STEP New York Afternoon Panel Discussion

June 11, 2015
Herrick, Feinstein LLP

2 Park Avenue

New York City

Herrick hosted STEP New York for a panel discussion titled, "Planning for Closely Held Businesses Part II - How to Build a Hundred Year Family Enterprise."

Topics included:

  • Anticipating change & developing capability in the next generation
  • Engaging the entire family – structures for collective decision making
  • Building positive links between family shareholders and the business
  • Preserving the family business – united we stand or divided we stand?
  • Individual vs. collective ownership – when to employ and why
  • Equality between family members: what is equality? – when to depart from the "per stirpes" or "per branch" principle


  • Dennis Jaffe, Ph.D. - San Francisco-based advisor
  • Linda Mack, Founder and President of Mack International, a boutique firm that specializes in providing retained executive search and strategic human capital consulting services to single and multi-client family offices
  • John Riches, Partner at RMW Law
  • Dr. Johannes Burger, senior Partner at Marxer & Partner in Liechtenstein