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Attorney Spotlight

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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Experience Spotlight

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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Mike Sontag Argues Vodafone Case Before Tennessee Supreme Court

Media Mentions

June 5, 2015

Bass, Berry & Sims attorney Mike Sontag was quoted in two articles covering the arguments before the Tennessee Supreme Court in the Vodafone case. Mike is representing Vodafone in the case and presented arguments before the high court. In June 2014, the Tennessee Court of Appeals upheld a variance imposed by the Commissioner of Revenue requiring Vodafone to use market-based sourcing rather than the COP sourcing currently required by Tennessee's franchise and excise tax statutes. The Tennessee Supreme Court is hearing the case to determine whether the Commissioner property used his alternative apportionment authority. As stated in Mike's arguments before the court and as reported in one of the articles, "the only issue in the case is whether the revenue commissioner has the authority, through the state's variance statute, to request the clear tax policy choices of the General Assembly in favor of the tax policy of his own choosing, based on this judgment that the default statute is unfair or unwisely adopted."

The two articles, listed below, are available on the Tax Analysts website (subscription required).

  • "Tennessee High Court Hears Arguments in Vodafone Alternative Apportionment Case" (June 3, 2015)
  • "News Analysis: Tennessee Supreme Court Hammers Parties in Vodafone Arguments" (June 4, 2015)

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