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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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Michael Moschel Provides Insight on Supreme Court Case Impact on Public Health Systems

Media Mentions

July 1, 2015

Bass, Berry & Sims attorney Michael Moschel was quoted in an article outlining the details of the case, Friedrichs vs. California Teachers Association, in which the Supreme Court will decide whether unions can continue to collect fees from non-members as long as those fees are not used for political purposes. In the current case, the teachers association is asking the court to essentially overturn a 1997 decision (Abood v. Detroit Board of Education) in which the court ruled that unions have the right to collect fees from non-member because the non-members ultimately benefit from any union negotiations. The forthcoming decision will have an impact on industries across the board, including unions that represent healthcare workers at public health systems.

According to Michael, "[i]f Abood is reversed, the court would essentially create a 'right-to-work' law for public sector employees."

The full article, "High Court Case Could Threaten Finances of Unions at Public Systems," was published by Modern Healthcare on June 30 and is available online.


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