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On December 1, 2016, Parker Hannifin Corporation and CLARCOR Inc. announced that the companies have entered into a definitive agreement under which Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt. The transaction has been unanimously approved by the board of directors of each company. Upon closing of the transaction, expected to be completed by or during the first quarter of Parker’s fiscal year 2018, CLARCOR will be combined with Parker’s Filtration Group to form a leading and diverse global filtration business. Bass, Berry & Sims has served CLARCOR as primary corporate and securities counsel for 10 years and served as lead counsel on this transaction. Read more here.

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Securities Law Exchange BlogSecurities Law Exchange blog offers insight on the latest legal and regulatory developments affecting publicly traded companies. It focuses on a wide variety of topics including regulation and reporting updates, public company advisory topics, IPO readiness and exchange updates including IPO announcements, M&A trends and deal news.

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Lesbian, Gay, Bisexual and Transgender (LGBT) Affinity Group

The Lesbian, Gay, Bisexual and Transgender (LGBT) Affinity Group at Bass, Berry & Sims raises awareness and visibility within the firm of our commitment to be welcoming in all forms of diversity, including sexual orientation. Members support each other and provide a voice to the firm to ensure equal opportunity and professional development for our LGBT attorneys.

The goals of the group include:

  • Meeting on a regular basis to share and address areas of concern regarding LGBT diversity at Bass, Berry & Sims
  • Monitoring the firm's policies and practices as they relate to LGBT attorneys
  • Providing mentoring and networking opportunities for LGBT attorneys in the firm and to law students at nearby schools
  • Supporting and participating in community organizations that advocate for LGBT equality and diversity in the legal profession

The group is active at the firm and in the community in a number of specific ways by: (i) holding regular affinity group meetings at the office, (ii) providing perspective to the recruiting and diversity committees of the firm by having a representative of the group on each of these committees, (iii) enjoying dinner and other social events as a group outside of the office, (iv)sponsoring and participating in activities of the Stonewall Bar Association of Tennessee, the Human Rights Campaign, the Tennessee Equality Project, the Nashville GLBT Chamber of Commerce, the Oasis Center's Just Us program, and Nashville in Harmony; and (v) representing the firm at the annual National LGBT Bar Association's Lavender Law Conference & Career Fair.

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