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Attorney Spotlight

After finishing her first year as an associate at Bass, Berry & Sims, find out what advice Margaret Dodson offers to new attorneys. Read more>

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Experience

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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.

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Thought Leadership

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Thought Leadership Spotlight

Blueprint for an IPO

Companies go public to raise capital to fuel growth, pay down debt and provide liquidity to shareholders. Although all issuers and offerings are different, the basic process of going public remains relatively constant. Blueprint for an IPO identifies the key players, details the process and identifies the obligations companies will face after going public.

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Summary Judgment Obtained in Breach of Contract and Misappropriation of Trade Secrets Case

Client Type: Private Company

We obtained summary judgment on behalf of an individual client and her company in a breach of contract and misappropriation of trade secrets case arising under the Tennessee Uniform Trade Secrets Act. The individual and her company, which sells a cryosurgical medical product, were sued by the individual's former employer for allegedly misappropriating the former employer's customer information, quality information, product information, etc. The plaintiff argued that it became aware of this alleged misappropriation through means of an anonymous tip from a concerned customer or vendor. Defendants argued, and the court agreed, that the alleged tip constituted inadmissible hearsay and that there was insufficient evidence of a breach or misappropriation to survive summary judgment.

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