News & Events

Overview The Corporate Transparency Act (the “CTA”) was enacted by the United States Congress in 2021 in order to combat money laundering, terrorist financing, corruption, tax fraud and other illegal activities by legal entities established and/or doing business in the United States. Effective as of January 1, 2024, all such entities not otherwise exempt from the CTA must comply with the beneficial ownership information (“BOI”) reporting requirements promulgated by the United States Treasury De ...

A New DOL Independent Contractor Rule (Just Like The Old Rule). By Andrew Houlding, Esq.             The U.S. Department of Labor (USDOL) recently issued a “new” set of rules to determine independent contractor vs. employee status under the Federal Fair Labor Standards Act (FLSA) that reverts to the “totality of the circumstances” test that was in effect until three years ago.              The “new” rule takes effect March 8, 2024, and replaces the “final” rule that was adopted March 8, 2021. ...

On January 1, 2024, South Shore Bancorp, MHC and South Shore Bancorp, Inc., of South Weymouth, Massachusetts, the holding companies for South Shore Bank, completed its merger of equals transaction with 1831 Bancorp, MHC and 1831 Bancorp, Inc., of Dedham, Massachusetts, the holding companies for Dedham Institution for Savings. Following the merger, South Shore Bank and Dedham Institution for Savings will remain separate savings banks in the multi-bank mutual holding company structure. The transa ...

UKS Principal Richard Dighello and UKS Construction Law Practice selected as Connecticut’s law firm in The Construction Attorneys Guide for 2024. As noted on its website, “The Construction Attorneys is the premier guide to recommended construction lawyers, practice area news and legal insights:  Construction law covers a wide range of legal issues including contracts, negligence, disputes between the parties involved in the construction process, bonds and bonding, guarantees and sureties, liens ...