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In June 2016, AmSurg Corp. and Envision Healthcare Holdings, Inc. (Envision) announced they have signed a definitive merger agreement pursuant to which the companies will combine in an all-stock transaction. Upon completion of the merger, which is expected to be tax-free to the shareholders of both organizations, the combined company will be named Envision Healthcare Corporation and co-headquartered in Nashville, Tennessee and Greenwood Village, Colorado. The company's common stock is expected to trade on the New York Stock Exchange under the ticker symbol: EVHC. Bass, Berry & Sims served as lead counsel on the transaction, led by Jim Jenkins. Read more.

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Inside the FCA blogInside the FCA blog features ongoing updates related to the False Claims Act (FCA), including insight on the latest legal decisions, regulatory developments and FCA settlements. The blog provides timely updates for corporate boards, directors, compliance managers, general counsel and other parties interested in the organizational impact and legal developments stemming from issues potentially giving rise to FCA liability.

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Jeff Oldham on Nashville Convention Center Bond Financing in the Nashville Business Journal

Media Mentions

March 5, 2010

Bass, Berry & Sims attorney Jeff Oldham discusses the impact of state bonding rules on the bond financing for the new Nashville Convention Center for the Nashville Business Journal. The article by Brandon Gee, titled "Will State Bonding Rules Hold up Music City Center Construction?," appears in the March 5, 2010 issue.

From the article:

Financing for the $585 million project was approved in January — with work beginning soon thereafter — but bonds to pay for the project have not been issued. Metro government has run into a roadblock due to a state law that limits interest rates on municipal debt to 4 percent above the prime rate. Metro's bond counsel, Jeff Oldham of Bass Berry & Sims, said that limit currently stands at 7.25 percent due to historically low interest rates.

That wouldn't pose a problem if Metro was using traditional tax-exempt bonds to finance the project, but it intends to use taxable Build America Bonds for about 90 percent of the debt. The bonds could have an interest rate above the state limit, Oldham said, but they also come with a 35 percent interest subsidy from the U.S. Treasury. The bonds were created by last year's federal economic stimulus legislation.

Oldham said Senate Bill 2975 would allow the subsidy to be factored into the interest rate calculation for purposes of determining compliance with the state's usury law.

"It's not clear (under current law) that you get to count that rebate from the federal government," Oldham said.

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