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What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? Find out 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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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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John Kelly Comments on Continued Number of States Pursuing FCA Damages

Media Mentions

July 27, 2015

Bass, Berry & Sims attorney John Kelly commented for an article in Modern Healthcare that detailed the increase among states that have adopted and are seeking to recover damages from state false claims laws. The latest example comes from the federal government's case against Novartis, seeking $3.3 billion for alleged kickback payments; eleven states have joined the federal lawsuit and are seeking to recover money from state Medicaid programs. As John stated in the article, "[t]he Novartis case is 'going to become more of the common type of case you're going to see in False Claims Act cases.'"

The full article, "Anti-fraud Fervor: States Step up False Claims actions to Recover Medicaid Dollars," was published by Modern Healthcare on July 25, 2015 and is available online.


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