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Learn about Richard Arnholt's diverse government contracts practice and why he chose to pursue a career in the legal field. Read more>

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In June 2017, Pinnacle Financial Partners, Inc. (NASDAQ: PNFP) closed a $1.9 billion merger with BNC Bancorp (NASDAQ: BNCN) pursuant to which BNC merged with and into Pinnacle. With the completion of the transaction, Pinnacle becomes a Top 50 U.S. Bank. The merger will create a four state footprint concentrated in 12 of the largest urban markets in the Southeast. 

Bass, Berry & Sims has served Pinnacle as primary corporate and securities counsel for more than 15 years and served as counsel on the transaction. Our attorneys were involved in all aspects related to the agreement, including tax, employee benefits and litigation. 

Read more details about the transaction here.

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Regulation A+

It seems that lately there has been a noticeable uptick in Regulation A+ activity, including several recent Reg A+ securities offerings where the stock now successfully trades on national exchanges. In light of this activity, we have published a set of FAQs about Regulation A+ securities offerings to help companies better understand this "mini-IPO" offering process, as well as pros and cons compared to a traditional underwritten IPO.

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Tim Garrett Discusses Court Ruling Defining "Severe or Pervasive" Sexual Harassment

Media Mentions

August 5, 2015

Bass, Berry & Sims attorney Tim Garrett provided insight for a Corporate Counsel article on the decision by the U.S. Court of Appeals for the Sixth Circuit in Ault v. Oberlin. The case involved whether a single incident could be sufficiently severe to support sexual harassment allegations. The Court said yes, given the severity of the incident. In the case, a female employee was standing in a walk-in cooler and allegedly was pinned against a shelf by the harasser, who placed his pelvic area against her and trapped her against her protests. The court deemed the accusation a sexual, humiliating and physical invasion of her space, warranting a trial, Tim explained.

Referencing a Bass Berry Labor Talk blog post from July 28, 2015, the Corporate Counsel article notes that a single act can be severe enough to satisfy the standard of "severe or pervasive" and be sexual harassment. Tim said the case demonstrates the level of severity necessary to meet that standard.

"The case is also instructive on what did not rise to the level of sufficiently severe or pervasive," Tim said. Two other female employees said the same harasser made three to five sexually inappropriate and suggestive comments. "The court noted that the language was vulgar and unprofessional but not enough to establish sexual harassment," he said. 

The full article, "Severe or Pervasive Harassment Can Happen Just Once," was published by CorpCounsel.com on August 5 and is available online (subscription required).


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