Close X
Attorney Spotlight

What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? Find out more>

Search

Close X

Experience

Search our Experience

Experience Spotlight

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.

CLARCOR
Close X

Thought Leadership

Enter your search terms in the relevant box(es) below to search for specific Thought Leadership.
To see a recent listing of Thought Leadership, click the blue Search button below.

Thought Leadership Spotlight

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.

Read More >

Bet-the-company Litigation Against National HealthCare Corporation

Client Type: Public Company

We were lead counsel for National Healthcare Corporation (NHC) in September 2003 on an emergency basis immediately after a tragic fire at a nursing home facility owned by NHC. More than a dozen residents were killed and many more were injured. In the subsequent litigation, plaintiffs alleged the company was liable for both compensatory and punitive damages for failing to install sprinklers and for other grounds. Thirty of the 32 suits were settled within a year of the event. The remaining 2 claims were later settled in mediation after we obtained summary judgment on plaintiffs' claims for punitive damages on the sprinkler issue.

The fire and its aftermath received significant national and international media attention. Ultimately, the local newspaper, The Tennessean, intervened in this case to challenge a series of protective orders entered by the trial court which restricted the disclosure of unfiled discovery materials and ordered that any discovery materials filed with the court be filed under seal.

In June 2009, the Tennessee Court of Appeals ruled in NHC's favor in a challenge by The Tennessean to the procedures employed by the trial court in balancing the parties' rights to a fair trial against The Tennessean's requests for information. The Court of Appeals wrote an opinion ratifying the trial court's procedures, which likely will be cited as the authoritative opinion on a trial court's inherent powers to manage mass tort or other high publicity litigation.

Download Document

You Also May Be Interested In:

Related Professionals

Related Services

Notice

Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.