Category: News & Events

CLIENT ALERT: KEY TAX CHANGES FROM THE ONE BIG BEAUTIFUL BILL ACT

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the “OBBBA”), which has introduced major changes to the U.S. Internal Revenue Code (the “IRC”). Many of these changes extend President Trump’s 2017 tax cuts that were set to expire, and the OBBBA also includes new tax cuts and deductions that could impact […]

Changes to the Taxability of Overtime and Tips Under the One Big Beautiful Bill Act

The One Big Beautiful Bill Act (the “Act”), signed into law on July 4, 2025, established a new deduction regime on overtime pay and tips that has garnered significant attention. Workers can now deduct up to $12,500 in overtime pay and up to $25,000 in reported tips when filing their federal tax returns. Workers will not see the impact of this law change until filing their […]

CLIENT ALERT: Appeals Court Blocks Preliminary Injunction On Key Provisions of the DEI Executive Order

On January 21, 2025 (the “Effective Date”), President Trump issued an executive order (no. 14173) entitled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” (the “Executive Order”). This Executive Order significantly changes federal contractors’ compliance requirements and obligations under federal law, although it contains a 90-day grace period. Our firm released two client alerts (the “Client Alerts”) detailing the impact of the Executive Order and the two cases affecting its enforceability. On […]

Client Update – Executive Order Upends Affirmative Action For Federal Contractors and Opens Door to False Claim Act Liability

On January 21, 2025 (the “Effective Date”), President Trump issued an executive order entitled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” (the “Executive Order” or “EO”). This Executive Order significantly changes federal contractors’ compliance obligations under federal law. While there is much uncertainty about how courts will interpret these provisions and which parts of the […]

GrowthLab Financial Services

Interview with Dan Gertrudes, Founder and CEO of GrowthLab Tell Us About Your Journey What’s my journey as an entrepreneur? I would actually start by saying it was unorthodox, unintentional. I don’t want to say I fell into it because I try to be deliberate. I had spent 15 years in corporate America. The last 10 years I was in a […]

Gesmer Attorneys Recognized as 2024 Super Lawyers

October 21, 2024 (Boston, MA) – New England Super Lawyers, a rating service of outstanding lawyers who have attained a high degree of peer recognition and professional achievement, has recognized fifteen Gesmer Updegrove lawyers as top practitioners. The Super Lawyers selection process includes independent research of professional accomplishments, peer nominations, and peer evaluations. The following […]

Eyebot

Tell Us About Your Journey I was born in Switzerland. At around 19 years old, I moved to United States for college in Ohio. That was my journey in the United States to start. I didn’t actually plan on staying, but then I got all these opportunities for a master’s degree, which I moved to […]

Russian Sanctions Update

Introduction Following Russia’s invasion of Ukraine, the United States, United Kingdom, and the European Union implemented a series of broad sanctions on Russia and Belarus, as well as certain entities controlled by and individuals closely associated with those governments. Most of the sanctions are similar in scope and nature, yet differences exist across nations and […]

Massachusetts Block Grant Program

Massachusetts Launches Mini-CARES Act to Support Local Businesses Last week, the Commonwealth of Massachusetts announced the funding of a mini-CARES Act grant aimed at providing relief to local businesses impacted by the COVID-19 pandemic. This state-level program is set to distribute $668 million in block grants to small businesses across Massachusetts, offering much-needed financial support […]

Gesmer Updegrove client Curaleaf acquires Grassroots, becoming the largest cannabis company in the world

Gesmer Updegrove LLP advised its client Curaleaf Holdings, Inc. (“Curaleaf”) in the acquisition of GR Companies, Inc. (“Grassroots”). This acquisition results in Curaleaf becoming the largest cannabis company in the world, with operations in over 23 states, including 135 dispensary licenses, 88 operational dispensaries, 30 processing facilities, and 22 cultivation sites. Completion of the transaction […]

Supreme Court Prohibits Discrimination Against Gay and Transgender Employees

In a landmark decision with wide implications nationwide, the Supreme Court has ruled that Title VII of the Civil Rights Act of 1964 prohibits discrimination against employees on the basis of their sexual orientation or gender identity. Implications of the Supreme Court Decision: 1. Expanded Protections: 2. Employer Responsibilities: 3. Legal Recourse: Next Steps for […]

Gesmer Updegrove Sponsors 3rd Annual Regatta for Entrepreneurship

BOSTON – The third annual Regatta for Entrepreneurship sets sail Thursday, July 26, 2018, benefiting the Network for Teaching Entrepreneurship. The event brings together the founders of Boston growth companies to connect with peers and partners, testing their sea legs on Boston Harbor while racing J24 sailboats provided by the Boston Sailing Center. “Startups are […]

General Data Protection Regulation (GDPR)

In recent news, the handling of personal data has become a focal point, particularly with the impending enforcement of the General Data Protection Regulation (GDPR) in the European Union. The GDPR, slated to take effect shortly, represents a significant milestone in data protection legislation, emphasizing the “right to privacy” as a fundamental human right, a […]