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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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Bass, Berry & Sims Attorney Publishes The Guide to Business Divorce

September 11, 2011

New book offers insight on strategy and tactics for business divorce negotiations and litigation

Memphis, Tenn., (September 22, 2011) - Bass, Berry & Sims is pleased to announce the publication of The Guide to Business Divorce, the latest book by Bass, Berry & Sims Member Richard R. Spore, III.

Guide to Business DivorcePublished by the American Bar Association Business Law Section, The Guide to Business Divorce provides strategic guidance for company owners who find themselves in conflict with their business partners and are considering a break-up, or "business divorce." Spore's book includes substantive tips on how to maximize benefits and minimize losses from the moment the "trial of arms" takes shape to its final resolution.

The Guide to Business Divorce also includes an in-depth look at the potential impact of litigation and alternative dispute resolution in a business divorce, with specific counsel on the pros and cons of each. Written in plain cogent English, Spore's book is of equal interest to lawyers and their clients.

"This terrific, readable volume fills a real niche," said attorney Rex Brasher with Brown & Brasher.

"Going beyond the front page struggles of corporate giants, Richard addresses the myriad issues that are so critical for smaller companies when their owners are in conflict."

Specializing in business and transactional law, Spore has more than 25 years of experience in the legal field. He has advised investors and private company owners in a wide variety of investment partnerships, joint ventures, start-up situations, and business divorce cases across a wide range of industries, including real estate, technology, healthcare, manufacturing, and trade. Spore has been recognized by many peer review organizations, including Best Lawyers in America® and Chambers USA: America's Leading Lawyers for Business.

Spore's authoritative articles on LLC law, real estate joint ventures, and partnerships have appeared in numerous regional and national publications. The Guide to Business Divorce is Spore's third book on partnerships and business law topics.

About Bass, Berry & Sims PLC
With more than 200 attorneys representing numerous publicly traded companies and Fortune 500 businesses, Bass, Berry & Sims has been involved in some of the largest and most significant litigation matters and business transactions in the country. For more information, please visit www.bassberry.com.


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