked in by a lack of space and prohibitive real-estate prices in California, independent publisher PM Press looked east for opportunities to expand the business. The search led the company to Binghamton and the 17,000-square-foot former home of Marli Manufacturing at 21 Emma St. “We were very constrained in California,” PM Press
Syracuse is home to Density’s new manufacturing facility
SYRACUSE — Garrett Bastable, VP of operations at Density, Inc., provided a story to begin his remarks at the formal-opening of the company’s new manufacturing plant. A group of Syracuse University graduates in March 2014 were helping to operate a software consultancy in the Tech Garden. The group of would-be co-founders of Density, also liked
Taste of Syracuse returns in early June following two-year absence
SYRACUSE, N.Y. — Taste of Syracuse will return to downtown Syracuse in and around Clinton Square in early June following a two-year absence due to
CNY regional jobless rates continued to fall in January versus a year ago
ALBANY, N.Y. — Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions all declined in January compared to the year-ago month
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