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Attorney Spotlight

How does Jordana Nelson's prior experience as a general counsel inform her work with firm clients? Read more>

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The M&A Advisor Winner 2017The M&A Advisor announced the winners of the 16th Annual M&A Advisor Awards on Monday, November 13 at the 2017 M&A Advisor Awards. Bass, Berry & Sims was named a winner in the two categories related to the following deals:

M&A Deal of the Year (from $1B-$5B) – Acquisition of CLARCOR Inc. by Parker Hannifin Corporation

Corporate/Strategic Deal of the Year (over $1B) – Acquisition of BNC Bancorp by Pinnacle Financial Partners

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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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Law360 Reports on Vanderbilt Victory at Sixth Circuit in WARN Act Employment Class Action Case

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January 7, 2016

In an article published on January 5, 2016, Law360 summarized the details of the employment class action case, Morton v. Vanderbilt. Bass, Berry & Sims attorneys Bill Ozier, Stephanie Roth and Dustin Carlton represented Vanderbilt in the lawsuit. The case presented an issue of first impression in the Circuit as to when an employment termination occurs under the WARN Act.

In this case, a group of former employees filed the lawsuit alleging that Vanderbilt had violated the Worker Adjustment and Retraining Notification (WARN) Act for failing to provide 60 days' advance notice of their layoffs. The U.S. District Court for the Middle District of Tennessee found in favor of the former employees. However, the Sixth Circuit overturned the district court decision on the grounds that as long as employees continued to receive full wages and accrue benefits while on a paid leave, there is no employment termination until after the employer ceases the pay and benefits.

The full article, "WARN Notice Is Not End of Employment, 6th Circ. Says," was published by Law360 on January 5, 2016 and is available online.


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