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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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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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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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Bill Ozier Comments on Tennessee's New "Guns in Trunks" Law

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March 27, 2013

A new Tennessee law, effective July 1, 2013, allows Tennessee employees who hold valid permits to carry concealed weapons, to bring their weapons onto their employer's parking lot, under certain conditions. In light of this new law, Tennessee employers who wish to limit handguns and other weapons on their premises should continue to post signs advising that weapons are not permitted on their property unless the employee or visitor holds a valid concealed carry permit. The law allows employers to continue to prohibit weapons inside their building, and it allows employers to continue to prohibit weapons even in parking lots, if the employee or visitor does not have a valid carry permit.

Employers are also permitted

  • To require that employees who may legally bring a handgun onto the property park in a specific designated parking area of the employer's premises,
  • To notify the company that the employee has a weapon in the vehicle, and
  • To provide proof to the employer that the employee holds a valid permit to carry a concealed weapon.

To read more about the "Guns in Trunks" Law click here.

Bass, Berry & Sims attorney Bill Ozier spoke before Tennessee's Senate Judiciary Committee related to the "guns in trunks" proposal. He also spoke on behalf of the Tennessee Chamber of Commerce and Industry where is he currently serving as chair of the organization. The links below provide access to local coverage of the proceedings.

"Parking Lot Gun Bill Headed To Senate Floor" - NewsChannel5

"'Guns in Trunks' Passes Over Business Objections" - Nashville Public Radio

"Tennessee Senate Panel OKs Guns in Parking Lots Bill" - Chattanooga Times Free Press

"Tenn. Guns-In-Trunks Bill Speeds on Despite Questions" – WLTX

Bill Ozier also spoke to The Wall Street Journal on behalf of the Tennessee Chamber of Commerce and Industry. Subscribers can access the story by clicking here.

For more information on this topic, please contact any of our Labor and Employment attorneys.

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