About Mr. Diamond

Louis H. Diamond
Diamond ESOP Advisors PLLC
5335 Wisconsin Avenue, NW
Suite 440
Washington, DC 20015

(202) 686-2878
(202) 297-2815 cell
(202) 686-2877 fax

Louis H. Diamond, Esq., is one of the leading ESOP (Employee Stock Ownership Plan) attorneys in the country. His work with ESOPs is all encompassing, ranging from representing owners selling stock to an ESOP, employees pooling ESOP funds to purchase their division/subsidiary from corporations large and small, banks and others making ESOP loans and ESOPs themselves and their trustees. Representing the employees of the Illinois Institute of Technology Research Institute (now Alion Science and Technology) in a $130 million employee buyout of its operating assets is among Mr. Diamond’s most notable ESOP achievements.

As an Adjunct Professor at the Georgetown University Law Center, Mr. Diamond recently taught one of the very few ESOP courses in the United States and, for seven years he taught a tax course on Business Planning. He has published numerous ESOP and tax related articles and papers in The Tax Advisor and The Compensation Planning Journal, and authored portfolios for the Bureau of National Affairs’ “Tax Management” series. He is also a frequent speaker at employee benefit and tax conferences around the country, having regularly appeared at annual conferences of the ESOP Association, the American Institute of Certified Public Accountants (AICPA), the New York University Institute on Federal Taxation and the Southern Federal Tax Institute.

Mr. Diamond is a past chairman of the ESOP Association’s Legislative and Regulatory Advisory Committee. He previously served as attorney advisor at the United States Tax Court, is a Charter Fellow of the American College of Employee Benefits Counsel and a Fellow of the American College of Tax Counsel.

After receiving his B.A. in accounting from George Washington University, Mr. Diamond earned his J.D. cum laude and served as an Associate Editor of the Law Review at the George Washington University National Law Center before obtaining his LL.M. in Taxation from the Georgetown University Law Center. Mr. Diamond is also a Certified Public Accountant.

Education

  • LL.M. in Taxation, Georgetown University Law Center
  • J.D., Cum Laude, George Washington University National Law Center
  • B.A., George Washington University

Affiliations

  • Past Chair, Legislative and Regulatory Committee, ESOP Association
  • Member, National Center for Employee Ownership
  • ESOP Subcommittee of the Employee Benefits Committee of the American Bar Association
  • Adjunct Professor of Taxation, ESOPs and Business Planning, Georgetown University Law Center
  • Past Attorney Advisor, United States Tax Court
  • Charter Fellow, American College of Employee Benefits Counsel
  • Fellow, American College of Tax Counsel
  • ESOP Chair, Tax Management Compensation Planning Journal
  • Certified Public Accountant and Past Member, Benefits and Compensation Editorial Advisory Board, Journal of Accountancy, American Institute of Certified Public Accountants

Publications and Speeches

  • ESOP – A Superb Planning Device, March 2011
  • Consider the ESOP, Trusts & Estates, August 2009
  • ESOPs and Charitable Remainder Trusts, Volume Two, Ch. 26, Employee Stock Ownership Plans, Published by The Beyster Institute at the Rady School of Management, Univ. of Cal., San Diego, 2007
  • A Path to 100 Percent ESOP Ownership, Presentation at the 30th Annual Conference of The ESOP Association, May 15, 2007
  • Emerging and Innovative Practices with ESOP Capital, Presentation for the Beyster Institute/NCEO Joint Annual Conference, The 2007 Employee Ownership Conference, March 21, 2007
  • Stock Value Drop Issues, Presentation for the 9th Annual S Corporation ESOP Seminar, February 15, 2007
  • Tax Aspects of Mergers and Acquisitions, Presentation for The ESOP Association, November 10, 2006
  • ESOP Innovations, Presentation at The ESOP Association Trade & Conference Show, November 10, 2006
  • Pros, Cons and Alternatives to 1042, Presentation at The ESOP Association MAC Conference, October 26, 2006
  • Multi-Stage ESOP Transactions, Presentation at The ESOP Association 27th Annual Conference, May 17, 2006
  • Acquisition Strategies for S Corp. ESOP Companies, Presentation to ESOP Association S Corp. Seminar, February 23, 2006
  • Using Your ESOP as an Acquisition Tool, Presentation to ESOP Association Technical Conference, November 11, 2005
  • Understanding and Applying the Recently Issued IRC 409(p) Temporary Regulations, and How They Will Interact With Equally New Non-Qualified Deferred Compensation Regulations Under IRC 409A, Presentation to ESOP Association S Corp. ESOP Seminar, February 24, 2005
  • Innovative ESOP Transactions, Presentation to ESOP Assoc.’s Annual ESOP Two-Day Conference, November 5, 2004
  • IRS Provides Further ESOP S Corporation Relief in Rev. Proc. 2004-14, Tax Management Compensation Planning Journal, March 2004
  • Potential Available in Funding ESOPs Through Lateral Transfers and Use of an Internal Market, Presentation to ESOP Association S Corp. ESOP Seminar, February 26, 2004
  • ESOP Government Contractors Have a Ball, Tax Management Compensation Planning Journal, February 2004
  • Unlocking the Lock-in Effect of Selling to an ESOP, Tax Management Compensation Planning Journal, February 2004
  • New Regulations Stop S Corp. ESOP Abuse, But Cause Ancillary Problems, Tax Management Compensation Planning Journal, October 2003
  • Subchapter S and ESOP – The Perfect Marriage, Presentation to NYU 62nd Institute on Federal Taxation, October 2003
  • CRT Plus ESOP: A Win/Win Combination, Tax Management Compensation Planning Journal, September 2003
  • ESOPs Law, Analysis and Case Studies, NYU Review of Employee Benefits and Executive Compensation, Chapter 14, 2003
  • Optimization with ESOPs, Tax Management Compensation Planning Journal, August 2001
  • ESOP Appraisals from a Lawyer’s Point of View, Tax Management Compensation Planning Journal, November 2000
  • Fair Market Value in ESOP Transactions – A Moving Target, MACPA Conference, August 21, 2000
  • Estate and Business Succession Planning Using ESOPs, Presentation to ABA Section of Taxation, May 2000