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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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Bass, Berry & Sims Formalizes Nonprofit Organizations Practice

September 22, 2015

Cross-Disciplinary Team Led by Former Tennessee Attorney General Blends Deep Experience in Diverse Legal Issues Unique to Nonprofit Entities

Nashville, Tenn. (September 22, 2015) – Bass, Berry & Sims PLC is pleased to announce the formal establishment of its Nonprofit Organizations Practice Group, to continue addressing the unique legal issues facing nonprofit entities. The group will be led by Robert E. Cooper, Jr., who rejoined the firm earlier this year after serving as Tennessee Attorney General from 2006-2014.

"As the nonprofit sector continues to grow at a very quick pace nationally and especially in the state of Tennessee, our team works closely with the leaders of nonprofit entities to serve as allies, advocates and counselors in pursuing their public mission," said Cooper. "These organizations are subject to unique and changing legal and regulatory issues throughout the various stages of their existence."

Bass, Berry & Sims' Nonprofit Organizations practice is a cross-disciplinary team, which blends the firm's competencies from several practice areas, including Corporate & Business, Employee Benefits, Healthcare, Labor & Employment, Litigation & Dispute Resolution, Public Finance, Tax and Trusts & Estates. 

The practice group guides entities through the application process for 501(c)(3) tax-exempt status, as well as ongoing tax compliance issues. The group counsels organizations on a wide range of nonprofit corporate governance, employment and compensation, business transactions, tax-exempt financing and regulatory issues that, if unattended, can expose nonprofits to costly investigations and government-imposed penalties.

The Nonprofit Organizations practice professionals have experience providing counsel to the full range of nonprofit entities, including hospitals and other healthcare providers, educational institutions, trade and professional associations, advocacy groups, private foundations, charitable trusts and social welfare organizations. 

"When General Cooper rejoined our firm this spring, it provided us the opportunity to formally bring together a group of attorneys who have been doing great work for years on behalf of nonprofit organizations," said Todd Rolapp, managing partner at Bass, Berry & Sims.

As Attorney General, Cooper was involved in regulatory enforcement for tax-exempt entities, which included creating the Public Interest Division of the Attorney General's office to consolidate and expand assistance and oversight of nonprofits and charities.

About Bass, Berry & Sims PLC
With more than 220 attorneys representing numerous publicly traded companies and Fortune 500 businesses, Bass, Berry & Sims PLC has been involved in some of the largest and most significant business transactions and litigation matters in the country. For more information, visit www.bassberry.com.


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